
Indonesia - Parts of Boilers for Central Heating - Market Analysis, Forecast, Size, Trends and Insights
Indonesia: Boiler Parts Market 2022
Boiler Parts Market Size in Indonesia
After three years of growth, the Indonesian boiler parts market decreased by -X% to $X in 2021. Over the period under review, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Boiler parts consumption peaked at $X in 2020, and then contracted slightly in the following year.
Boiler Parts Production in Indonesia
In value terms, boiler parts production contracted to $X in 2021 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Boiler parts production peaked at $X in 2020, and then dropped slightly in the following year.
Boiler Parts Exports
Exports from Indonesia
In 2021, overseas shipments of parts of boilers for central heating increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.
In value terms, boiler parts exports skyrocketed to $X in 2021. Overall, exports showed a pronounced increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Vietnam (X tons) was the main destination for boiler parts exports from Indonesia, with a X% share of total exports. Moreover, boiler parts exports to Vietnam exceeded the volume sent to the second major destination, Japan (X tons), threefold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Vietnam stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-X% per year) and Bangladesh (X% per year).
In value terms, Vietnam ($X) emerged as the key foreign market for boiler parts exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Vietnam stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-X% per year) and Bangladesh (X% per year).
Export Prices by Country
The average boiler parts export price stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2020, and then dropped in the following year.
Average prices varied somewhat for the major external markets. In 2021, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+X%).
Boiler Parts Imports
Imports into Indonesia
In 2021, approx. X tons of parts of boilers for central heating were imported into Indonesia; increasing by X% against 2020 figures. Overall, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.
In value terms, boiler parts imports soared to $X in 2021. Over the period under review, imports saw a slight expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, China (X tons) constituted the largest boiler parts supplier to Indonesia, accounting for a X% share of total imports. Moreover, boiler parts imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), sixfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%.
In value terms, the largest boiler parts suppliers to Indonesia were South Korea ($X) and China ($X terms of the main suppliers, South Korea, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review.
Import Prices by Country
In 2021, the average boiler parts import price amounted to $X per ton, declining by -X% against the previous year. Overall, the import price showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while the price for China stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the boiler parts market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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