Report Update: May 1, 2024

Indonesia - Taps, Cocks, Valves And Similar Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Tap and Valve Price in Indonesia - 2022

Tap and Valve Price in Indonesia (CIF) - 2022

The average tap and valve import price stood at $13,312 per ton in 2022, increasing by 8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 18% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($46,297 per ton), while the price for Singapore ($5,926 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Tap and Valve Price in Indonesia (FOB) - 2022

In 2022, the average tap and valve export price amounted to $14,541 per ton, surging by 10% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 13%. As a result, the export price attained the peak level of $14,603 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($48,351 per ton), while the average price for exports to Timor-Leste ($5,558 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tap and Valve Imports in Indonesia

In 2022, the amount of taps, cocks, valves and similar appliances imported into Indonesia totaled 83K tons, growing by 14% against the previous year's figure. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat 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, tap and valve imports skyrocketed to $1.1B in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tap and Valve in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Myanmar	N/A	N/A	N/A	900	0%
Japan	117	75.3	112	42.7	-28.5%
Vietnam	11.7	18.9	54.3	41.3	52.3%
China	292	259	307	31.7	-52.3%
Singapore	69.7	103	43.3	22.8	-31.1%
South Korea	28.5	31.5	65.1	6.9	-37.7%
Thailand	43.4	29.0	36.0	3.4	-57.2%
Italy	38.0	47.1	62.7	1.9	-63.2%
Others	204	192	222	56.8	-34.7%
Total	805	756	903	1,107	11.2%

Top Suppliers of Tap and Valve to Indonesia in 2022:

Myanmar (68.8K tons)
Singapore (3.8K tons)
China (3.3K tons)
Japan (2.0K tons)
Vietnam (1.6K tons)
South Korea (0.5K tons)
Thailand (0.3K tons)
Italy (0.1K tons)

Tap and Valve Exports in Indonesia

In 2022, exports of taps, cocks, valves and similar appliances from Indonesia rose rapidly to 9.6K tons, increasing by 9.5% on the year before. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 +44.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, tap and valve exports soared to $140M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.9% 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 +76.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 45% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Tap and Valve in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	29.3	27.3	43.6	67.9	32.3%
Myanmar	N/A	0.6	1.0	34.5	658.3%
Singapore	11.5	11.3	8.9	10.8	-2.1%
Taiwan (Chinese)	3.4	2.2	2.1	6.6	24.7%
Canada	4.1	3.1	3.4	5.2	8.2%
Timor-Leste	0.1	0.1	1.1	3.1	214.1%
Japan	14.0	14.9	13.6	1.9	-48.6%
China	3.3	1.7	1.8	1.4	-24.9%
Thailand	5.3	6.3	4.3	1.0	-42.6%
Poland	1.7	1.0	1.4	N/A	-9.3%
Others	6.4	11.1	34.5	7.4	5.0%
Total	79.1	79.6	116	140	21.0%

Top Export Markets for Tap and Valve from Indonesia in 2022:

United States (4651.8 tons)
Myanmar (1940.5 tons)
Taiwan (Chinese) (889.3 tons)
Singapore (641.6 tons)
Timor-Leste (559.4 tons)
Canada (408.1 tons)
China (91.7 tons)
Japan (40.2 tons)
Thailand (21.6 tons)
Poland (1.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tap and valve 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 28121420 - Pneumatic filters, regulators and lubricators
Prodcom 28121450 - Valves for the control of oleohydraulic power transmission for pipes, boiler shells, tanks, vats and the like
Prodcom 28121480 - Valves for the control of pneumatic power transmission for pipes, boiler shells, tanks, vats and the like
Prodcom 28141120 - Pressure-reducing valves of cast iron or steel, for pipes, b oiler shells, tanks, vats and the like (excluding those combined with lubricators or filters)
Prodcom 28141140 - Pressure-reducing valves for pipes, boiler shells, tanks, vats and the like (excluding of cast iron or steel, those combined with filters or lubricators)
Prodcom 28141160 - Check valves for pipes, boiler shells, tanks, vats and the like
Prodcom 28141170 - Valves for pneumatic tyres and inner-tubes
Prodcom 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like
Prodcom 28141233 - Mixing valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check valves, s afety/relief valves
Prodcom 28141235 - Taps, cocks and valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressurereducing/ oleohydraulic transmissions, check, safety, relief and mixing valves
Prodcom 28141253 - Central heating radiator thermostatic valves
Prodcom 28141255 - Central heating radiator valves, other
Prodcom 28141313 - Other process control valves, temperature regulators
Prodcom 28141315 - Process control valves for pipes, boiler shells, tanks etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check, s afety/relief valves, temp. regulators
Prodcom 28141333 - Other gate valves, of cast iron
Prodcom 28141335 - Other gate valves, of steel
Prodcom 28141337 - Other gate valves, other
Prodcom 28141353 - Globe valves, of cast iron
Prodcom 28141355 - Globe valves, of steel
Prodcom 28141357 - Other globe valves
Prodcom 28141373 - Ball and plug valves
Prodcom 28141375 - Butterfly valves
Prodcom 28141377 - Diaphragm valves
Prodcom 28141380 - Other appliances

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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