Indonesia: Market for Tubes, Pipes And Hoses Of Vulcanized Rubber 2024

Market Size for Tubes, Pipes And Hoses Of Vulcanized Rubber in Indonesia

In 2022, the Indonesian rubber tube and pipe market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a perceptible decrease. Rubber tube and pipe consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports from Indonesia

Rubber tube and pipe exports from Indonesia surged to X tons in 2022, increasing by X% compared with 2021 figures. Overall, total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, rubber tube and pipe exports skyrocketed to $X in 2022. Over the period under review, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Singapore (X tons) and Japan (X tons) were the main destinations of rubber tube and pipe exports from Indonesia, with a combined X% share of total exports. Saudi Arabia, Malaysia, Thailand, the Netherlands, China, Iran, Myanmar, the United Arab Emirates, Canada and Vietnam lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and Singapore ($X) appeared to be the largest markets for rubber tube and pipe exported from Indonesia worldwide, together accounting for X% of total exports. Thailand, Malaysia, Vietnam, China, Myanmar, the Netherlands, Iran, Canada, Saudi Arabia and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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 rubber tube and pipe export price amounted to $X per ton, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Saudi Arabia ($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 Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Imports into Indonesia

In 2022, overseas purchases of tubes, pipes and hoses of vulcanized rubber increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, saw a slight slump. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, rubber tube and pipe imports surged to $X in 2022. Over the period under review, imports, however, recorded a mild descent. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of rubber tube and pipe to Indonesia, with a X% share of total imports. Moreover, rubber tube and pipe imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold. Thailand (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, the largest rubber tube and pipe suppliers to Indonesia were Japan ($X), China ($X) and Thailand ($X), with a combined X% share of total imports. The United States, Malaysia, Singapore and India lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rubber tube and pipe import price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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