Indonesia: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in Indonesia

The Indonesian market for motor vehicle chassis fitted with engines expanded markedly to $X in 2022, with an increase of X% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in Indonesia

In value terms, production of motor vehicle chassis fitted with engines rose markedly to $X in 2022 estimated in export price. In general, production saw slight growth. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

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Exports of Motor Vehicle Chassis Fitted With Engines

Exports from Indonesia

In 2022, approx. X units of motor vehicle chassis fitted with engines were exported from Indonesia; declining by X% on the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then contracted dramatically in the following year.

In value terms, exports of motor vehicle chassis fitted with engines dropped notably to $X in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted markedly in the following year.

Exports by Country

Bangladesh (X units) was the main destination for exports of motor vehicle chassis fitted with engines from Indonesia, with a X% share of total exports. Moreover, exports of motor vehicle chassis fitted with engines to Bangladesh exceeded the volume sent to the second major destination, India (X units), more than tenfold. The third position in this ranking was held by Japan (X units), with a X% share.

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

In value terms, Bangladesh ($X) emerged as the key foreign market for motor vehicle chassis fitted with engines exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average export price for motor vehicle chassis fitted with engines amounted to $X per unit, reducing by X% against the previous year. Overall, the export price saw a mild shrinkage. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then shrank sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to China ($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 South Korea (X%), while the prices for the other major destinations experienced a decline.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into Indonesia

In 2022, overseas purchases of motor vehicle chassis fitted with engines were finally on the rise to reach X units after two years of decline. In general, imports enjoyed resilient growth. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of motor vehicle chassis fitted with engines soared to $X in 2022. Overall, imports continue to indicate buoyant growth. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

India (X units), China (X units) and Sweden (X units) were the main suppliers of imports of motor vehicle chassis fitted with engines to Indonesia, with a combined X% share of total imports.

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

In value terms, the largest motor vehicle chassis fitted with engines suppliers to Indonesia were India ($X), China ($X) and Sweden ($X), with a combined X% share of total imports.

In terms of the main suppliers, India, with a CAGR of X%, recorded the highest growth rate of 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 import price for motor vehicle chassis fitted with engines stood at $X per unit in 2022, increasing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Singapore ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform