Price for Tractors; (Other than Tractors of Heading No 8709) in Indonesia - 2022
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Indonesia (CIF) - 2022
- Price for Tractors; (Other than Tractors of Heading No 8709) in Indonesia (FOB) - 2022
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Indonesia
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Indonesia
Price for Tractors; (Other than Tractors of Heading No 8709) in Indonesia (CIF) - 2022
The average import price for tractors; (other than tractors of heading no 8709)s stood at $16,149 per unit in March 2022, which is down by -10.5% against the previous month. Over the period under review, the import price faced a abrupt downturn. As a result, import price reached the peak level of $18,046 per unit, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Malaysia ($54,696 per unit), while the price for South Korea ($9,592 per unit) was amongst the lowest.
From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1,395.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Indonesia (FOB) - 2022
The average export price for tractors; (other than tractors of heading no 8709)s stood at $15,171 per unit in March 2022, which is down by -12.1% against the previous month. In general, the export price showed a abrupt contraction. As a result, the export price reached the peak level of $17,254 per unit, and then fell in the following month.
There were significant differences in the average prices for the major overseas markets. In March 2022, the country with the highest price was Belgium ($23,554 per unit), while the average price for exports to New Zealand ($12,023 per unit) was amongst the lowest.
From February 2022 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+57.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Indonesia
Imports of tractors; (other than tractors of heading no 8709)s into Indonesia surged to 6.5K units in 2022, picking up by 19% compared with the year before. Overall, imports showed a notable increase. The growth pace was the most rapid in 2021 when imports increased by 107% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of tractors; (other than tractors of heading no 8709)s surged to $142M in 2022. Over the period under review, imports showed a measured increase. The most prominent rate of growth was recorded in 2021 when imports increased by 130% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.3 | 16.7 | 36.8 | 53.6 | 26.8% |
| India | 28.8 | 5.4 | 10.9 | 17.0 | -16.1% |
| Sweden | 20.6 | 4.9 | 26.0 | 13.6 | -12.9% |
| Thailand | 8.8 | 5.5 | 11.6 | 12.9 | 13.6% |
| South Korea | 4.8 | 2.4 | 4.3 | 7.4 | 15.5% |
| Japan | 6.1 | 1.1 | 4.1 | 6.4 | 1.6% |
| Italy | 3.2 | 2.0 | 2.8 | 4.0 | 7.7% |
| Others | 30.1 | 9.5 | 12.7 | 26.9 | -3.7% |
| Total | 129 | 47.6 | 109 | 142 | 3.3% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Indonesia in 2022:
- China (1980.0 units)
- India (1394.0 units)
- Thailand (1249.0 units)
- South Korea (465.0 units)
- Italy (346.0 units)
- Japan (228.0 units)
- Sweden (200.0 units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Indonesia
In 2022, exports of tractors; (other than tractors of heading no 8709)s from Indonesia soared to 14K units, rising by 51% against the year before. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 81% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of tractors; (other than tractors of heading no 8709)s soared to $142M in 2022. Over the period under review, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 92%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 64.3 | 53.0 | 94.9 | 106 | 18.1% |
| France | 6.9 | 1.8 | 5.5 | 9.6 | 11.6% |
| Thailand | 3.9 | 1.8 | 7.4 | 6.2 | 16.7% |
| Germany | 1.2 | 0.8 | 1.7 | 4.1 | 50.6% |
| Cambodia | 0.5 | N/A | 0.8 | 3.0 | 81.7% |
| Belgium | 0.9 | 0.5 | 2.3 | 2.9 | 47.7% |
| Others | 6.6 | 4.2 | 6.7 | 10.2 | 15.6% |
| Total | 84.4 | 62.0 | 119 | 142 | 18.9% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Indonesia in 2022:
- United States (10.8K units)
- France (0.8K units)
- Thailand (0.4K units)
- Cambodia (0.3K units)
- Germany (0.3K units)
- Belgium (0.3K units)
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