Indonesia: Market for Snow-Ploughs And Snow-Blowers 2024

Market Size for Snow-Ploughs And Snow-Blowers in Indonesia

The Indonesian snow ploughs and blowers market declined modestly to $X in 2022, with a decrease of -2.9% against the previous year. Overall, consumption continues to indicate a slight descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Snow-Ploughs And Snow-Blowers in Indonesia

In value terms, snow ploughs and blowers production shrank modestly to $X in 2022 estimated in export price. In general, production continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by 35% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Snow-Ploughs And Snow-Blowers

Exports from Indonesia

In 2022, exports of snow-ploughs and snow-blowers from Indonesia amounted to X units, therefore, remained relatively stable against the previous year's figure. Over the period under review, exports faced a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of 67%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, snow ploughs and blowers exports skyrocketed to $X in 2022. In general, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2017 when exports increased by 100%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Timor-Leste (X units) and Singapore (X units) were the main destinations of snow ploughs and blowers exports from Indonesia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of 0.0%).

In value terms, Singapore ($X) remains the key foreign market for snow-ploughs and snow-blowers exports from Indonesia, comprising 75% of total exports. The second position in the ranking was taken by Timor-Leste ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Singapore amounted to -2.6%.

Export Prices by Country

The average snow ploughs and blowers export price stood at $X per unit in 2022, with an increase of 66% against the previous year. Over the period under review, the export price, however, continues to indicate a drastic downturn. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 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 Singapore ($X per unit), while the average price for exports to Timor-Leste stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-2.6%).

Imports of Snow-Ploughs And Snow-Blowers

Imports into Indonesia

After two years of growth, purchases abroad of snow-ploughs and snow-blowers decreased by -35.3% to X units in 2022. In general, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2014 when imports increased by 288%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, snow ploughs and blowers imports declined significantly to $X in 2022. Over the period under review, imports faced a significant curtailment. The growth pace was the most rapid in 2014 when imports increased by 258% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of snow ploughs and blowers to Indonesia, accounting for a 45% share of total imports. Moreover, snow ploughs and blowers imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by the United States (X units), with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume from Japan stood at +17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.2% per year) and the United States (0.0% per year).

In value terms, the largest snow ploughs and blowers suppliers to Indonesia were Japan ($X), China ($X) and Singapore ($X), together comprising 100% of total imports.

China, with a CAGR of +43.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average snow ploughs and blowers import price stood at $X per unit in 2022, picking up by 13% against the previous year. Over the period under review, the import price, however, showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 52%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 China ($X per unit), while the price for the United States ($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 (+34.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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