Indonesia: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Indonesia

The Indonesian market for prefabricated buildings of plastics, concrete or aluminium rose significantly to $X in 2021, increasing by 14% against the previous year. In general, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.0% against 2019 indices. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Indonesia

In value terms, production of prefabricated buildings of plastics, concrete or aluminium expanded sharply to $X in 2021 estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.1% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 37%. Over the period under review, production of reached the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Indonesia

In 2021, shipments abroad of prefabricated buildings of plastics, concrete or aluminium decreased by -45.6% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 179%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium shrank rapidly to $X in 2021. Overall, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 82% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Singapore (X tons), Malaysia (X tons) and Maldives (X tons) were the main destinations of exports of prefabricated buildings of plastics, concrete or aluminium from Indonesia, with a combined 93% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Maldives (with a CAGR of +62.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the key foreign market for prefabricated buildings of plastics, concrete or aluminium exports from Indonesia, comprising 37% of total exports. The second position in the ranking was held by Malaysia ($X), with a 13% share of total exports. It was followed by Maldives, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to Singapore stood at -13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+3.9% per year) and Maldives (+52.9% per year).

Export Prices by Country

The average export price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, increasing by 34% against the previous year. Overall, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for prefabricated buildings of plastics, concrete or aluminium decreased by -3.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 75%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Seychelles (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Indonesia

In 2021, the amount of prefabricated buildings of plastics, concrete or aluminium imported into Indonesia skyrocketed to X tons, increasing by 23% on 2020 figures. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2016 with an increase of 148%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2013 with an increase of 64%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of prefabricated buildings of plastics, concrete or aluminium to Indonesia, accounting for a 91% share of total imports. Moreover, imports of prefabricated buildings of plastics, concrete or aluminium from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), more than tenfold. The third position in this ranking was held by Vietnam (X tons), with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +48.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+27.1% per year) and Vietnam (+17.0% per year).

In value terms, China ($X) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to Indonesia, comprising 81% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 3.7% share of total imports. It was followed by Vietnam, with a 3.1% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +43.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+19.3% per year) and Vietnam (+11.7% per year).

Import Prices by Country

The average import price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, rising by 13% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 61%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform