Indonesia - Horsehair - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Indonesia - Horsehair - Market Analysis, Forecast, Size, Trends and Insights

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Horsehair Price in Indonesia - 2022

Contents:

  1. Horsehair Price in Indonesia (CIF) - 2022
  2. Horsehair Price in Indonesia (FOB) - 2022
  3. Horsehair Imports in Indonesia
  4. Horsehair Exports in Indonesia

Horsehair Price in Indonesia (CIF) - 2022

The average horsehair import price stood at $38,392 per ton in 2022, picking up by 4% against the previous year. Over the period under review, the import price saw a strong increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 113% against the previous year. As a result, import price attained the peak level of $46,804 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($76,787 per ton), while the price for China amounted to $22,963 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.5%).

Horsehair Price in Indonesia (FOB) - 2022

The average horsehair export price stood at $32,500 per ton in 2022, picking up by 31% against the previous year. Overall, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 106%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +5.2% per year.

Horsehair Imports in Indonesia

In 2022, imports of horsehair into Indonesia expanded significantly to 12 tons, surging by 12% against 2021 figures. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of 14 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, horsehair imports surged to $467K in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 85%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Horsehair in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A10520726859.8%
China211285122199-1.9%
Others0.20.170.8N/A1781.5%
Total21139040046730.3%

Top Suppliers of Horsehair to Indonesia in 2022:

  1. China (8.7 tons)
  2. South Korea (3.5 tons)

Horsehair Exports in Indonesia

In 2022, shipments abroad of horsehair increased by 64% to 36 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a sharp curtailment.

In value terms, horsehair exports surged to $1.2K in 2022. Over the period under review, exports, however, faced a deep contraction.

Export of Horsehair in Indonesia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1,0645954871,1703.2%
France56.02.057.0N/A0.9%
Slovenia962N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2,0825975441,170-17.5%

Top Export Markets for Horsehair from Indonesia in 2022:

  1. South Korea (36.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the horsehair 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:

  • FCL 1030 - Fine goat hair
  • FCL 1031 - Coarse goat hair
  • FCL 1100 - Hair of horses
  • FCL 1218 - Hair, fine
  • FCL 1219 - Hair, coarse nes

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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