Report Update: Apr 1, 2024

Indonesia - Grinding And Sharpening Metal Finishing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Price for Grinding and Sharpening Machine in Indonesia - 2022

Price for Grinding and Sharpening Machine in Indonesia (CIF) - 2022

In 2022, the average grinding and sharpening machine import price amounted to $5,915 per unit, rising by 12% against the previous year. Overall, the import price, however, saw a slight downturn. The most prominent rate of growth was recorded in 2020 an increase of 95% against the previous year. Over the period under review, average import prices hit record highs at $7,933 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($24,943 per unit), while the price for the United States ($196 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Grinding and Sharpening Machine in Indonesia (FOB) - 2022

The average grinding and sharpening machine export price stood at $1,105 per unit in 2022, which is down by -20.2% against the previous year. In general, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 126%. Over the period under review, the average export prices reached the peak figure at $9,677 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($4,912 per unit), while the average price for exports to Vietnam ($580 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.3%), while the prices for the other major destinations experienced a decline.

Imports of Grinding and Sharpening Machine in Indonesia

Grinding and sharpening machine imports into Indonesia surged to 11K units in 2022, growing by 42% against the previous year. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, grinding and sharpening machine imports soared to $66M in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 118% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Grinding and Sharpening Machine in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	10.3	9.0	32.5	55.7	75.5%
China	3.7	2.3	2.5	2.6	-11.1%
Taiwan (Chinese)	1.6	1.5	1.2	1.6	0.0%
Singapore	0.2	0.1	0.6	1.0	71.0%
Australia	0.2	1.4	1.3	0.9	65.1%
Germany	0.2	0.4	0.3	0.6	44.2%
United States	N/A	0.1	0.1	0.1	0.0%
Others	4.3	4.2	3.2	3.5	-6.6%
Total	20.5	19.1	41.7	66.1	47.7%

Top Suppliers of Grinding and Sharpening Machine to Indonesia in 2022:

Germany (undefinedK units)
Japan (2.2K units)
China (1.6K units)
Singapore (0.8K units)
United States (0.4K units)
Australia (0.1K units)
Taiwan (Chinese) (0.1K units)

Exports of Grinding and Sharpening Machine in Indonesia

In 2022, approx. 1.3K units of grinding and sharpening metal finishing machines were exported from Indonesia; surging by 31% on 2021 figures. In general, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 464%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, grinding and sharpening machine exports totaled $1.4M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.9% 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 decreased by -4.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 71% against the previous year. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Grinding and Sharpening Machine in Indonesia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	7.3	83.2	931	952	407.1%
China	4.5	984	44.5	57.2	133.4%
Saudi Arabia	264	0.1	N/A	N/A	-100.0%
Others	582	403	367	397	-12.0%
Total	858	1,470	1,343	1,407	17.9%

Top Export Markets for Grinding and Sharpening Machine from Indonesia in 2022:

Thailand (1149.0 units)
China (47.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for grinding and sharpening machine 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 28412305 - Numerically controlled flat-surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412315 - Numerically controlled cylindrical surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412325 - Other numerically controlled grinding machines in which the positioning in any one axis can be set up to accuracy > 0,01 mm
Prodcom 28412335 - Non-numerically controlled flat-surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412345 - Non-numerically controlled cylindrical surface grinding machines for working metal, in which the positioning in any one axis can be set up to a minimum accuracy of 0,01 mm
Prodcom 28412355 - Grinding machines for working metal, any one axis can be set to an accuracy . 0,01 mm excluding flat-surface grinding machines, cylindrical surface grinding machines
Prodcom 28412365 - Numerically controlled sharpening (tool or cutter grinding) m achines for working metal
Prodcom 28412375 - Non-numerically controlled sharpening (tool or cutter grinding) machines for working metal

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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