Indonesia: Enamels And Glazes Market 2024

Enamels And Glazes Market Size in Indonesia

The Indonesian enamels and glazes market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Enamels And Glazes Production in Indonesia

In value terms, enamels and glazes production expanded significantly to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 15% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Enamels And Glazes Exports

Exports from Indonesia

In 2021, approx. X tons of vitrifiable enamels and glazes for ceramics, enamelling or glass were exported from Indonesia; shrinking by -9.7% on 2020 figures. Overall, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by 271% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, enamels and glazes exports expanded slightly to $X in 2021. Over the period under review, exports, however, continue to indicate a notable expansion. The pace of growth was the most pronounced in 2013 when exports increased by 127%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for enamels and glazes exports from Indonesia, accounting for a 76% share of total exports. Moreover, enamels and glazes exports to Australia exceeded the volume sent to the second major destination, Malaysia (X tons), fivefold. The United States (X tons) ranked third in terms of total exports with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume to Australia amounted to +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+10.9% per year) and the United States (+106.3% per year).

In value terms, Australia ($X) remains the key foreign market for vitrifiable enamels and glazes for ceramics, enamelling or glass exports from Indonesia, comprising 68% of total exports. The second position in the ranking was held by Malaysia ($X), with a 13% share of total exports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Australia amounted to +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+1.3% per year) and the United States (+88.8% per year).

Export Prices by Country

In 2021, the average enamels and glazes export price amounted to $X per ton, picking up by 16% against the previous year. Overall, the export price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 62%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+21.2%), while the prices for the other major destinations experienced mixed trend patterns.

Enamels And Glazes Imports

Imports into Indonesia

In 2021, after two years of decline, there was significant growth in overseas purchases of vitrifiable enamels and glazes for ceramics, enamelling or glass, when their volume increased by 24% to X tons. Overall, imports, however, saw a slight reduction. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, enamels and glazes imports soared to $X in 2021. Over the period under review, imports, however, saw a noticeable decline. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Vietnam (X tons), China (X tons) and Spain (X tons) were the main suppliers of enamels and glazes imports to Indonesia, with a combined 80% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +57.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest enamels and glazes suppliers to Indonesia were Spain ($X), Thailand ($X) and China ($X), together accounting for 59% of total imports. These countries were followed by Vietnam, Taiwan (Chinese), Belgium, Turkey, Italy and Malaysia, which together accounted for a further 30%.

Among the main suppliers, Vietnam, with a CAGR of +40.2%, 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

In 2021, the average enamels and glazes import price amounted to $X per ton, growing by 20% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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