Indonesia - Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Steel and Iron Articles in Indonesia - 2022
Contents:
- Price for Steel and Iron Articles in Indonesia (CIF) - 2022
- Price for Steel and Iron Articles in Indonesia (FOB) - 2022
- Imports of Steel and Iron Articles in Indonesia
- Exports of Steel and Iron Articles in Indonesia
Price for Steel and Iron Articles in Indonesia (CIF) - 2022
The average steel and iron articles import price stood at $4,335 per ton in March 2022, growing by 16% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2021 when the average import price increased by 48% m-o-m. As a result, import price reached the peak level of $5,159 per ton. From June 2021 to March 2022, the average import prices remained 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 the United States ($8,987 per ton), while the price for South Korea ($2,019 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 India (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel and Iron Articles in Indonesia (FOB) - 2022
The average steel and iron articles export price stood at $2,018 per ton in March 2022, waning by -70.9% against the previous month. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in December 2021 an increase of 50% month-to-month. As a result, the export price reached the peak level of $7,124 per ton. From January 2022 to March 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In March 2022, the country with the highest price was Vietnam ($11,562 per ton), while the average price for exports to Malaysia ($714 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 Vietnam (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel and Iron Articles in Indonesia
In 2022, imports of articles of iron or steel into Indonesia skyrocketed to 49K tons, increasing by 19% on the previous year's figure. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, steel and iron articles imports soared to $244M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 +86.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel and Iron Articles in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | N/A | 244 | 0% |
| Thailand | 11.8 | 8.5 | 9.9 | N/A | -8.4% |
| South Korea | 11.4 | 7.9 | 6.5 | N/A | -24.5% |
| Japan | 36.0 | 24.0 | 29.8 | N/A | -9.0% |
| China | 46.4 | 33.9 | 51.6 | N/A | 5.5% |
| India | 16.3 | 1.0 | 2.2 | N/A | -63.3% |
| Singapore | 24.8 | 18.3 | 10.4 | N/A | -35.2% |
| Others | 34.3 | 37.3 | 62.0 | N/A | 34.4% |
| Total | 181 | 131 | 172 | 244 | 10.5% |
Top Suppliers of Steel and Iron Articles to Indonesia in 2022:
- Myanmar (49.0K tons)
Exports of Steel and Iron Articles in Indonesia
Steel and iron articles exports from Indonesia skyrocketed to 20K tons in 2022, with an increase of 42% on 2021. Over the period under review, total exports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +4.6% 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 increased by +44.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, steel and iron articles exports soared to $81M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel and Iron Articles in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 0.1 | 0.1 | N/A | 81.1 | 832.6% |
| Thailand | 6.9 | 8.4 | 13.1 | N/A | 37.8% |
| Japan | 7.8 | 4.7 | 6.2 | N/A | -10.8% |
| China | 1.5 | 1.3 | 2.7 | N/A | 34.2% |
| Timor-Leste | 0.6 | 0.7 | 3.1 | N/A | 127.3% |
| Vietnam | 2.2 | 1.0 | 1.7 | N/A | -12.1% |
| Malaysia | 7.2 | 2.0 | 0.8 | N/A | -66.7% |
| Singapore | 18.8 | 15.3 | 8.0 | N/A | -34.8% |
| Others | 10.6 | 16.2 | 20.0 | N/A | 37.4% |
| Total | 55.9 | 49.7 | 55.6 | 81.1 | 13.2% |
Top Export Markets for Steel and Iron Articles from Indonesia in 2022:
- Myanmar (19.7K tons)
This report provides an in-depth analysis of the market for steel and iron articles 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 25992945 - Articles of iron or steel, n.e.s.
- Prodcom 25992931 - Iron or steel ladders and steps (excluding forged or stamped)
- Prodcom 25992933 - Iron or steel pallets and similar platforms for handling goods
- Prodcom 25992935 - Iron or steel reels for cables, piping and the like
- Prodcom 25992937 - Iron or steel non-mechanical ventilators, guttering, hooks and similar articles used in the building industry (excluding forged or stamped)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
-
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
416
This report provides an in-depth analysis of the market for steel and iron articles in Indonesia.
303
This report provides an in-depth analysis of the metal ladder market in Indonesia.
260
This report provides an in-depth analysis of the metal non-mechanical ventilator market in Indonesia.
291
This report provides an in-depth analysis of the metal pallet market in Indonesia.
244
This report provides an in-depth analysis of the metal reel market in Indonesia.
373
This report provides an in-depth analysis of the market for iron or steel wire product in Indonesia.
257
This report provides an in-depth analysis of the forged metal articles market in Indonesia.
437
This report provides an in-depth analysis of the global market for steel and iron articles.
347
Global Metal Ladder Market Report 2018. This report provides an in-depth analysis of the global metal ladder market.
495
Global Metal Non-Mechanical Ventilator Market Report 2018. This report provides an in-depth analysis of the global metal non-mechanical ventilator market.
Nothing found. Please try again.
