Indonesia: Market for Iron Or Steel Anchors, Grapnels 2024

Market Size for Iron Or Steel Anchors, Grapnels in Indonesia

In 2022, the Indonesian metal anchors and grapnels market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, showed a strong expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Iron Or Steel Anchors, Grapnels in Indonesia

In value terms, metal anchors and grapnels production expanded to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. 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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Exports of Iron Or Steel Anchors, Grapnels

Exports from Indonesia

Metal anchors and grapnels exports from Indonesia surged to X units in 2022, picking up by X% against the previous year. Overall, exports, however, saw a deep slump. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal anchors and grapnels exports skyrocketed to $X in 2022. In general, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X units) was the main destination for metal anchors and grapnels exports from Indonesia, with a X% share of total exports. Moreover, metal anchors and grapnels exports to Malaysia exceeded the volume sent to the second major destination, Singapore (X units), twofold. The third position in this ranking was held by the Philippines (X units), with a X% share.

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

In value terms, the largest markets for metal anchors and grapnels exported from Indonesia were Malaysia ($X), Singapore ($X) and the United Arab Emirates ($X), with a combined X% share of total exports.

The United Arab Emirates, with a CAGR of X%, recorded 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

In 2022, the average metal anchors and grapnels export price amounted to $X per unit, which is down by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

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

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

Imports of Iron Or Steel Anchors, Grapnels

Imports into Indonesia

In 2022, approx. X units of iron or steel anchors, grapnels were imported into Indonesia; with a decrease of X% against the year before. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, metal anchors and grapnels imports shrank notably to $X in 2022. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest metal anchors and grapnels supplier to Indonesia, accounting for a X% share of total imports. Moreover, metal anchors and grapnels imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), eightfold. The third position in this ranking was held by Australia (X units), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of iron or steel anchors, grapnels to Indonesia, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

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

Import Prices by Country

In 2022, the average metal anchors and grapnels import price amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Thailand ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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