Indonesia: Metal Non-Electric Bell Market 2024

Metal Non-Electric Bell Market Size in Indonesia

The Indonesian metal non-electric bell market reduced to $X in 2022, dropping by X% against the previous year. In general, consumption faced a drastic downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Metal Non-Electric Bell Production in Indonesia

In value terms, metal non-electric bell production shrank slightly to $X in 2022 estimated in export price. In general, production showed a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Metal Non-Electric Bell Exports

Exports from Indonesia

For the fourth consecutive year, Indonesia recorded decline in shipments abroad of non-electric bells and gongs of base metal, which decreased by X% to X tons in 2022. Over the period under review, exports showed a deep contraction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal non-electric bell exports declined remarkably to $X in 2022. In general, exports recorded a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for metal non-electric bell exports from Indonesia, with a X% share of total exports. Moreover, metal non-electric bell exports to Japan exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was held by South Korea (X tons), with a X% share.

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

In value terms, Japan ($X) remains the key foreign market for non-electric bells and gongs of base metal exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and France (X% per year).

Export Prices by Country

The average metal non-electric bell export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price recorded a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to South Korea ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Non-Electric Bell Imports

Imports into Indonesia

In 2022, overseas purchases of non-electric bells and gongs of base metal decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, metal non-electric bell imports fell rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate noticeable growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal non-electric bell to Indonesia, with a X% share of total imports. Moreover, metal non-electric bell imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of non-electric bells and gongs of base metal to Indonesia, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average metal non-electric bell import price amounted to $X per ton, surging by X% against the previous year. In general, the import price enjoyed a tangible increase. 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 attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%).

Source: IndexBox Platform

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