Indonesia: Thread Rolling Machine Market 2024

Thread Rolling Machine Market Size in Indonesia

The Indonesian thread rolling machine market shrank markedly to $X in 2022, with a decrease of -86.7% against the previous year. Over the period under review, consumption, however, enjoyed a strong increase. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Thread Rolling Machine Production in Indonesia

In value terms, thread rolling machine production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume decreased by 99.9%. Over the period under review, production attained the maximum level in 2022 and is likely to see steady growth in the immediate term.

Thread Rolling Machine Exports

Exports from Indonesia

In 2022, thread rolling machine exports from Indonesia fell significantly to X units, declining by -36.2% compared with 2021. Overall, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 422%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, thread rolling machine exports declined dramatically to $X in 2022. In general, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of 1,098% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X units) was the main destination for thread rolling machine exports from Indonesia, accounting for a 80% share of total exports. Moreover, thread rolling machine exports to Japan exceeded the volume sent to the second major destination, Taiwan (Chinese) (X units), more than tenfold. The third position in this ranking was held by the Philippines (X units), with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan totaled +37.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-6.7% per year) and the Philippines (0.0% per year).

In value terms, Japan ($X) remains the key foreign market for thread rolling machines for working metal, sintered metal carbides or cermets exports from Indonesia, comprising 91% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 6.5% share of total exports. It was followed by the Philippines, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan stood at +79.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-0.6% per year) and the Philippines (+3.1% per year).

Export Prices by Country

The average thread rolling machine export price stood at $X per unit in 2022, which is down by -12.4% against the previous year. Overall, the export price, however, saw a resilient expansion. The growth pace was the most rapid in 2016 when the average export price increased by 927% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Singapore ($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 Japan (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.

Thread Rolling Machine Imports

Imports into Indonesia

In 2022, overseas purchases of thread rolling machines for working metal, sintered metal carbides or cermets were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, showed a abrupt downturn. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, thread rolling machine imports rose significantly to $X in 2022. Over the period under review, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2014 with an increase of 49%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X units), Singapore (X units) and China (X units) were the main suppliers of thread rolling machine imports to Indonesia, with a combined 78% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +34.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of thread rolling machines for working metal, sintered metal carbides or cermets to Indonesia, comprising 63% of total imports. The second position in the ranking was held by China ($X), with a 25% share of total imports. It was followed by Japan, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Taiwan (Chinese) totaled -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-18.8% per year) and Japan (-32.1% per year).

Import Prices by Country

In 2022, the average thread rolling machine import price amounted to $X per unit, dropping by -34.2% against the previous year. Overall, the import price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2018 when the average import price increased by 21%. The import price peaked at $X per unit in 2021, and then dropped significantly in the following year.

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 Taiwan (Chinese) ($X per unit), while the price for Singapore ($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 (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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