Indonesia: Aluminium Market Overview 2020

Aluminium Market Size in Indonesia

The revenue of the aluminium market in Indonesia amounted to $X in 2018, reducing by -X% against the previous year. Over the period under review, the total market indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Indonesia aluminium consumption peaked at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.

Aluminium Production in Indonesia

In value terms, aluminium production totaled $X in 2018 estimated in export prices. Over the period under review, aluminium production continues to indicate a moderate descent. The most prominent rate of growth was recorded in 2010 when production volume increased by X% y-o-y. Indonesia aluminium production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Aluminium Exports

Exports from Indonesia

In 2018, the aluminium exports from Indonesia amounted to X tonnes, increasing by X% against the previous year. Overall, aluminium exports, however, continue to indicate a drastic decline. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Indonesia exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, aluminium exports amounted to $X in 2018. Over the period under review, aluminium exports, however, continue to indicate an abrupt drop. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. Indonesia exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Russia (X tonnes), Canada (X tonnes) and the United Arab Emirates (X tonnes) represented roughly X% of total exports of aluminium in 2018. India (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by Australia (X%), Norway (X%) and Malaysia (X%). The Netherlands (X tonnes), Iceland (X tonnes), the U.S. (X tonnes), Qatar (X tonnes) and China (X tonnes) held a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium markets from Indonesia were Canada ($X), the United Arab Emirates ($X) and Russia ($X), together comprising X% of total exports. These countries were followed by India, Australia, Norway, Malaysia, the Netherlands, Iceland, the U.S., Qatar, China and Indonesia, which together accounted for a further X experienced the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The aluminium export price in Indonesia stood at $X per tonne in 2018, growing by X% against the previous year. Over the period under review, the aluminium export price, however, continues to indicate a moderate contraction. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. Indonesia export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Aluminium Imports

Imports into Indonesia

In 2018, approx. X tonnes of aluminium were imported into Indonesia; coming down by -X% against the previous year. Overall, the total imports indicated a notable increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, aluminium imports attained their peak figure at X tonnes in 2012; however, from 2013 to 2018, imports remained at a lower figure.

In value terms, aluminium imports amounted to $X in 2018. Overall, the total imports indicated a pronounced expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Indonesia imports peaked at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Japan (X tonnes), Germany (X tonnes), South Korea (X tonnes) and Italy (X tonnes) represented the major importers of aluminium, together committing X% of total imports. The Netherlands (X tonnes), Turkey (X tonnes), Mexico (X tonnes), Thailand (X tonnes), Poland (X tonnes), Malaysia (X tonnes) and Taiwan, Chinese (X tonnes) held a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported aluminium into Indonesia, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and Germany (-X% per year).

Import Prices by Country

The aluminium import price in Indonesia stood at $X per tonne in 2018, picking up by X% against the previous year. Overall, the aluminium import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. Over the period under review, the import prices for aluminium reached their maximum at $X per tonne in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Mexico ($X per tonne) and Poland ($X per tonne), while South Korea ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform