Indonesia: Way-Type Unit Head Market 2022

Way-Type Unit Head Market Size in Indonesia

In 2021, the Indonesian way-type unit head market was finally on the rise to reach $X after two years of decline. In general, consumption, however, recorded a perceptible decline. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Way-Type Unit Head Exports

Exports from Indonesia

In 2021, shipments abroad of way-type unit heads for working metal increased by X% to X tons, rising for the sixth consecutive year after three years of decline. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, way-type unit head exports surged to $X in 2021. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X tons) was the main destination for way-type unit head exports from Indonesia, accounting for a X% share of total exports. Moreover, way-type unit head exports to Malaysia exceeded the volume sent to the second major destination, Vietnam (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia totaled +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, Malaysia ($X) emerged as the key foreign market for way-type unit head exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with an X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

In 2021, the average way-type unit head export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Vietnam ($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%), while the prices for the other major destinations experienced a decline.

Way-Type Unit Head Imports

Imports into Indonesia

In 2021, purchases abroad of way-type unit heads for working metal increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, way-type unit head imports surged to $X in 2021. In general, imports, however, recorded a noticeable shrinkage. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Italy (X tons) were the main suppliers of way-type unit head imports to Indonesia, together comprising X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest way-type unit head suppliers to Indonesia were Taiwan (Chinese) ($X), China ($X) and Italy ($X), with a combined X% share of total imports.

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

Import Prices by Country

In 2021, the average way-type unit head import price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the import price showed a perceptible setback. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, 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 Market Intelligence Platform

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