Price for Non-Furniture Refrigerating or Freezing Equipment in Indonesia - 2022
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in Indonesia (CIF) - 2022
- Price for Non-Furniture Refrigerating or Freezing Equipment in Indonesia (FOB) - 2022
- Imports of Non-Furniture Refrigerating or Freezing Equipment in Indonesia
- Exports of Non-Furniture Refrigerating or Freezing Equipment in Indonesia
Price for Non-Furniture Refrigerating or Freezing Equipment in Indonesia (CIF) - 2022
The average import price for non-furniture refrigerating or freezing equipment stood at $109 per unit in March 2022, increasing by 3.7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 30% m-o-m. The import price peaked at $109 per unit in June 2021; however, from July 2021 to March 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Italy ($305 per unit), while the price for China ($87.7 per unit) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.6%), while the prices for the other major suppliers experienced a decline.
Price for Non-Furniture Refrigerating or Freezing Equipment in Indonesia (FOB) - 2022
The average export price for non-furniture refrigerating or freezing equipment stood at $228 per unit in March 2022, growing by 41% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2021 an increase of 93% m-o-m. As a result, the export price attained the peak level of $258 per unit. From July 2021 to March 2022, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In March 2022, the countries with the highest prices were India ($244 per unit) and South Korea ($233 per unit), while the average price for exports to the United Arab Emirates ($165 per unit) and Bangladesh ($184 per unit) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Furniture Refrigerating or Freezing Equipment in Indonesia
Non-furniture refrigerating or freezing equipment imports into Indonesia skyrocketed to 1.2M units in 2022, picking up by 22% compared with the previous year. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-furniture refrigerating or freezing equipment imports soared to $123M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Non-Furniture Refrigerating or Freezing Equipment in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 76.0 | 72.4 | 73.8 | 97.8 | 8.8% |
Thailand | 7.6 | 7.1 | 8.5 | 5.6 | -9.7% |
Malaysia | 3.4 | 4.7 | 3.4 | 3.4 | 0.0% |
United States | 8.5 | 8.8 | 1.0 | 1.9 | -39.3% |
Others | 14.0 | 14.7 | 8.7 | 14.4 | 0.9% |
Total | 109 | 108 | 95.4 | 123 | 4.1% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Indonesia in 2022:
- China (1036.8K units)
- Thailand (102.2K units)
- Malaysia (22.5K units)
- United States (5.2K units)
Exports of Non-Furniture Refrigerating or Freezing Equipment in Indonesia
Non-furniture refrigerating or freezing equipment exports from Indonesia skyrocketed to 70K units in 2022, picking up by 37% against 2021 figures. Overall, exports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. Over the period under review, the exports attained the peak figure at 98K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-furniture refrigerating or freezing equipment exports rose sharply to $12M in 2022. In general, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 68%. The exports peaked at $17M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Non-Furniture Refrigerating or Freezing Equipment in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 0.3 | 0.3 | 0.8 | 4.1 | 139.1% |
South Korea | N/A | 0.8 | 5.2 | 3.8 | 117.9% |
India | 2.6 | 1.9 | 2.0 | 1.3 | -20.6% |
Netherlands | 0.5 | 0.3 | 0.5 | 0.6 | 6.3% |
Singapore | 10.8 | 0.2 | 0.2 | 0.3 | -69.7% |
Oman | 0.3 | 0.2 | N/A | 0.3 | 0.0% |
Philippines | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
United States | N/A | N/A | N/A | 0.3 | 0% |
Vietnam | 0.2 | 0.4 | N/A | 0.2 | 0.0% |
Saudi Arabia | 0.7 | 0.7 | 0.7 | 0.1 | -47.7% |
Others | 1.1 | 1.4 | 1.2 | 0.7 | -14.0% |
Total | 16.9 | 6.4 | 10.8 | 12.1 | -10.5% |
Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Indonesia in 2022:
- Japan (28.0K units)
- South Korea (16.8K units)
- India (8.6K units)
- Netherlands (3.1K units)
- Philippines (3.1K units)
- Oman (1.7K units)
- Singapore (1.5K units)
- United States (1.3K units)
- Vietnam (1.2K units)
- Saudi Arabia (0.6K units)
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