Indonesia - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Indonesia - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights

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Smoothing Iron Price in Indonesia - 2022

Contents:

  1. Smoothing Iron Price in Indonesia (FOB) - 2022
  2. Smoothing Iron Price in Indonesia (CIF) - 2022
  3. Smoothing Iron Exports in Indonesia
  4. Smoothing Iron Imports in Indonesia

Smoothing Iron Price in Indonesia (FOB) - 2022

In March 2022, the average smoothing iron export price amounted to $39.3 per unit, stabilizing at the previous month. In general, the export price saw a resilient expansion. The most prominent rate of growth was recorded in February 2022 an increase of 142% against the previous month. The export price peaked in March 2022.

Average prices varied noticeably for the major overseas markets. In March 2022, the countries with the highest prices were the United Arab Emirates ($39.3 per unit) and Australia ($39.3 per unit), while the average price for exports to Hungary ($39.3 per unit) and France ($39.3 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 the United Arab Emirates (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Smoothing Iron Price in Indonesia (CIF) - 2022

In March 2022, the average smoothing iron import price amounted to $28.9 per unit, leveling off at the previous month. Over the period under review, the import price, however, saw a moderate expansion. The pace of growth was the most pronounced in February 2022 an increase of 80% against the previous month. As a result, import price reached the peak level of $28.9 per unit, leveling off in the following month.

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 +4.9% per month.

Smoothing Iron Exports in Indonesia

In 2022, the amount of electric smoothing irons exported from Indonesia fell remarkably to 1.7M units, with a decrease of -46.7% compared with the year before. Over the period under review, exports saw a precipitous decline. The smallest decline of -3.7% was in 2021. The exports peaked at 3.8M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, smoothing iron exports fell to $116M in 2022. In general, exports continue to indicate a pronounced descent. The growth pace was the most rapid in 2021 when exports increased by 9.8%. The exports peaked at $131M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Smoothing Iron in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands16.017.722.514.5-3.2%
Hungary8.19.813.011.211.4%
Russia6.06.010.010.319.7%
France12.410.310.19.9-7.2%
United Arab Emirates4.76.37.77.918.9%
Singapore1.71.11.34.336.3%
Turkey1.21.31.03.745.5%
Malaysia2.42.11.92.51.4%
Australia1.31.31.32.320.9%
Thailand2.21.91.52.20.0%
Czech RepublicN/AN/A0.11.71600.0%
Austria1.11.21.21.48.4%
Others74.052.851.044.1-15.8%
Total131112123116-4.0%

Top Export Markets for Smoothing Iron from Indonesia in 2022:

  1. Netherlands (269.1K units)
  2. Hungary (157.1K units)
  3. United Arab Emirates (144.6K units)
  4. Russia (131.4K units)
  5. France (122.2K units)
  6. Turkey (86.8K units)
  7. Singapore (54.2K units)
  8. Australia (53.1K units)
  9. Czech Republic (38.8K units)
  10. Malaysia (34.4K units)
  11. Thailand (30.3K units)
  12. Austria (25.9K units)

Smoothing Iron Imports in Indonesia

In 2022, imports of electric smoothing irons into Indonesia fell to 761K units, waning by -5% on 2021. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of 801K units, and then contracted in the following year.

In value terms, smoothing iron imports surged to $35M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Smoothing Iron in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.811.521.732.927.7%
Malaysia0.70.40.60.98.7%
Hungary0.20.20.30.535.7%
Others0.70.60.61.219.7%
Total17.412.723.135.426.7%

Top Suppliers of Smoothing Iron to Indonesia in 2022:

  1. China (702.2K units)
  2. Malaysia (20.0K units)
  3. Hungary (12.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the smoothing iron market 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 27512370 - Electric smoothing irons

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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