Price for Navigational Instruments and Appliances; Parts and Accessories in Indonesia - 2022

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Indonesia (CIF) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in Indonesia (FOB) - 2022
  3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Indonesia
  4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Indonesia

Price for Navigational Instruments and Appliances; Parts and Accessories in Indonesia (CIF) - 2022

In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $753,563 per ton, declining by -43% against the previous year. Overall, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2019 an increase of 61% against the previous year. Over the period under review, average import prices attained the peak figure at $1,968,909 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($16,786,000 per ton), while the price for Australia ($237,598 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Navigational Instruments and Appliances; Parts and Accessories in Indonesia (FOB) - 2022

The average export price for navigational instruments and appliances; parts and accessorieses stood at $152,426 per ton in 2022, jumping by 95% against the previous year. Overall, the export price continues to indicate temperate growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 106%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($83,750 per ton), while the average price for exports to Malaysia ($54,593 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 Malaysia (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Indonesia

In 2022, imports of navigational instruments and appliances; parts and accessorieses into Indonesia shrank significantly to 2.8 tons, declining by -55.7% on the year before. Overall, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 20%.

In value terms, imports of navigational instruments and appliances; parts and accessorieses declined dramatically to $2.1M in 2022. In general, imports showed a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year.

Import of Navigational Instruments and Appliances; Parts and Accessories in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore6,2222,2535,7611,182-42.5%
Canada254492N/A2631.2%
Netherlands2,0791,058139190-55.0%
United States9331,702807172-43.1%
Australia32011142.570.3-39.7%
MalaysiaN/A35.930347.515.0%
Japan14911013034.6-38.5%
Taiwan (Chinese)18699.411424.9-48.8%
Others8554871,003113-49.1%
Total10,9996,3498,2992,097-42.4%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Indonesia in 2022:

  1. Singapore (1839.0 kg)
  2. Australia (296.0 kg)
  3. Canada (255.0 kg)
  4. Netherlands (113.0 kg)
  5. Taiwan (Chinese) (79.0 kg)
  6. Malaysia (46.0 kg)
  7. Japan (41.0 kg)
  8. United States (26.0 kg)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Indonesia

Exports of navigational instruments and appliances; parts and accessorieses from Indonesia surged to 549 kg in 2022, rising by 54% against the year before. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,388% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of navigational instruments and appliances; parts and accessorieses skyrocketed to $84K in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 774% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Navigational Instruments and Appliances; Parts and Accessories in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore13.40.113.230.331.3%
MalaysiaN/AN/A3.86.468.4%
Sweden3.33.11.50.7-40.4%
United States0.2N/AN/A0.644.2%
BelgiumN/AN/A8.3N/A0%
Others1.4N/A1.145.7219.6%
Total18.33.227.983.766.0%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Indonesia in 2022:

  1. Singapore (397.0 kg)
  2. Malaysia (118.0 kg)
  3. United States (10.0 kg)
  4. Sweden (8.0 kg)

Source: IndexBox Market Intelligence Platform

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