Indonesia - Hollow Drill Bars And Rods - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHollow Drill Bar Price in Indonesia - 2022
Contents:
- Hollow Drill Bar Price in Indonesia (CIF) - 2022
- Hollow Drill Bar Price in Indonesia (FOB) - 2022
- Hollow Drill Bar Imports in Indonesia
- Hollow Drill Bar Exports in Indonesia
Hollow Drill Bar Price in Indonesia (CIF) - 2022
In March 2022, the average hollow drill bar import price amounted to $1,452 per ton, waning by -28.7% against the previous month. Overall, the import price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in October 2021 when the average import price increased by 424% m-o-m. The import price peaked at $4,808 per ton in August 2021; however, from September 2021 to March 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Taiwan (Chinese) ($7,841 per ton), while the price for India ($166 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Hollow Drill Bar Price in Indonesia (FOB) - 2022
The average hollow drill bar export price stood at $3,297 per ton in 2022, waning by -9.7% against the previous year. Over the period under review, the export price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 129%. Over the period under review, the average export prices attained the maximum at $4,986 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($3,334 per ton), while the average price for exports to Papua New Guinea totaled $2,331 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+2.4%), while the prices for the other major destinations experienced a decline.
Hollow Drill Bar Imports in Indonesia
After three years of growth, purchases abroad of hollow drill bars and rods decreased by -26.5% to 4.9K tons in 2022. Overall, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year.
In value terms, hollow drill bar imports reduced notably to $4.3M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 93%. As a result, imports reached the peak of $6.6M, and then plummeted in the following year.
| Import of Hollow Drill Bar in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 2.5 | 4.2 | 2.8 | 1.2% |
| Taiwan (Chinese) | 0.1 | 0.2 | 0.9 | 0.6 | 81.7% |
| Singapore | 0.7 | 0.4 | 0.5 | 0.3 | -24.6% |
| Turkey | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Others | 0.7 | 0.3 | 0.8 | 0.4 | -17.0% |
| Total | 4.2 | 3.4 | 6.6 | 4.3 | 0.8% |
Top Suppliers of Hollow Drill Bar to Indonesia in 2022:
- China (3030.5 tons)
- Singapore (1474.8 tons)
- Turkey (145.5 tons)
- Taiwan (Chinese) (127.8 tons)
Hollow Drill Bar Exports in Indonesia
In 2022, after three years of growth, there was decline in overseas shipments of hollow drill bars and rods, when their volume decreased by -3.7% to 4.6 tons. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year.
In value terms, hollow drill bar exports dropped to $15K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year.
| Export of Hollow Drill Bar in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.5 | 12.4 | 16.0 | 14.6 | 113.5% |
| Papua New Guinea | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
| Malaysia | 0.8 | N/A | N/A | N/A | 0% |
| Egypt | 4.3 | N/A | N/A | N/A | 0% |
| Maldives | 0.3 | N/A | N/A | N/A | 0% |
| Others | 1.1 | N/A | 0.8 | N/A | -14.7% |
| Total | 8.2 | 12.8 | 17.3 | 15.0 | 22.3% |
Top Export Markets for Hollow Drill Bar from Indonesia in 2022:
- Singapore (4.4 tons)
- Papua New Guinea (0.2 tons)
This report provides an in-depth analysis of the hollow drill bar market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106700 - Hollow drill bars and rods
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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