Indonesia: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2025

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in Indonesia

The Indonesian turbo-jet (over X kn) market declined remarkably to $X in 2021, shrinking by -70% against the previous year. Over the period under review, consumption recorded a dramatic decline. Turbo-jet (over X kn) consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Turbo-Jets Of A Thrust Exceeding X kN in Indonesia

In value terms, turbo-jet (over X kn) production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 32%. As a result, production reached the peak level of $X, and then shrank in the following year.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports from Indonesia

In 2021, turbo-jet (over X kn) exports from Indonesia skyrocketed to X units, growing by 120% against 2020 figures. In general, exports, however, faced a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of 367%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, turbo-jet (over X kn) exports shrank modestly to $X in 2021. Over the period under review, exports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 1,901%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X units) was the main destination for turbo-jet (over X kn) exports from Indonesia, accounting for a 55% share of total exports. Moreover, turbo-jet (over X kn) exports to Belgium exceeded the volume sent to the second major destination, the UK (X units), threefold. India (X units) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium totaled +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-18.1% per year) and India (0.0% per year).

In value terms, India ($X) remains the key foreign market for turbo-jets of a thrust exceeding X kn exports from Indonesia, comprising 78% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 15% share of total exports. It was followed by Malaysia, with a 0.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India stood at -35.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-18.3% per year) and Malaysia (-1.0% per year).

Export Prices by Country

In 2021, the average turbo-jet (over X kn) export price amounted to $X per unit, which is down by -55.4% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 147%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, 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 India ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+24.4%), while the prices for the other major destinations experienced a decline.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports into Indonesia

In 2021, purchases abroad of turbo-jets of a thrust exceeding X kn decreased by -66.7% to X units, falling for the third year in a row after two years of growth. Overall, imports saw a sharp descent. The most prominent rate of growth was recorded in 2018 when imports increased by 1,200% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, turbo-jet (over X kn) imports contracted sharply to $X in 2021. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2018 with an increase of 2,193%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Singapore (X units) was the main supplier of turbo-jet (over X kn) to Indonesia, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Singapore totaled -15.4%.

In value terms, Belgium ($X) constituted the largest supplier of turbo-jets of a thrust exceeding X kn to Indonesia, comprising 32% of total imports. The second position in the ranking was taken by Russia ($X), with a 15% share of total imports. It was followed by the United States, with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium totaled -20.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-29.8% per year) and the United States (-45.5% per year).

Import Prices by Country

The average turbo-jet (over X kn) import price stood at $X per unit in 2021, shrinking by -50.9% against the previous year. Over the period under review, the import price, however, showed temperate growth. The pace of growth appeared the most rapid in 2018 an increase of 76% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2020, and then dropped dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+28.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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