Indonesia: Drawing Board Market 2024

Drawing Board Market Size in Indonesia

In 2022, the Indonesian drawing board market increased by 1.5% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Drawing Board Production in Indonesia

In value terms, drawing board production shrank to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 57% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Drawing Board Exports

Exports from Indonesia

In 2022, overseas shipments of slates and boards with writing or drawing surfaces decreased by -24.3% to X units, falling for the fourth consecutive year after four years of growth. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 17,863% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, drawing board exports dropped to $X in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 25,919% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), the United Arab Emirates (X units) and Italy (X units) were the main destinations of drawing board exports from Indonesia, with a combined 41% share of total exports. Belgium, the UK, Spain, Russia, Poland, Canada and Germany lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +206.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for drawing board exported from Indonesia were the United States ($X), the United Arab Emirates ($X) and Italy ($X), with a combined 42% share of total exports. Belgium, the UK, Spain, Russia, Germany, Poland and Canada lagged somewhat behind, together accounting for a further 42%.

In terms of the main countries of destination, Germany, with a CAGR of +242.3%, saw the highest rates of growth with regard to 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 drawing board export price amounted to $X per unit, growing by 32% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, drawing board export price increased by +154.8% against 2016 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 45% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Poland ($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 Belgium (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Drawing Board Imports

Imports into Indonesia

In 2022, approx. X units of slates and boards with writing or drawing surfaces were imported into Indonesia; surging by 3.7% compared with the year before. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.9% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of 46%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, drawing board imports soared to $X in 2022. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 68% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X units) was the main drawing board supplier to Indonesia, with a 93% share of total imports. It was followed by Taiwan (Chinese) (X units), with a 2.2% share of total imports. The third position in this ranking was taken by the Netherlands (X units), with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+22.8% per year) and the Netherlands (+185.9% per year).

In value terms, China ($X) constituted the largest supplier of slates and boards with writing or drawing surfaces to Indonesia, comprising 92% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 3.2% share of total imports. It was followed by the Netherlands, with a 1.2% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+19.7% per year) and the Netherlands (+122.9% per year).

Import Prices by Country

In 2022, the average drawing board import price amounted to $X per unit, increasing by 40% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, drawing board import price increased by +13.4% against 2018 indices. The growth pace was the most rapid in 2018 when the average import price increased by 58% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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