Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Indonesia - 2022
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Indonesia (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Indonesia (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Indonesia
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Indonesia
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Indonesia (CIF) - 2022
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $38,599 per unit in March 2022, increasing by 32% against the previous month. Over the period from February 2022 to March 2022, it increased at an average monthly rate of +31.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In March 2022, the highest price was recorded for prices from Japan ($13,085 per unit) and China ($11,882 per unit), while the price for Sweden ($10,293 per unit) and Singapore ($11,551 per unit) were amongst the lowest.
From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by Singapore (+37.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Indonesia (FOB) - 2022
In March 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $13,541 per unit, growing by 3.1% against the previous month. Over the period from February 2022 to March 2022, it increased at an average monthly rate of +3.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($25,071 per unit), while the average price for exports to the Philippines ($12,038 per unit) was amongst the lowest.
From February 2022 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+248.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Indonesia
Imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) into Indonesia shrank slightly to 295K units in 2022, falling by -3.4% on the previous year's figure. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports attained the peak of 305K units, and then contracted modestly in the following year.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $642M in 2022. Over the period under review, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 284 | 156 | 336 | 304 | 2.3% |
| Japan | 154 | 97.4 | 143 | 181 | 5.5% |
| China | 46.4 | 48.1 | 59.2 | 54.8 | 5.7% |
| United States | 22.6 | 12.8 | 23.1 | 26.6 | 5.6% |
| India | 5.2 | 2.8 | 2.3 | 21.6 | 60.7% |
| Singapore | 20.9 | 24.3 | 22.3 | 16.8 | -7.0% |
| Others | 52.0 | 44.3 | 35.0 | 36.6 | -11.0% |
| Total | 585 | 385 | 622 | 642 | 3.1% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Indonesia in 2022:
- Thailand (187.2K units)
- Japan (53.5K units)
- China (15.7K units)
- United States (12.6K units)
- India (12.0K units)
- Singapore (3.3K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Indonesia
In 2022, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) from Indonesia skyrocketed to 7.1K units, jumping by 66% compared with the previous year's figure. In general, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) surged to $68M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.0% 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 +69.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 30%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.3 | 5.0 | 10.6 | 20.6 | 10.4% |
| Thailand | 0.3 | 2.5 | 5.2 | 11.5 | 237.2% |
| Philippines | 12.8 | 9.0 | 9.0 | 7.7 | -15.6% |
| Australia | 7.0 | 5.0 | 4.1 | 6.1 | -4.5% |
| Belgium | 4.5 | 1.8 | 3.6 | 5.7 | 8.2% |
| South Africa | 5.4 | 4.8 | 3.6 | 4.3 | -7.3% |
| Cambodia | 0.7 | N/A | 0.5 | 3.1 | 64.2% |
| Chile | N/A | 0.7 | 1.8 | 1.8 | 60.4% |
| Singapore | 2.1 | 6.7 | 6.8 | 1.6 | -8.7% |
| Others | 5.7 | 4.6 | 7.0 | 5.5 | -1.2% |
| Total | 53.8 | 40.0 | 52.1 | 67.8 | 8.0% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Indonesia in 2022:
- United States (2084.0 units)
- Thailand (1163.0 units)
- Philippines (784.0 units)
- Australia (621.0 units)
- Belgium (579.0 units)
- South Africa (434.0 units)
- Cambodia (309.0 units)
- Chile (303.0 units)
- Singapore (207.0 units)
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