Indonesia: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Indonesia

In 2022, the Indonesian medical gel preparations market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. Medical gel preparations consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Medical Gel Preparations Production in Indonesia

In value terms, medical gel preparations production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild decline. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Medical gel preparations production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Medical Gel Preparations Exports

Exports from Indonesia

In 2022, shipments abroad of gel preparations for human or veterinary medicine decreased by X% to X tons, falling for the fifth year in a row after four years of growth. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, medical gel preparations exports contracted dramatically to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Myanmar (X tons) was the main destination for medical gel preparations exports from Indonesia, accounting for a X% share of total exports. Moreover, medical gel preparations exports to Myanmar exceeded the volume sent to the second major destination, Singapore (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar amounted to X%.

In value terms, Myanmar ($X) remains the key foreign market for gel preparations for human or veterinary medicine exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar totaled X%.

Export Prices by Country

In 2022, the average medical gel preparations export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while the average price for exports to Singapore totaled $X per ton.

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

Medical Gel Preparations Imports

Imports into Indonesia

In 2022, overseas purchases of gel preparations for human or veterinary medicine increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, medical gel preparations imports skyrocketed to $X in 2022. In general, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Thailand (X tons) and China (X tons) were the main suppliers of medical gel preparations imports to Indonesia, with a combined X% share of total imports. Turkey, India, Austria and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medical gel preparations suppliers to Indonesia were Thailand ($X), Malaysia ($X) and Austria ($X), together accounting for X% of total imports.

Austria, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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 2022, the average medical gel preparations import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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