Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Indonesia - 2022

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Indonesia (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Indonesia (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Indonesia
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Indonesia

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Indonesia (CIF) - 2022

In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $0.9 per unit, which is down by -4.1% against the previous year. Over the period under review, the import price showed a noticeable decline. The pace of growth was the most pronounced in 2013 when the average import price increased by 34% against the previous year. The import price peaked at $2.7 per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 Singapore ($21 per unit), while the price for India ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Indonesia (FOB) - 2022

In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $10 per unit, jumping by 29% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 94% against the previous year. As a result, the export price attained the peak level of $15 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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 Singapore ($11 per unit), while the average price for exports to Malaysia ($1 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 Cote d'Ivoire (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Indonesia

In 2022, approx. 8.2M units of drawing, marking-out or mathematical calculating instrumentses were imported into Indonesia; increasing by 84% against the previous year. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses skyrocketed to $7.3M in 2022. Overall, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.43.93.66.24.7%
Others1.10.50.51.10.0%
Total6.54.44.17.33.9%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Indonesia in 2022:

  1. China (8.0M units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Indonesia

After three years of growth, overseas shipments of drawing, marking-out or mathematical calculating instrumentses decreased by -82.5% to 4.9K units in 2022. Overall, exports, however, posted buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 331%. The exports peaked at 28K units in 2021, and then contracted significantly in the following year.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses declined rapidly to $49K in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 119%. As a result, the exports reached the peak of $218K, and then shrank notably in the following year.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria10.314.98.515.414.3%
United Arab Emirates0.40.20.45.5139.6%
Australia1.20.60.74.049.4%
Singapore0.87.917.13.969.6%
Italy1.31.56.23.133.6%
Vietnam0.72.42.72.246.5%
Myanmar0.20.11.41.281.7%
United StatesN/A4.08.71.1-47.6%
Fiji0.70.72.30.98.7%
Cote d'Ivoire0.10.10.80.9108.0%
Argentina0.30.31.40.732.6%
MalaysiaN/A0.10.10.241.4%
Brunei Darussalam0.120.137.2N/A1828.7%
Others33.246.613110.2-32.5%
Total49.399.721849.40.1%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Indonesia in 2022:

  1. Nigeria (1455.0 units)
  2. Australia (537.0 units)
  3. United Arab Emirates (516.0 units)
  4. Singapore (367.0 units)
  5. Italy (296.0 units)
  6. Malaysia (211.0 units)
  7. Vietnam (211.0 units)
  8. Fiji (183.0 units)
  9. United States (157.0 units)
  10. Myanmar (112.0 units)
  11. Argentina (93.0 units)
  12. Cote d'Ivoire (88.0 units)
  13. Brunei Darussalam (2.0 units)

Source: IndexBox Market Intelligence Platform

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