Indonesia - Iron Or Steel Stranded Wire, Ropes And Cables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSteel Stranded Wire Price in Indonesia - 2022
Contents:
- Steel Stranded Wire Price in Indonesia (FOB) - 2022
- Steel Stranded Wire Price in Indonesia (CIF) - 2022
- Steel Stranded Wire Exports in Indonesia
- Steel Stranded Wire Imports in Indonesia
Steel Stranded Wire Price in Indonesia (FOB) - 2022
In March 2022, the average steel stranded wire export price amounted to $1,991 per ton, rising by 3.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in October 2021 an increase of 11% m-o-m. The export price peaked at $2,021 per ton in November 2021; afterwards, it flattened through to March 2022.
Average prices varied somewhat for the major foreign markets. In March 2022, the countries with the highest prices were Vietnam ($2,560 per ton) and Thailand ($2,173 per ton), while the average price for exports to Mexico ($1,821 per ton) and India ($1,911 per ton) 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 Mexico (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Steel Stranded Wire Price in Indonesia (CIF) - 2022
The average steel stranded wire import price stood at $2,526 per ton in 2022, with an increase of 22% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $2,676 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($4,498 per ton), while the price for Malaysia ($1,854 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Stranded Wire Exports in Indonesia
Steel stranded wire exports from Indonesia declined to 68K tons in 2022, almost unchanged from 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of 69K tons, leveling off in the following year.
In value terms, steel stranded wire exports soared to $139M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.2% 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 +59.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Steel Stranded Wire in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.3 | 15.8 | 28.2 | 52.9 | 31.4% |
| Thailand | 30.4 | 23.5 | 21.5 | 20.8 | -11.9% |
| Japan | 19.3 | 13.1 | 15.9 | 14.5 | -9.1% |
| Mexico | 4.5 | 3.4 | 12.3 | 12.1 | 39.1% |
| Malaysia | 6.5 | 4.9 | 8.5 | 6.9 | 2.0% |
| India | 6.1 | 5.9 | 9.2 | 6.2 | 0.5% |
| Vietnam | 5.6 | 5.7 | 5.9 | 4.8 | -5.0% |
| Others | 13.5 | 14.5 | 16.0 | 20.3 | 14.6% |
| Total | 109 | 86.7 | 117 | 139 | 8.4% |
Top Export Markets for Steel Stranded Wire from Indonesia in 2022:
- United States (20.1K tons)
- Thailand (13.7K tons)
- Mexico (8.8K tons)
- Japan (7.6K tons)
- Malaysia (4.1K tons)
- India (3.2K tons)
- Vietnam (3.0K tons)
Steel Stranded Wire Imports in Indonesia
Steel stranded wire imports into Indonesia skyrocketed to 51K tons in 2022, jumping by 22% against the previous year. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, steel stranded wire imports soared to $128M in 2022. In general, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel Stranded Wire in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.0 | 28.3 | 39.7 | 54.7 | 19.6% |
| Singapore | 2.7 | 4.1 | 2.7 | 18.7 | 90.6% |
| Thailand | 9.3 | 7.8 | 11.5 | 14.6 | 16.2% |
| Australia | 6.6 | 5.9 | 9.3 | 10.0 | 14.9% |
| Malaysia | 7.8 | 5.8 | 5.6 | 8.3 | 2.1% |
| Vietnam | 6.0 | 4.1 | 5.9 | 7.5 | 7.7% |
| South Korea | 3.4 | 2.2 | 2.9 | 3.6 | 1.9% |
| Others | 9.9 | 6.7 | 8.6 | 10.7 | 2.6% |
| Total | 77.8 | 64.9 | 86.2 | 128 | 18.1% |
Top Suppliers of Steel Stranded Wire to Indonesia in 2022:
- China (27.2K tons)
- Thailand (6.4K tons)
- Singapore (4.6K tons)
- Malaysia (4.5K tons)
- Vietnam (2.9K tons)
- Australia (2.2K tons)
- South Korea (0.9K tons)
This report provides an in-depth analysis of the steel stranded wire 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 25931130 - Iron or steel stranded wire, ropes and cables (including stranded wires and wire ropes with or without attached fittings not electrically insulated) (excluding electrically insulated)
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
-
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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This report provides an in-depth analysis of the steel stranded wire market in Indonesia.
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This report provides an in-depth analysis of the stranded wire market in Indonesia.
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This report provides an in-depth analysis of the steel plaited band market in Indonesia.
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This report provides an in-depth analysis of the global steel stranded wire market.
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Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
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Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
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Explore the top import markets for stranded wire, including the United States, Germany, Canada, and more. Find out key statistics and market insights using the IndexBox market intelligence platform.
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Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
947
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
