Indonesia: Radio Receiver Market 2025

Radio Receiver Market Size in Indonesia

In 2022, the Indonesian radio receiver market increased by 4.6% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Radio Receiver Production in Indonesia

In value terms, radio receiver production stood at $X in 2022 estimated in export price. Overall, production, however, saw a perceptible setback. The pace of growth was the most pronounced in 2017 when the production volume increased by 16% against the previous year. Radio receiver production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Radio Receiver Exports

Exports from Indonesia

For the third year in a row, Indonesia recorded decline in overseas shipments of radio receivers, which decreased by -4.7% to X units in 2022. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 20% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, radio receiver exports expanded rapidly to $X in 2022. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2016 with an increase of 9.8% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Japan (X units) and Belgium (X units) were the main destinations of radio receiver exports from Indonesia, with a combined 46% share of total exports. Germany, the United Arab Emirates, Singapore, Malaysia, China, Canada, Australia, Russia, Spain and Thailand lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +31.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Belgium ($X) and Japan ($X) were the largest markets for radio receiver exported from Indonesia worldwide, together comprising 52% of total exports. Singapore, Malaysia, the United Arab Emirates, China, Germany, Russia, Australia, Canada, Thailand and Spain lagged somewhat behind, together comprising a further 38%.

Among the main countries of destination, China, with a CAGR of +36.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average radio receiver export price amounted to $X per unit, surging by 10% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, radio receiver export price increased by +25.2% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 65%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the 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 Russia ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Radio Receiver Imports

Imports into Indonesia

In 2022, overseas purchases of radio receivers increased by 45% to X units, rising for the second consecutive year after two years of decline. In general, imports recorded moderate growth. The most prominent rate of growth was recorded in 2018 when imports increased by 155%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, radio receiver imports skyrocketed to $X in 2022. Over the period under review, imports saw resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Thailand (X units), China (X units) and Hong Kong SAR (X units) were the main suppliers of radio receiver imports to Indonesia, together comprising 94% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of +38.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Thailand ($X), China ($X) and Malaysia ($X) were the largest radio receiver suppliers to Indonesia, with a combined 97% share of total imports. Hong Kong SAR and Singapore lagged somewhat behind, together comprising a further 1.2%.

Among the main suppliers, Hong Kong SAR, with a CAGR of +17.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average radio receiver import price stood at $X per unit in 2022, with an increase of 53% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, radio receiver import price increased by +139.4% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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