Indonesia: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Indonesia

In 2021, the Indonesian positive displacement pump market decreased by -3% to $X for the first time since 2015, thus ending a five-year rising trend. Over the period under review, consumption continues to indicate strong growth. Over the period under review, the market attained the maximum level at $X in 2020, and then dropped slightly in the following year.

Positive Displacement Pump Production in Indonesia

In value terms, positive displacement pump production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 158% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Positive Displacement Pump Exports

Exports from Indonesia

In 2021, the amount of positive displacement pumps and hand pumps exported from Indonesia soared to X units, increasing by 29% compared with the year before. In general, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2013 with an increase of 123% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, positive displacement pump exports skyrocketed to $X in 2021. Overall, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 261%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for positive displacement pump exports from Indonesia, accounting for a 43% share of total exports. Moreover, positive displacement pump exports to the United States exceeded the volume sent to the second major destination, Singapore (X units), twofold. The third position in this ranking was taken by Timor-Leste (X units), with a 21% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +61.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-10.9% per year) and Timor-Leste (-16.9% per year).

In value terms, the United States ($X) remains the key foreign market for positive displacement pumps and hand pumps exports from Indonesia, comprising 70% of total exports. The second position in the ranking was taken by Timor-Leste ($X), with a 7.4% share of total exports. It was followed by Singapore, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +56.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Timor-Leste (-7.2% per year) and Singapore (-10.5% per year).

Export Prices by Country

In 2021, the average positive displacement pump export price amounted to $X per unit, growing by 47% against the previous year. Overall, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 107%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to Maldives ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Timor-Leste (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Positive Displacement Pump Imports

Imports into Indonesia

In 2021, overseas purchases of positive displacement pumps and hand pumps increased by 16% to X units, rising for the third year in a row after two years of decline. In general, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 71%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, positive displacement pump imports shrank to $X in 2021. Over the period under review, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 52%. Over the period under review, imports reached the maximum at $X in 2020, and then dropped in the following year.

Imports by Country

In 2021, China (X units) was the main supplier of positive displacement pump to Indonesia, with a 94% share of total imports. It was followed by Thailand (X units), with a 2.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+13.5% per year) and Singapore (-11.2% per year).

In value terms, China ($X) constituted the largest supplier of positive displacement pumps and hand pumps to Indonesia, comprising 82% of total imports. The second position in the ranking was taken by Thailand ($X), with a 4.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+27.5% per year) and Singapore (-5.0% per year).

Import Prices by Country

The average positive displacement pump import price stood at $X per unit in 2021, waning by -21.7% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 48% against the previous year. The import price peaked at $X per unit in 2020, and then declined notably in the following year.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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