Indonesia - Radio Receivers For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Indonesia - Radio Receivers For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights

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Vehicle Radio Price in Indonesia - 2022

Contents:

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

Vehicle Radio Price in Indonesia (FOB) - 2022

The average vehicle radio export price stood at $167 per unit in March 2022, standing approximately at the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2021 when the average export price increased by 7.2% m-o-m. As a result, the export price reached the peak level of $179 per unit. From June 2021 to March 2022, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In March 2022, the countries with the highest prices were Australia ($167 per unit) and the United States ($167 per unit), while the average price for exports to Singapore ($167 per unit) and Belgium ($167 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 Russia (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vehicle Radio Price in Indonesia (CIF) - 2022

In March 2022, the average vehicle radio import price amounted to $118 per unit, therefore, remained relatively stable against the previous month. In general, the import price, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in April 2021 an increase of 135% m-o-m. The import price peaked at $249 per unit in May 2021; however, from June 2021 to March 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was China ($118 per unit), while the price for India ($118 per unit) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Vehicle Radio Exports in Indonesia

In 2022, overseas shipments of radio receivers for motor vehicles decreased by -51.2% to 70K units, falling for the second consecutive year after two years of growth. Overall, exports faced a dramatic decrease. The growth pace was the most rapid in 2020 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 190K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, vehicle radio exports contracted to $23M in 2022. Over the period under review, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 9.2%. As a result, the exports attained the peak of $31M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Vehicle Radio in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.18.65.86.2-12.0%
Belgium7.09.27.26.1-4.5%
Singapore1.42.43.22.622.9%
Russia3.02.62.42.1-11.2%
Australia1.02.01.31.26.3%
Panama1.01.90.91.00.0%
Malaysia2.20.20.20.7-31.7%
Spain1.10.90.50.7-14.0%
Thailand1.00.50.60.5-20.6%
Others1.52.51.91.62.2%
Total28.330.924.122.5-7.4%

Top Export Markets for Vehicle Radio from Indonesia in 2022:

  1. United States (19.2K units)
  2. Belgium (19.1K units)
  3. Singapore (7.9K units)
  4. Russia (6.6K units)
  5. Australia (3.6K units)
  6. Panama (3.1K units)
  7. Malaysia (2.1K units)
  8. Spain (2.1K units)
  9. Thailand (1.7K units)

Vehicle Radio Imports in Indonesia

Vehicle radio imports into Indonesia skyrocketed to 135K units in 2022, picking up by 16% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Imports peaked at 205K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, vehicle radio imports surged to $27M in 2022. Overall, imports posted noticeable growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vehicle Radio in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand22.28.79.620.9-2.0%
China1.20.33.55.667.1%
India0.30.50.40.626.0%
Others0.30.10.10.30.0%
Total24.09.613.727.44.5%

Top Suppliers of Vehicle Radio to Indonesia in 2022:

  1. Thailand (102.6K units)
  2. China (27.6K units)
  3. India (3.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vehicle radio 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 26401290 - Radio receivers for motor vehicles, n.e.c.

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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