Indonesia - Iron Or Steel Nuts (Including Self-Locking Nuts) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Indonesia - Iron Or Steel Nuts (Including Self-Locking Nuts) - Market Analysis, Forecast, Size, Trends And Insights

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Metal Self-Locking Nut Price in Indonesia - 2022

Contents:

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

Metal Self-Locking Nut Price in Indonesia (CIF) - 2022

In March 2022, the average metal self-locking nut import price amounted to $6,717 per ton, surging by 35% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2021 an increase of 40% m-o-m. As a result, import price reached the peak level of $8,346 per ton. From July 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 Thailand ($11,501 per ton), while the price for China ($2,201 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) (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Self-Locking Nut Price in Indonesia (FOB) - 2022

The average metal self-locking nut export price stood at $7,605 per ton in March 2022, dropping by -16.2% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in April 2021 when the average export price increased by 37% month-to-month. Over the period under review, the average export prices reached the peak figure at $9,396 per ton in May 2021; however, from June 2021 to March 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Pakistan ($25,041 per ton), while the average price for exports to Malaysia ($2,834 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Self-Locking Nut Imports in Indonesia

Metal self-locking nut imports into Indonesia soared to 23K tons in 2022, rising by 66% against 2021. Over the period under review, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal self-locking nut imports skyrocketed to $125M in 2022. Overall, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Metal Self-Locking Nut in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan49.529.744.267.610.9%
China13.48.912.519.112.5%
Taiwan (Chinese)6.34.76.710.217.4%
Thailand6.12.86.39.616.3%
South Korea1.01.03.55.374.4%
Malaysia1.60.60.91.5-2.1%
Others7.35.86.911.416.0%
Total85.153.481.012513.7%

Top Suppliers of Metal Self-Locking Nut to Indonesia in 2022:

  1. China (10.8K tons)
  2. Japan (7.1K tons)
  3. Taiwan (Chinese) (1.8K tons)
  4. Thailand (1.1K tons)
  5. Malaysia (0.5K tons)
  6. South Korea (0.5K tons)

Metal Self-Locking Nut Exports in Indonesia

In 2022, the amount of iron or steel nuts (including self-locking nuts) exported from Indonesia fell to 2.3K tons, waning by -7.1% on 2021 figures. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of 2.4K tons, and then contracted in the following year.

In value terms, metal self-locking nut exports expanded markedly to $21M in 2022. The total export value increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Metal Self-Locking Nut in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand5.54.75.45.71.2%
Japan3.72.74.44.67.5%
Brazil1.61.41.81.95.9%
Vietnam1.51.41.81.98.2%
Malaysia0.40.40.80.931.0%
India0.90.50.80.8-3.9%
South Africa0.30.30.70.732.6%
China0.40.4N/A0.3-9.1%
Others1.73.33.74.134.1%
Total16.015.119.320.99.3%

Top Export Markets for Metal Self-Locking Nut from Indonesia in 2022:

  1. Thailand (705.8 tons)
  2. Japan (412.9 tons)
  3. South Africa (260.1 tons)
  4. Vietnam (156.2 tons)
  5. Malaysia (145.1 tons)
  6. India (141.2 tons)
  7. Brazil (126.8 tons)
  8. China (32.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal self-locking nut 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 25941187 - Iron or steel nuts (including self-locking nuts) (excluding of stainless steel, turned from bars, rods, profiles, or wire, of solid section, of a hole diameter . 6 mm)

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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