Price for Tugs and Pusher Craft in Indonesia - 2022

Contents:

  1. Price for Tugs and Pusher Craft in Indonesia (CIF) - 2022
  2. Price for Tugs and Pusher Craft in Indonesia (FOB) - 2022
  3. Imports of Tugs and Pusher Craft in Indonesia
  4. Exports of Tugs and Pusher Craft in Indonesia

Price for Tugs and Pusher Craft in Indonesia (CIF) - 2022

The average tugs and pusher craft import price stood at $764,416 per unit in 2022, with an increase of 11% against the previous year. Over the period under review, the import price posted a perceptible expansion. The most prominent rate of growth was recorded in 2016 an increase of 150% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,614,633 per unit), while the price for South Korea ($321,635 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tugs and Pusher Craft in Indonesia (FOB) - 2022

The average tugs and pusher craft export price stood at $684,124 per unit in 2022, growing by 7.4% against the previous year. Overall, the export price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2021 when the average export price increased by 54%. Over the period under review, the average export prices hit record highs at $982,968 per unit in 2012; however, from 2013 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 India ($1,209,415 per unit), while the average price for exports to Australia ($88,821 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 Taiwan (Chinese) (+135.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tugs and Pusher Craft in Indonesia

In 2022, approx. 91 units of tugs and pusher crafts were imported into Indonesia; jumping by 60% compared with the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 128% against the previous year. As a result, imports attained the peak of 203 units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, tugs and pusher craft imports soared to $70M in 2022. Overall, imports enjoyed a perceptible increase. Imports peaked at $100M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Tugs and Pusher Craft in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India20.427.613.923.24.4%
Malaysia16.919.910.116.90.0%
Australia3.97.23.77.423.8%
Thailand1.08.03.35.576.5%
Mongolia2.54.72.44.824.3%
Singapore6.72.01.13.6-18.7%
Philippines2.53.91.72.95.1%
China2.01.70.71.6-7.2%
Hong Kong SAR1.92.61.01.4-9.7%
Japan2.80.30.11.2-24.6%
Netherlands0.61.00.40.810.1%
South Korea0.40.70.30.614.5%
Saudi ArabiaN/A2.3N/AN/A0%
OthersN/A18.40.6N/A-96.7%
Total61.610039.469.84.3%

Top Suppliers of Tugs and Pusher Craft to Indonesia in 2022:

  1. Malaysia (24.0 units)
  2. Thailand (16.0 units)
  3. Australia (9.0 units)
  4. India (9.0 units)
  5. Mongolia (8.0 units)
  6. Singapore (6.0 units)
  7. Philippines (5.0 units)
  8. China (4.0 units)
  9. Japan (3.0 units)
  10. Hong Kong SAR (3.0 units)
  11. Netherlands (2.0 units)
  12. South Korea (2.0 units)

Exports of Tugs and Pusher Craft in Indonesia

In 2022, after three years of growth, there was significant decline in shipments abroad of tugs and pusher crafts, when their volume decreased by -31.8% to 90 units. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. As a result, the exports reached the peak of 132 units, and then dropped dramatically in the following year.

In value terms, tugs and pusher craft exports reduced notably to $62M in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 112%. As a result, the exports attained the peak of $84M, and then reduced sharply in the following year.

Export of Tugs and Pusher Craft in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia8.216.70.620.235.1%
India4.34.336.512.944.2%
Singapore1.88.012.88.970.4%
ChinaN/A1.214.55.1106.2%
Taiwan (Chinese)0.94.10.83.963.0%
Cyprus0.51.48.63.081.7%
Vietnam0.60.83.11.638.7%
Philippines0.10.10.90.344.2%
Australia0.10.10.60.226.0%
Russia0.4N/AN/AN/A0%
Others3.52.85.65.617.0%
Total20.439.683.861.744.6%

Top Export Markets for Tugs and Pusher Craft from Indonesia in 2022:

  1. Saudi Arabia (32.0 units)
  2. Singapore (15.0 units)
  3. India (11.0 units)
  4. China (9.0 units)
  5. Taiwan (Chinese) (7.0 units)
  6. Cyprus (6.0 units)
  7. Vietnam (3.0 units)
  8. Australia (2.0 units)
  9. Philippines (2.0 units)

Source: IndexBox Market Intelligence Platform

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