Pumps; Parts Thereof Price in Indonesia - 2022
Contents:
- Pumps; Parts Thereof Price in Indonesia (CIF) - 2022
- Pumps; Parts Thereof Price in Indonesia (FOB) - 2022
- Pumps; Parts Thereof Imports in Indonesia
- Pumps; Parts Thereof Exports in Indonesia
Pumps; Parts Thereof Price in Indonesia (CIF) - 2022
In March 2022, the average pumps; parts thereof import price amounted to $9,233 per ton, surging by 44% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2021 when the average import price increased by 95% against the previous month. The import price peaked at $9,792 per ton in March 2021; however, from April 2021 to March 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($42,030 per ton), while the price for China ($3,722 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Indonesia (FOB) - 2022
In 2022, the average pumps; parts thereof export price amounted to $11,652 per ton, falling by -3.4% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pumps; parts thereof export price decreased by -19.4% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 36%. The export price peaked at $14,460 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($35,087 per ton), while the average price for exports to Japan ($3,018 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Imports in Indonesia
In 2022, supplies from abroad of pumps; parts thereoves increased by 47% to 47K tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, pumps; parts thereof imports soared to $367M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pumps; Parts Thereof in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 93.7 | 79.2 | 84.3 | 141 | 14.6% |
| Australia | 16.3 | 10.7 | 15.6 | 40.6 | 35.6% |
| Singapore | 20.3 | 20.1 | 10.7 | 39.9 | 25.3% |
| Japan | 44.8 | 36.3 | 38.3 | 37.0 | -6.2% |
| United States | 34.6 | 24.2 | 29.5 | 23.8 | -11.7% |
| Hong Kong SAR | 4.0 | 4.5 | 9.1 | 13.0 | 48.1% |
| Others | 76.8 | 52.1 | 62.5 | 71.4 | -2.4% |
| Total | 290 | 227 | 250 | 367 | 8.2% |
Top Suppliers of Pumps; Parts Thereof to Indonesia in 2022:
- China (38.0K tons)
- Japan (2.2K tons)
- Singapore (1.2K tons)
- Hong Kong SAR (1.2K tons)
- United States (0.9K tons)
- Australia (0.8K tons)
Pumps; Parts Thereof Exports in Indonesia
In 2022, exports of pumps; parts thereoves from Indonesia amounted to 3.5K tons, surging by 6.3% compared with 2021. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 43% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, pumps; parts thereof exports expanded to $41M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Pumps; Parts Thereof in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.5 | 6.2 | 9.7 | 9.1 | 11.9% |
| Brazil | 0.4 | 0.3 | 0.4 | 5.5 | 139.6% |
| Vietnam | 5.2 | 5.0 | 5.6 | 5.0 | -1.3% |
| Germany | 3.4 | 2.6 | 4.6 | 3.6 | 1.9% |
| China | 1.0 | 1.0 | 1.9 | 3.5 | 51.8% |
| Japan | 7.0 | 7.0 | 4.8 | 1.9 | -35.3% |
| Thailand | 3.7 | 1.3 | 1.6 | 1.9 | -19.9% |
| Netherlands | 1.2 | 1.0 | 1.1 | 1.2 | 0.0% |
| India | 0.6 | 0.4 | 1.0 | 1.0 | 18.6% |
| Singapore | 0.8 | 0.9 | 1.2 | 0.9 | 4.0% |
| Malaysia | 0.6 | 0.3 | 0.9 | 0.8 | 10.1% |
| Cambodia | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Others | 2.8 | 3.8 | 6.8 | 6.4 | 31.7% |
| Total | 33.4 | 30.0 | 39.7 | 40.8 | 6.9% |
Top Export Markets for Pumps; Parts Thereof from Indonesia in 2022:
- Japan (634.3 tons)
- United States (584.8 tons)
- China (541.7 tons)
- Germany (367.1 tons)
- Singapore (212.1 tons)
- Vietnam (170.4 tons)
- Brazil (155.5 tons)
- Netherlands (128.8 tons)
- Malaysia (123.4 tons)
- Thailand (121.0 tons)
- India (85.4 tons)
- Cambodia (55.0 tons)
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