
Indonesia - Aluminium - Market Analysis, Forecast, Size, Trends And Insights
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Indonesia: Aluminium Market Overview 2021
Aluminium Market Size in Indonesia
The Indonesian aluminium market contracted to $X in 2019, which is down by -X% against the previous year. Over the period under review, the total consumption indicated pronounced growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2019, consumption remained at a lower figure.
Aluminium Production in Indonesia
In value terms, aluminium production fell to $X in 2019 estimated in export prices. In general, production recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Aluminium production peaked at $X in 2007; however, from 2008 to 2019, production failed to regain the momentum.
Aluminium Exports
Exports from Indonesia
In 2019, overseas shipments of aluminium decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.
In value terms, aluminium exports contracted sharply to $X in 2019. Overall, exports showed a deep reduction. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.
Exports by Country
Thailand (X tonnes), Japan (X tonnes) and Viet Nam (X tonnes) were the main destinations of aluminium exports from Indonesia, together accounting for X% of total exports. These countries were followed by Malaysia, the Philippines, China and South Korea, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (+X% per year), while exports for the other leaders experienced more modest paces of growth.
In value terms, Viet Nam ($X), Thailand ($X) and Japan ($X) constituted the largest markets for aluminium exported from Indonesia worldwide, with a combined X% share of total exports. Malaysia, the Philippines, China and South Korea lagged somewhat behind, together comprising a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, among 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 2019, the average aluminium export price amounted to $X per tonne, declining by -X% against the previous year. Overall, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2019, the highest prices were recorded for prices to Viet Nam ($X per tonne) and Malaysia ($X per tonne), while the average price for exports to China ($X per tonne) and Thailand ($X per tonne) were amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Viet Nam, while the prices for the other major destinations experienced a decline.
Aluminium Imports
Imports into Indonesia
In 2019, overseas purchases of aluminium decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Overall, total imports indicated a notable increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports failed to regain the momentum.
In value terms, aluminium imports reduced dramatically to $X in 2019. In general, imports, however, recorded a modest increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2019, imports failed to regain the momentum.
Imports by Country
The United Arab Emirates (X tonnes), Malaysia (X tonnes) and Australia (X tonnes) were the main suppliers of aluminium imports to Indonesia, with a combined X% share of total imports. These countries were followed by Russia, Qatar, China, South Korea, New Zealand, South Africa, Viet Nam, Bahrain, Saudi Arabia and Taiwan (Chinese), which together accounted for a further X 2007 to 2019, the biggest increases were in Viet Nam (+X% per year), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the United Arab Emirates ($X), Malaysia ($X) and Australia ($X) were the largest aluminium suppliers to Indonesia, together accounting for X% of total imports. Russia, South Korea, Qatar, China, New Zealand, South Africa, Viet Nam, Bahrain, Saudi Arabia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X Nam (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2019, the average aluminium import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the import price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2019, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from South Korea ($X per tonne) and New Zealand ($X per tonne), while the price for Saudi Arabia ($X per tonne) and Russia ($X per tonne) were amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by South Korea, while the prices for the other major suppliers experienced a decline.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for aluminium in the world?+
China (36M tonnes) remains the largest aluminium consuming country worldwide, accounting for 53% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.2M tonnes), ninefold. The third position in this ranking was occupied by India (2.8M tonnes), with a 4.1% share.
What are the largest producers of aluminium in the world?+
China (36M tonnes) constituted the country with the largest volume of aluminium production, accounting for 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, India (4.5M tonnes), eightfold. Russia (3.6M tonnes) ranked third in terms of total production with a 5.4% share.
What are the leading suppliers of aluminium to Indonesia?+
In value terms, the United Arab Emirates ($108M), Malaysia ($68M) and Australia ($67M) appeared to be the largest aluminium suppliers to Indonesia, with a combined 47% share of total imports. These countries were followed by Russia, South Korea, Qatar, China, New Zealand, South Africa, Viet Nam, Bahrain, Saudi Arabia and Taiwan (Chinese), which together accounted for a further 43%.
What are the leading importers of aluminium from Indonesia?+
In value terms, the largest markets for aluminium exported from Indonesia were Viet Nam ($29M), Thailand ($28M) and Japan ($25M), together comprising 73% of total exports. Malaysia, the Philippines, China and South Korea lagged somewhat behind, together accounting for a further 26%.
What is the average export price for aluminium in Indonesia?+
In 2019, the average aluminium export price amounted to $1,884 per tonne, dropping by -9.8% against the previous year.
What is the average import price for aluminium in Indonesia?+
The average aluminium import price stood at $1,936 per tonne in 2019, which is down by -15% against the previous year.
This report provides an in-depth analysis of the aluminium 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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