Indonesia - Solar Cells and Light-Emitting Diodes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Solar Cells and Light-Emitting Diodes in Indonesia - 2022
Contents:
- Price for Solar Cells and Light-Emitting Diodes in Indonesia (CIF) - 2022
- Price for Solar Cells and Light-Emitting Diodes in Indonesia (FOB) - 2022
- Imports of Solar Cells and Light-Emitting Diodes in Indonesia
- Exports of Solar Cells and Light-Emitting Diodes in Indonesia
Price for Solar Cells and Light-Emitting Diodes in Indonesia (CIF) - 2022
The average import price for solar cells and light-emitting diodes stood at $206 per thousand units in March 2022, surging by 4.8% against the previous month. Overall, the import price, however, saw a slight downturn. The pace of growth was the most pronounced in November 2021 when the average import price increased by 63% against the previous month. The import price peaked at $243 per thousand units in March 2021; however, from April 2021 to March 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2021 to March 2022, the rate of growth in terms of prices for China amounted to +0.9% per month.
Price for Solar Cells and Light-Emitting Diodes in Indonesia (FOB) - 2022
In 2022, the average export price for solar cells and light-emitting diodes amounted to $102 per unit, jumping by 96% against the previous year. In general, the export price recorded a resilient increase. The growth pace was the most rapid in 2018 an increase of 186%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($1,447 per unit), while the average price for exports to Germany ($29 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 the Philippines (+43.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Solar Cells and Light-Emitting Diodes in Indonesia
Solar cells and light-emitting diodes imports into Indonesia surged to 14M units in 2022, rising by 36% compared with 2021. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, solar cells and light-emitting diodes imports surged to $152M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Solar Cells and Light-Emitting Diodes in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 49.2 | 52.1 | 75.3 | 83.5 | 19.3% |
| Singapore | 21.5 | 18.2 | 7.8 | 11.4 | -19.1% |
| Vietnam | 7.5 | 0.1 | 0.9 | 2.0 | -35.6% |
| Others | 64.2 | 50.8 | 47.8 | 55.6 | -4.7% |
| Total | 142 | 121 | 132 | 152 | 2.3% |
Top Suppliers of Solar Cells and Light-Emitting Diodes to Indonesia in 2022:
- China (12.7M units)
- Singapore (0.3M units)
- Vietnam (0.2M units)
Exports of Solar Cells and Light-Emitting Diodes in Indonesia
For the fourth consecutive year, Indonesia recorded growth in shipments abroad of solar cells and light-emitting diodes, which increased by 11% to 1.2M units in 2022. The total export volume increased at an average annual rate of +11.8% over the period 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 2020 when exports increased by 25%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, solar cells and light-emitting diodes exports soared to $122M in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Solar Cells and Light-Emitting Diodes in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.5 | 11.1 | 20.1 | 41.2 | 57.7% |
| Singapore | 18.3 | 24.5 | 14.0 | 31.9 | 20.4% |
| Netherlands | 4.7 | 4.8 | 5.4 | 11.2 | 33.6% |
| Others | 17.9 | 20.5 | 16.8 | 37.8 | 28.3% |
| Total | 51.5 | 61.0 | 56.2 | 122 | 33.3% |
Top Export Markets for Solar Cells and Light-Emitting Diodes from Indonesia in 2022:
- United States (1071.8K units)
- Singapore (23.9K units)
- Netherlands (23.0K units)
This report provides an in-depth analysis of the market for solar cells and light-emitting diodes 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 26112220 - Semiconductor light emitting diodes (LEDs)
- Prodcom 26112240 - Photosensitive semiconductor devices, solar cells, photodiodes, p hoto-transistors, etc.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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