Indonesia: Market for PVC Floor, Wall and Ceiling Coverings 2025

Market Size for PVC Floor, Wall and Ceiling Coverings in Indonesia

The Indonesian market for PVC floor, wall and ceiling coverings rose markedly to $X in 2022, increasing by 8.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a resilient increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Indonesia

In 2022, after two years of growth, there was significant decline in overseas shipments of PVC floor, wall and ceiling coverings, when their volume decreased by -46.1% to X square meters. Over the period under review, exports, however, posted pronounced growth. The growth pace was the most rapid in 2021 with an increase of 454%. As a result, the exports attained the peak of X square meters, and then contracted sharply in the following year.

In value terms, exports of PVC floor, wall and ceiling coverings reduced markedly to $X in 2022. Overall, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 370%. As a result, the exports attained the peak of $X, and then contracted significantly in the following year.

Exports by Country

China (X square meters) was the main destination for exports of PVC floor, wall and ceiling coverings from Indonesia, accounting for a 31% share of total exports. Moreover, exports of PVC floor, wall and ceiling coverings to China exceeded the volume sent to the second major destination, Singapore (X square meters), twofold. The third position in this ranking was held by the UK (X square meters), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +68.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+10.5% per year) and the UK (+107.3% per year).

In value terms, China ($X) remains the key foreign market for PVC floor, wall and ceiling coverings exports from Indonesia, comprising 25% of total exports. The second position in the ranking was held by Malaysia ($X), with a 12% share of total exports. It was followed by Singapore, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled +75.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+30.0% per year) and Singapore (+21.4% per year).

Export Prices by Country

The average export price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, reducing by -6.6% against the previous year. In general, the export price, however, enjoyed a perceptible increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 50%. The export price peaked at $X per square meter in 2018; however, from 2019 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 South Africa ($X per square meter), while the average price for exports to Bangladesh ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Indonesia

In 2022, imports of pvc floor, wall and ceiling coverings into Indonesia reached X square meters, remaining constant against the previous year's figure. Over the period under review, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2019 when imports increased by 100% against the previous year. As a result, imports reached the peak of X square meters. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of PVC floor, wall and ceiling coverings rose significantly to $X in 2022. Overall, imports saw buoyant growth. The pace of growth appeared the most rapid in 2019 with an increase of 95%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest PVC floor, wall and ceiling coverings supplier to Indonesia, accounting for a 72% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, Malaysia (X square meters), sixfold. Thailand (X square meters) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +26.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+2.6% per year) and Thailand (-6.8% per year).

In value terms, China ($X) constituted the largest supplier of PVC floor, wall and ceiling coverings to Indonesia, comprising 75% of total imports. The second position in the ranking was taken by Malaysia ($X), with an 8.3% share of total imports. It was followed by South Korea, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +30.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+1.6% per year) and South Korea (+8.5% per year).

Import Prices by Country

In 2022, the average import price for PVC floor, wall and ceiling coverings amounted to $X per square meter, growing by 7.5% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for PVC floor, wall and ceiling coverings increased by +8.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per square meter), while the price for Vietnam ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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