Price for Electrical Insulators of Any Material in Indonesia - 2022
Contents:
- Price for Electrical Insulators of Any Material in Indonesia (CIF) - 2022
- Price for Electrical Insulators of Any Material in Indonesia (FOB) - 2022
- Imports of Electrical Insulators of Any Material in Indonesia
- Exports of Electrical Insulators of Any Material in Indonesia
Price for Electrical Insulators of Any Material in Indonesia (CIF) - 2022
In 2022, the average import price for electrical insulators of any materials amounted to $0.3 per unit, shrinking by -23.5% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 30%. Over the period under review, average import prices reached the maximum at $0.4 per unit in 2021, and then declined markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1.6 per unit), while the price for Spain ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Insulators of Any Material in Indonesia (FOB) - 2022
In 2022, the average export price for electrical insulators of any materials amounted to $0.7 per unit, surging by 9.7% against the previous year. Over the period under review, the export price recorded a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of 526% against the previous year. The export price peaked at $1.2 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($0.9 per unit), while the average price for exports to Timor-Leste ($0.1 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 Thailand (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Insulators of Any Material in Indonesia
In 2022, purchases abroad of electrical insulators of any materials increased by 26% to 110M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a drastic downturn. Over the period under review, imports hit record highs at 213M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electrical insulators of any material imports contracted modestly to $37M in 2022. Over the period under review, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 2.6%. Imports peaked at $64M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electrical Insulators of Any Material in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.7 | 16.4 | 22.3 | 19.3 | -10.3% |
| Italy | 5.7 | 2.0 | 2.6 | 3.6 | -14.2% |
| Malaysia | 1.7 | 1.4 | 1.8 | 3.3 | 24.7% |
| Japan | 4.6 | 2.6 | 1.8 | 2.3 | -20.6% |
| Spain | 2.4 | 1.2 | 3.4 | 0.8 | -30.7% |
| India | 1.8 | 1.8 | 0.7 | 0.6 | -30.7% |
| France | 6.8 | 2.1 | 0.3 | 0.2 | -69.1% |
| Others | 14.3 | 10.0 | 5.4 | 6.9 | -21.6% |
| Total | 63.9 | 37.4 | 38.4 | 37.1 | -16.6% |
Top Suppliers of Electrical Insulators of Any Material to Indonesia in 2022:
- China (86.5M units)
- Spain (5.6M units)
- Italy (5.1M units)
- Malaysia (4.6M units)
- India (1.5M units)
- Japan (1.5M units)
- France (0.1M units)
Exports of Electrical Insulators of Any Material in Indonesia
In 2022, the amount of electrical insulators of any materials exported from Indonesia soared to 5M units, jumping by 60% compared with 2021 figures. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 707%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, electrical insulators of any material exports surged to $3.3M in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 401%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Electrical Insulators of Any Material in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.3 | 1,324 | 1,372 | 2,493 | 350.3% |
| Singapore | 30.2 | 412 | 231 | 564 | 165.3% |
| Thailand | 72.6 | 68.8 | 76.3 | 121 | 18.6% |
| Timor-Leste | N/A | 0.6 | N/A | 26.8 | 568.3% |
| Others | 332 | 508 | 188 | 74.8 | -39.2% |
| Total | 462 | 2,313 | 1,867 | 3,280 | 92.2% |
Top Export Markets for Electrical Insulators of Any Material from Indonesia in 2022:
- United States (3781.3K units)
- Singapore (609.7K units)
- Thailand (208.9K units)
- Timor-Leste (197.9K units)
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