Indonesia: Aluminium And Titanium Market 2024

Aluminium And Titanium Market Size in Indonesia

In 2022, the Indonesian aluminium and titanium market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption saw a mild reduction. Aluminium and titanium consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Aluminium And Titanium Production in Indonesia

In value terms, aluminium and titanium production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production saw a slight descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Aluminium And Titanium Exports

Exports from Indonesia

Aluminium and titanium exports from Indonesia amounted to X tons in 2022, rising by X% against the year before. Over the period under review, exports, however, recorded a mild shrinkage. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, aluminium and titanium exports surged to $X in 2022. In general, exports saw a modest expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

China (X tons), the Netherlands (X tons) and Vietnam (X tons) were the main destinations of aluminium and titanium exports from Indonesia, together accounting for X% of total exports.

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

In value terms, the largest markets for aluminium and titanium exported from Indonesia were China ($X), the Netherlands ($X) and Vietnam ($X), with a combined X% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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 and titanium export price amounted to $X per ton, growing by X% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price 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, aluminium and titanium export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Malaysia ($X per ton) and South Korea ($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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium And Titanium Imports

Imports into Indonesia

Aluminium and titanium imports into Indonesia contracted to X tons in 2022, reducing by X% compared with 2021 figures. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, aluminium and titanium imports expanded slightly to $X in 2022. Overall, imports saw a noticeable descent. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), Australia (X tons) and Malaysia (X tons) were the main suppliers of aluminium and titanium imports to Indonesia, together comprising X% of total imports. India, Russia, Qatar, South Korea, South Africa, Spain, Nigeria, Taiwan (Chinese), Bahrain and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium and titanium suppliers to Indonesia were the United Arab Emirates ($X), Australia ($X) and Malaysia ($X), with a combined X% share of total imports. India, Russia, Qatar, South Korea, South Africa, Spain, Bahrain, Taiwan (Chinese), Nigeria and Switzerland lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Switzerland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium and titanium import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($X per ton) and Bahrain ($X per ton), while the price for Nigeria ($X per ton) and Spain ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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