Indonesia: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Indonesia

After five years of growth, the Indonesian cement prefabricated structural components market decreased by -2% to $X in 2021. Overall, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +57.4% against 2015 indices. Cement prefabricated structural components consumption peaked at $X in 2020, and then shrank modestly in the following year.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Indonesia

In value terms, cement prefabricated structural components production declined to $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% 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 increased by +68.4% against 2015 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 34% against the previous year. Cement prefabricated structural components production peaked at $X in 2020, and then contracted in the following year.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Indonesia

In 2021, approx. X tons of prefabricated structural components of cement, concrete or artificial stone were exported from Indonesia; increasing by 3,995% on 2020. Over the period under review, exports, however, recorded a mild slump. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, cement prefabricated structural components exports soared to $X in 2021. Overall, exports saw a mild increase. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons) was the main destination for cement prefabricated structural components exports from Indonesia, accounting for a 69% share of total exports. Moreover, cement prefabricated structural components exports to Bangladesh exceeded the volume sent to the second major destination, Myanmar (X tons), fivefold. Hong Kong SAR (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2021, the average annual growth rate of volume to Bangladesh stood at +18,258.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+5,671.9% per year) and Hong Kong SAR (+68.1% per year).

In value terms, Bangladesh ($X) emerged as the key foreign market for prefabricated structural components of cement, concrete or artificial stone exports from Indonesia, comprising 71% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 9.6% share of total exports. It was followed by Australia, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bangladesh amounted to +21,163.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+86.5% per year) and Australia (-24.7% per year).

Export Prices by Country

The average cement prefabricated structural components export price stood at $X per ton in 2021, reducing by -9.1% against the previous year. Over the period under review, the export price, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 60%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Singapore ($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 Bangladesh (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Indonesia

Cement prefabricated structural components imports into Indonesia expanded significantly to X tons in 2021, picking up by 6.6% compared with 2020. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2017 when imports increased by 285%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, cement prefabricated structural components imports surged to $X in 2021. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 218%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of cement prefabricated structural components to Indonesia, accounting for a 98% share of total imports. It was followed by Malaysia (X tons), with a 1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +60.5%.

In value terms, China ($X) constituted the largest supplier of prefabricated structural components of cement, concrete or artificial stone to Indonesia, comprising 98% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 0.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +52.1%.

Import Prices by Country

The average cement prefabricated structural components import price stood at $X per ton in 2021, increasing by 12% against the previous year. Overall, the import price, however, showed a perceptible downturn. The growth pace was the most rapid in 2015 when the average import price increased by 39%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Malaysia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (-4.5%).

Source: IndexBox Platform

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