Price for Railway or Tramway Track Constructions of Iron or Steel in Indonesia - 2022

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Indonesia (CIF) - 2022
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Indonesia (FOB) - 2022
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Indonesia
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Indonesia

Price for Railway or Tramway Track Constructions of Iron or Steel in Indonesia (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $2,187 per ton in 2022, increasing by 82% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for railway or tramway track constructions of iron or steel increased by +89.6% against 2020 indices. 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 ($2,144 per ton), while the price for Japan totaled $872 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%).

Price for Railway or Tramway Track Constructions of Iron or Steel in Indonesia (FOB) - 2022

In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $2,008 per ton, rising by 42% against the previous year. In general, the export price showed a mild expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 63%. Over the period under review, the average export prices attained the peak figure at $2,154 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($3,243 per ton), while the average price for exports to Singapore ($372 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 (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Indonesia

In 2022, the amount of railway or tramway track constructions of iron or steel imported into Indonesia shrank sharply to 19K tons, declining by -58.5% compared with the previous year's figure. Overall, imports showed a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 131% against the previous year.

In value terms, imports of railway or tramway track constructions of iron or steel shrank markedly to $41M in 2022. In general, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 140%.

Import of Railway or Tramway Track Constructions of Iron or Steel in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12712.245.837.3-33.5%
Japan0.95.70.70.2-39.4%
Others11.14.88.03.9-29.4%
Total13922.754.541.3-33.3%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Indonesia in 2022:

  1. China (17.4K tons)
  2. Japan (0.2K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Indonesia

In 2022, shipments abroad of railway or tramway track constructions of iron or steel decreased by -9.5% to 827 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 92%.

In value terms, exports of railway or tramway track constructions of iron or steel soared to $1.7M in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 63%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Railway or Tramway Track Constructions of Iron or Steel in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.52446838611098.6%
Australia26135628653226.8%
MauritaniaN/AN/AN/A1540%
Singapore27.514833.544.117.0%
Malaysia7.1N/A39.038.675.8%
Thailand21061.587.214.8-58.7%
South KoreaN/A1161202.6-85.0%
Others65.04.147.814.3-39.6%
Total5719291,2961,66142.8%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Indonesia in 2022:

  1. United States (337.1 tons)
  2. Australia (164.0 tons)
  3. Mauritania (152.0 tons)
  4. Singapore (118.6 tons)
  5. Malaysia (41.6 tons)
  6. Thailand (4.9 tons)
  7. South Korea (4.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway track constructions of iron or steel - Indonesia