Indonesia: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Indonesia

The Indonesian unwrought aluminium alloys market contracted rapidly to $X in 2020, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt descent. The pace of growth appeared the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Unwrought Aluminium Alloys Exports

Exports from Indonesia

In 2020, approx. X tons of unwrought aluminium alloys were exported from Indonesia; growing by X% compared with 2019 figures. Overall, exports recorded a significant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, unwrought aluminium alloys exports surged to $X in 2020. In general, exports recorded a significant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for unwrought aluminium alloys exports from Indonesia, with a X% share of total exports. Moreover, unwrought aluminium alloys exports to China exceeded the volume sent to the second major destination, Vietnam (X tons), fourfold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Japan (+X% per year).

In value terms, China ($X) emerged as the key foreign market for unwrought aluminium alloys exports from Indonesia, comprising X% of total exports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2020, the average unwrought aluminium alloys export price amounted to $X per ton, declining by -X% against the previous year. Overall, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per ton in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major external markets. In 2020, the countries with the highest prices were India ($X per ton) and Vietnam ($X per ton), while the average price for exports to China ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India, while the prices for the other major destinations experienced a decline.

Unwrought Aluminium Alloys Imports

Imports into Indonesia

In 2020, after four years of growth, there was significant decline in purchases abroad of unwrought aluminium alloys, when their volume decreased by -X% to X tons. Over the period under review, total imports indicated a pronounced increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Imports peaked at X tons in 2019, and then fell markedly in the following year.

In value terms, unwrought aluminium alloys imports shrank markedly to $X in 2020. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Malaysia (X tons), the United Arab Emirates (X tons) and Australia (X tons) were the main suppliers of unwrought aluminium alloys imports to Indonesia, with a combined X% share of total imports. Russia, Vietnam, Qatar, South Korea, Taiwan (Chinese), Switzerland, Singapore, Thailand, New Zealand and Bahrain lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest unwrought aluminium alloys suppliers to Indonesia were Malaysia ($X), the United Arab Emirates ($X) and Australia ($X), together comprising X% of total imports. Russia, South Korea, Qatar, Vietnam, Taiwan (Chinese), Singapore, Switzerland, Thailand, New Zealand and Bahrain lagged somewhat behind, together accounting for a further X Nam (+X% per year) saw the highest rates of growth with regard to 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

In 2020, the average unwrought aluminium alloys import price amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Singapore ($X per ton) and South Korea ($X per ton), while the price for Russia ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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