Indonesia: Cement Pipe Market 2024

Cement Pipe Market Size in Indonesia

The Indonesian cement pipe market dropped modestly to $X in 2022, falling by -4.2% against the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Cement Pipe Production in Indonesia

In value terms, cement pipe production declined slightly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 33% against the previous year. Cement pipe production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Cement Pipe Exports

Exports from Indonesia

After two years of decline, shipments abroad of pipes and other articles of cement increased by 510% to X tons in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2017 with an increase of 577% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, cement pipe exports skyrocketed to $X in 2022. Overall, exports showed a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by 286% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for cement pipe exports from Indonesia, with a 88% share of total exports. Moreover, cement pipe exports to Singapore exceeded the volume sent to the second major destination, Australia (X tons), more than tenfold. The third position in this ranking was taken by France (X tons), with a 3% share.

From 2012 to 2022, the average annual growth rate of volume to Singapore amounted to +81.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+20.5% per year) and France (+22.8% per year).

In value terms, Singapore ($X) emerged as the key foreign market for pipes and other articles of cement exports from Indonesia, comprising 45% of total exports. The second position in the ranking was taken by Australia ($X), with a 13% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Singapore totaled +38.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+19.3% per year) and the United States (-1.0% per year).

Export Prices by Country

The average cement pipe export price stood at $X per ton in 2022, waning by -75.1% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2021 an increase of 135% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+25.5%), while the prices for the other major destinations experienced mixed trend patterns.

Cement Pipe Imports

Imports into Indonesia

In 2022, approx. X tons of pipes and other articles of cement were imported into Indonesia; surging by 14% compared with 2021 figures. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2017 when imports increased by 1,532% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cement pipe imports shrank slightly to $X in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 427% against the previous year. As a result, imports reached the peak of $X, and then reduced slightly in the following year.

Imports by Country

In 2022, Malaysia (X tons) was the main cement pipe supplier to Indonesia, with a 97% share of total imports. It was followed by Singapore (X tons), with a 2.4% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Malaysia stood at +154.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+10.7% per year) and China (+29.9% per year).

In value terms, Malaysia ($X) constituted the largest supplier of pipes and other articles of cement to Indonesia, comprising 79% of total imports. The second position in the ranking was taken by China ($X), with a 9.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Malaysia stood at +89.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+27.9% per year) and Singapore (-4.0% per year).

Import Prices by Country

The average cement pipe import price stood at $X per ton in 2022, with a decrease of -15.5% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 155% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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