Indonesia - Iron Or Steel Rivets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Indonesia - Iron Or Steel Rivets - Market Analysis, Forecast, Size, Trends And Insights

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Metal Rivet Price in Indonesia - 2022

Contents:

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

Metal Rivet Price in Indonesia (CIF) - 2022

The average metal rivet import price stood at $7,027 per ton in March 2022, dropping by -21.7% against the previous month. In general, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 39% month-to-month. As a result, import price attained the peak level of $11,272 per ton. From August 2021 to March 2022, the average import prices failed to regain momentum.

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) ($13,705 per ton), while the price for China ($3,044 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 Taiwan (Chinese) (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Rivet Price in Indonesia (FOB) - 2022

The average metal rivet export price stood at $10,582 per ton in 2022, growing by 3.3% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 76% against the previous year. Over the period under review, the average export prices reached the maximum at $17,138 per ton in 2020; however, from 2021 to 2022, 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 Japan ($85,923 per ton), while the average price for exports to Malaysia ($5,383 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Rivet Imports in Indonesia

In 2022, the amount of iron or steel rivets imported into Indonesia reduced markedly to 586 tons, which is down by -22.1% compared with the previous year. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 41%.

In value terms, metal rivet imports rose slightly to $5.5M in 2022. Over the period under review, imports recorded a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of 31%.

Import of Metal Rivet in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2,9781,7552,5092,475-6.0%
China1,0177651,0841,0691.7%
Malaysia3322764274218.2%
Thailand3983204084030.4%
Singapore389184248266-11.9%
Hong Kong SAR295200150208-11.0%
Taiwan (Chinese)1762821742045.0%
India17812.210.264.8-28.6%
Myanmar2.3N/AN/AN/A0%
Others3823103674152.8%
Total6,1464,1055,3765,526-3.5%

Top Suppliers of Metal Rivet to Indonesia in 2022:

  1. China (243.4 tons)
  2. Japan (180.7 tons)
  3. Malaysia (47.6 tons)
  4. Thailand (29.1 tons)
  5. Singapore (21.6 tons)
  6. Taiwan (Chinese) (15.3 tons)
  7. Hong Kong SAR (14.5 tons)
  8. India (10.8 tons)

Metal Rivet Exports in Indonesia

Metal rivet exports from Indonesia fell sharply to 11 tons in 2022, shrinking by -17% on 2021 figures. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 73%. As a result, the exports attained the peak of 13 tons, and then reduced remarkably in the following year.

In value terms, metal rivet exports fell to $118K in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 18%.

Export of Metal Rivet in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan29.117.829.825.8-3.9%
Malaysia4.57.927.623.874.2%
PhilippinesN/A23.220.818.0-11.9%
Thailand24.316.916.216.5-12.1%
Cambodia5.48.016.714.539.0%
India30.12.50.19.4-32.2%
Singapore0.18.77.46.4300.0%
Hong Kong SAR3.0N/AN/AN/A0%
AustraliaN/AN/A2.7N/A0%
Others15.547.616.13.5-39.1%
Total1121331371181.8%

Top Export Markets for Metal Rivet from Indonesia in 2022:

  1. Malaysia (4.4 tons)
  2. Thailand (2.8 tons)
  3. Philippines (1.5 tons)
  4. India (0.9 tons)
  5. Cambodia (0.7 tons)
  6. Singapore (0.3 tons)
  7. Japan (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal rivet 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 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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