Indonesia: Aluminium Alloy Wire Market 2024

Aluminium Alloy Wire Market Size in Indonesia

The Indonesian aluminium alloy wire market dropped to $X in 2022, reducing by X% against the previous year. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Aluminium alloy wire consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Aluminium Alloy Wire Production in Indonesia

In value terms, aluminium alloy wire production fell to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Aluminium Alloy Wire Exports

Exports from Indonesia

In 2022, shipments abroad of aluminium alloy wire decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium alloy wire exports reduced to $X in 2022. In general, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X tons), Pakistan (X tons) and Malaysia (X tons) were the main destinations of aluminium alloy wire exports from Indonesia, together accounting for X% of total exports. Thailand and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Pakistan ($X) and Malaysia ($X) were the largest markets for aluminium alloy wire exported from Indonesia worldwide, with a combined X% share of total exports. Thailand and China lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aluminium alloy wire export price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Malaysia ($X per ton) and Thailand ($X per ton), while the average price for exports to Vietnam ($X per ton) and China ($X per ton) were amongst the lowest.

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

Aluminium Alloy Wire Imports

Imports into Indonesia

In 2022, overseas purchases of aluminium alloy wire increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium alloy wire imports soared to $X in 2022. In general, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest aluminium alloy wire supplier to Indonesia, accounting for a X% share of total imports. Moreover, aluminium alloy wire imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Malaysia (X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium alloy wire to Indonesia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Malaysia (X% per year).

Import Prices by Country

The average aluminium alloy wire import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, saw a mild contraction. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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