Indonesia: Cotton Embroidery Market 2024

Cotton Embroidery Market Size in Indonesia

After three years of growth, the Indonesian cotton embroidery market decreased by X% to $X in 2022. In general, consumption, however, enjoyed a perceptible increase. Cotton embroidery consumption peaked at $X in 2021, and then declined rapidly in the following year.

Cotton Embroidery Production in Indonesia

In value terms, cotton embroidery production reached $X in 2022 estimated in export price. In general, production recorded a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Cotton Embroidery Exports

Exports from Indonesia

In 2022, overseas shipments of cotton embroidery in the piece increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep slump. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cotton embroidery exports surged to $X in 2022. In general, exports, however, continue to indicate a deep reduction. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons) was the main destination for cotton embroidery exports from Indonesia, with a X% share of total exports. Moreover, cotton embroidery exports to Thailand exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fourfold. The third position in this ranking was taken by Malaysia (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Malaysia (X% per year).

In value terms, Thailand ($X) emerged as the key foreign market for cotton embroidery in the piece exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average cotton embroidery export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price saw a perceptible decline. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

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

Cotton Embroidery Imports

Imports into Indonesia

In 2022, imports of cotton embroidery in the piece into Indonesia fell slightly to X tons, waning by X% compared with the previous year. Overall, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, cotton embroidery imports dropped to $X in 2022. Over the period under review, imports faced a abrupt contraction. 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 reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of cotton embroidery to Indonesia, with a X% share of total imports. Moreover, cotton embroidery imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was held by Hong Kong SAR (X tons), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of cotton embroidery in the piece to Indonesia, comprising X% of total imports. The second position in the ranking was held by India ($X), with an X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

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

Import Prices by Country

The average cotton embroidery import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, import price indicated a temperate expansion 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, cotton embroidery import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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