Price for Reciprocating or Rotary Internal Combustion Piston Engines in Indonesia - 2022
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Indonesia (FOB) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Indonesia (CIF) - 2022
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Indonesia
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Indonesia
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Indonesia (FOB) - 2022
The average export price for reciprocating or rotary internal combustion piston engineses stood at $2,886 per unit in March 2022, with an increase of 17% against the previous month. Over the period from February 2022 to March 2022, it increased at an average monthly rate of +17.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In March 2022, the highest price was recorded for prices to Taiwan (Chinese) ($2,938 per unit) and the Philippines ($2,938 per unit), while the average price for exports to Vietnam ($2,278 per unit) and Malaysia ($2,415 per unit) were amongst the lowest.
From February 2022 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Indonesia (CIF) - 2022
In March 2022, the average import price for reciprocating or rotary internal combustion piston engineses amounted to $882 per unit, growing by 23% against the previous month. Over the period from February 2022 to March 2022, it increased at an average monthly rate of +23.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($2,954 per unit), while the price for Thailand ($342 per unit) was amongst the lowest.
From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by China (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Indonesia
Exports of reciprocating or rotary internal combustion piston engineses from Indonesia soared to 547K units in 2022, increasing by 73% against the previous year. Overall, exports showed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of reciprocating or rotary internal combustion piston engineses dropped to $377M in 2022. In general, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 7.3%. The exports peaked at $460M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 136 | 117 | 137 | 152 | 3.8% |
| Philippines | 110 | 62.0 | 70.7 | 70.7 | -13.7% |
| Vietnam | 100 | 85.6 | 70.6 | 68.5 | -11.8% |
| Taiwan (Chinese) | 24.8 | 25.7 | 26.7 | 19.7 | -7.4% |
| United States | 2.8 | 21.8 | 27.2 | 17.7 | 84.9% |
| France | 10.1 | 19.7 | 26.6 | 13.2 | 9.3% |
| India | 3.2 | 6.7 | 4.1 | 9.9 | 45.7% |
| Argentina | 15.7 | 7.6 | 13.0 | 6.4 | -25.9% |
| Cambodia | 3.9 | 4.8 | 6.4 | 5.5 | 12.1% |
| Thailand | 26.6 | 13.3 | 13.6 | 4.3 | -45.5% |
| Colombia | 8.7 | 9.3 | 6.2 | 0.1 | -77.4% |
| Others | 18.0 | 17.6 | 18.1 | 9.5 | -19.2% |
| Total | 460 | 392 | 420 | 377 | -6.4% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Indonesia in 2022:
- Malaysia (230.6K units)
- Vietnam (110.7K units)
- Philippines (107.9K units)
- France (25.0K units)
- United States (18.9K units)
- Taiwan (Chinese) (18.0K units)
- India (8.4K units)
- Thailand (7.6K units)
- Cambodia (5.9K units)
- Argentina (5.6K units)
- Colombia (0.1K units)
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Indonesia
In 2022, the amount of reciprocating or rotary internal combustion piston engineses imported into Indonesia shrank rapidly to 214K units, dropping by -26.8% on the previous year. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. Imports peaked at 368K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of reciprocating or rotary internal combustion piston engineses reached $199M in 2022. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 6.1%. Imports peaked at $373M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 74.2 | 47.1 | 87.5 | 69.8 | -2.0% |
| Japan | 248 | 97.9 | 54.8 | 67.5 | -35.2% |
| Thailand | 20.2 | 14.2 | 23.8 | 19.1 | -1.8% |
| United States | 4.1 | 4.6 | 13.0 | 13.7 | 49.5% |
| Germany | 6.2 | 10.3 | 4.2 | 10.7 | 19.9% |
| United Kingdom | N/A | 1.3 | 0.1 | 10.5 | 184.2% |
| Others | 20.0 | 9.1 | 12.4 | 8.1 | -26.0% |
| Total | 373 | 184 | 196 | 199 | -18.9% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Indonesia in 2022:
- China (123.8K units)
- Thailand (42.5K units)
- Japan (22.8K units)
- United Kingdom (8.4K units)
- United States (7.4K units)
- Germany (4.3K units)
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