Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Indonesia - 2022
Contents:
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Indonesia (CIF) - 2022
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Indonesia (FOB) - 2022
- Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Indonesia
- Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Indonesia
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Indonesia (CIF) - 2022
In March 2022, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $8,712 per ton, dropping by -13.8% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2021 when the average import price increased by 36% month-to-month. As a result, import price reached the peak level of $11,978 per ton. From January 2022 to March 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($37,945 per ton), while the price for South Korea ($2,862 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 Thailand (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Indonesia (FOB) - 2022
In March 2022, the average export price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $12,828 per ton, picking up by 18% against the previous month. In general, the export price, however, showed a slight decline. The growth pace was the most rapid in October 2021 when the average export price increased by 97% m-o-m. Over the period under review, the average export prices hit record highs at $16,915 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 Hong Kong SAR ($39,734 per ton), while the average price for exports to Vietnam ($9,576 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 India (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Indonesia
In 2022, imports of footwear; parts, outer soles and heels, of rubber or plasticses into Indonesia surged to 16K tons, growing by 19% compared with the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses skyrocketed to $151M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.9 | 28.5 | 41.0 | 50.7 | 16.7% |
| Vietnam | 27.7 | 20.7 | 20.8 | 41.7 | 14.6% |
| United States | 20.6 | 19.5 | 34.3 | 30.3 | 13.7% |
| South Korea | 7.6 | 6.5 | 13.4 | 16.1 | 28.4% |
| Thailand | 2.2 | 1.6 | 5.1 | 6.8 | 45.7% |
| Others | 9.5 | 6.3 | 8.2 | 5.9 | -14.7% |
| Total | 99.5 | 83.2 | 123 | 151 | 14.9% |
Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Indonesia in 2022:
- China (5.5K tons)
- South Korea (5.2K tons)
- Vietnam (2.9K tons)
- United States (0.8K tons)
- Thailand (0.6K tons)
Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Indonesia
After two years of decline, overseas shipments of footwear; parts, outer soles and heels, of rubber or plasticses increased by 43% to 689 tons in 2022. In general, exports, however, recorded a abrupt setback.
In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses soared to $9.1M in 2022. Overall, exports, however, saw a deep setback.
| Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 5.8 | 3.1 | 2.2 | 4.0 | -11.6% |
| Argentina | 4.2 | 1.7 | 2.2 | 3.3 | -7.7% |
| Japan | N/A | 0.2 | 0.2 | 0.5 | 58.1% |
| Hong Kong SAR | 0.6 | 3.1 | 1.2 | 0.3 | -20.6% |
| China | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Cambodia | 0.8 | 0.1 | 0.1 | N/A | -64.6% |
| Myanmar | 0.6 | 0.4 | 0.1 | N/A | -59.2% |
| Italy | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Others | 0.7 | 0.5 | 0.4 | 0.7 | 0.0% |
| Total | 12.9 | 9.1 | 6.7 | 9.1 | -11.0% |
Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Indonesia in 2022:
- Vietnam (297.0 tons)
- Argentina (291.1 tons)
- China (29.9 tons)
- Japan (14.6 tons)
- Hong Kong SAR (12.5 tons)
- Cambodia (3.3 tons)
- Myanmar (3.1 tons)
- Italy (0.8 tons)
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