Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Indonesia - 2022

Contents:

  1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Indonesia (CIF) - 2022
  2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Indonesia (FOB) - 2022
  3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Indonesia
  4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Indonesia

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Indonesia (CIF) - 2022

In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $78,543 per unit, rising by 156% against the previous year. Over the period under review, the import price enjoyed a noticeable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($107,437 per unit), while the price for Italy ($3,393 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Indonesia (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $5,394 per unit in 2022, with a decrease of -38.8% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 247%. The export price peaked at $37,195 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($22,887 per unit), while the average price for exports to Malaysia ($16 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 Timor-Leste (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Indonesia

Imports of casting machines; of a kind used in metallurgy or in metal foundrieses into Indonesia skyrocketed to 1.2K units in 2022, growing by 82% on the previous year's figure. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $98M in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.89.63.284.446.6%
Japan7.93.27.87.6-1.3%
Singapore1.10.63.22.124.1%
FinlandN/A2.1N/A1.4-18.4%
United States0.1N/AN/A0.458.7%
Italy0.10.4N/A0.10.0%
South Korea0.30.50.60.1-30.7%
Bulgaria2.42.22.6N/A4.1%
SwitzerlandN/AN/A1.0N/A0%
Turkey0.20.30.7N/A87.1%
Others2.81.42.01.7-15.3%
Total41.720.221.097.932.9%

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Indonesia in 2022:

  1. China (786.0 units)
  2. Japan (152.0 units)
  3. Singapore (119.0 units)
  4. Finland (81.0 units)
  5. United States (43.0 units)
  6. Italy (28.0 units)
  7. South Korea (20.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Indonesia

For the third consecutive year, Indonesia recorded decline in overseas shipments of casting machines; of a kind used in metallurgy or in metal foundrieses, which decreased by -50% to 8 units in 2022. Over the period under review, exports continue to indicate a dramatic descent. The smallest decline of -5.9% was in 2021. The exports peaked at 19 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses dropped sharply to $43K in 2022. Overall, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 7.1% against the previous year. Over the period under review, the exports of reached the maximum at $273K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A0.822.92762.5%
Taiwan (Chinese)10.43.411.06.7-13.6%
United States15.80.51.56.2-26.8%
SingaporeN/A0.10.22.7419.6%
GermanyN/AN/A0.21.9850.0%
Timor-LesteN/AN/A0.11.41300.0%
Japan27.12.81.51.3-63.7%
Hong Kong SAR0.50.10.2N/A-36.8%
South Korea0.4N/A0.2N/A-29.3%
IrelandN/AN/AN/AN/A0%
Malaysia17.844.41.0N/A-76.3%
India3.20.62.6N/A-9.9%
Pakistan13.810.8N/AN/A-21.7%
Others18468.8122N/A-18.6%
Total27313214143.1-46.0%

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Indonesia in 2022:

  1. Taiwan (Chinese) (1.0 units)
  2. Singapore (1.0 units)
  3. United States (1.0 units)
  4. Malaysia (1.0 units)
  5. China (1.0 units)
  6. Japan (1.0 units)
  7. Timor-Leste (1.0 units)
  8. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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