Indonesia: Non-Propelled Vehicle Market 2024

Non-Propelled Vehicle Market Size in Indonesia

In 2022, the Indonesian non-propelled vehicle market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption posted a resilient increase. Non-propelled vehicle consumption peaked in 2022 and is expected to retain growth in the immediate term.

Non-Propelled Vehicle Exports

Exports from Indonesia

In 2022, overseas shipments of vehicles not mechanically propelled increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports saw strong growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-propelled vehicle exports skyrocketed to $X in 2022. In general, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Oman (X units), Malaysia (X units) and the United Arab Emirates (X units) were the main destinations of non-propelled vehicle exports from Indonesia, with a combined X% share of total exports. Liberia, Singapore, Papua New Guinea, Australia and Thailand lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Papua New Guinea (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-propelled vehicle exported from Indonesia were the United Arab Emirates ($X), Oman ($X) and Liberia ($X), together accounting for X% of total exports. Australia, Papua New Guinea, Malaysia, Singapore and Thailand lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Papua New Guinea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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 non-propelled vehicle export price amounted to $X per unit, increasing by X% against the previous year. In general, the export price, however, recorded a abrupt decrease. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Malaysia ($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 Australia (X%), while the prices for the other major destinations experienced a decline.

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Non-Propelled Vehicle Imports

Imports into Indonesia

In 2022, purchases abroad of vehicles not mechanically propelled increased by X% to X units, rising for the second year in a row after four years of decline. Overall, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, non-propelled vehicle imports surged to $X in 2022. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest non-propelled vehicle supplier to Indonesia, accounting for a X% share of total imports. Moreover, non-propelled vehicle imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), ninefold. Singapore (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Singapore (X% per year).

In value terms, China ($X) constituted the largest supplier of vehicles not mechanically propelled to Indonesia, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with an X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Singapore (X% per year).

Import Prices by Country

The average non-propelled vehicle import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price showed a mild decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, 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 South Korea ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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