Indonesia: Resistor Market 2024

Resistor Market Size in Indonesia

The Indonesian resistor market reached $X in 2022, with an increase of X% against the previous year. In general, consumption enjoyed a buoyant expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Resistor Production in Indonesia

In value terms, resistor production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Resistor Exports

Exports from Indonesia

For the fourth consecutive year, Indonesia recorded growth in shipments abroad of electrical resistors (except heating resistors), which increased by X% to X units in 2022. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its volume 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, exports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, resistor exports fell modestly to $X in 2022. In general, total exports indicated strong 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

Germany (X units) was the main destination for resistor exports from Indonesia, with a X% share of total exports. Moreover, resistor exports to Germany exceeded the volume sent to the second major destination, Singapore (X units), threefold. The United States (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and the United States (X% per year).

In value terms, the largest markets for resistor exported from Indonesia were Germany ($X), Singapore ($X) and the United States ($X), with a combined X% share of total exports.

Germany, with a CAGR of X%, saw the highest growth rate of 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

The average resistor export price stood at $X per thousand units in 2022, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price reached the peak level of $X per thousand units. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per thousand units), while the average price for exports to Hong Kong SAR ($X per thousand units) was amongst the lowest.

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

Resistor Imports

Imports into Indonesia

Resistor imports into Indonesia skyrocketed to X units in 2022, increasing by X% compared with the year before. Overall, imports, however, saw a perceptible decrease. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, resistor imports surged to $X in 2022. Over the period under review, total imports indicated a modest increase 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, imports increased by X% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Malaysia (X units) and Singapore (X units) were the main suppliers of resistor imports to Indonesia, together comprising X% of total imports. Taiwan (Chinese), Israel, Japan, South Korea, Hong Kong SAR and Austria lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest resistor suppliers to Indonesia were Malaysia ($X), China ($X) and Singapore ($X), with a combined X% share of total imports. Japan, Taiwan (Chinese), South Korea, Israel, Hong Kong SAR and Austria lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Israel, with a CAGR of X%, recorded the highest rates of growth with regard to 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 resistor import price stood at $X per thousand units in 2022, jumping 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 2013 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Hong Kong SAR ($X per thousand units), while the price for Israel ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform