Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Indonesia - 2022
Contents:
- Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Indonesia (CIF) - 2022
- Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Indonesia (FOB) - 2022
- Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Indonesia
- Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Indonesia
Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Indonesia (CIF) - 2022
The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.3 per unit in 2022, jumping by 21% against the previous year. Over the period under review, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 107%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($0.6 per unit), while the price for China ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Indonesia (FOB) - 2022
In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $75 per thousand units, increasing by 7.3% against the previous year. In general, the export price enjoyed a prominent increase. The growth pace was the most rapid in 2017 an increase of 291% against the previous year. The export price peaked at $97 per thousand units in 2019; however, from 2020 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 Denmark ($136 per thousand units), while the average price for exports to Timor-Leste ($21 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+47.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Indonesia
In 2022, imports of millstones, grindstones, grinding wheels and the like; of natural stones into Indonesia reduced markedly to 3.9M units, dropping by -22.7% against 2021 figures. In general, imports continue to indicate a precipitous descent. The smallest decline of -22.4% was in 2021. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones reached the maximum at 17M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones fell to $1.3M in 2022. Overall, imports continue to indicate a sharp downturn. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones hit record highs at $4.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 519 | 378 | 499 | 421 | -6.7% |
| Singapore | 86.4 | 142 | 134 | 262 | 44.7% |
| Malaysia | 355 | 345 | 361 | 251 | -10.9% |
| Taiwan (Chinese) | 90.9 | 102 | 85.0 | 99.5 | 3.1% |
| Thailand | 2,538 | 207 | 31.5 | 0.1 | -96.6% |
| Others | 765 | 444 | 307 | 289 | -27.7% |
| Total | 4,354 | 1,617 | 1,417 | 1,322 | -32.8% |
Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Indonesia in 2022:
- China (2187.1K units)
- Singapore (715.2K units)
- Malaysia (446.9K units)
- Taiwan (Chinese) (386.6K units)
- Thailand (0.3K units)
Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Indonesia
After three years of growth, shipments abroad of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -33.4% to 4.6M units in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 86% against the previous year. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones hit record highs at 7M units in 2021, and then declined significantly in the following year.
In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones fell markedly to $351K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. The exports peaked at $491K in 2021, and then contracted dramatically in the following year.
| Export of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | 14.0 | 1.1 | 0.8 | 67.0 | 68.5% |
| Germany | 48.2 | 84.2 | 96.4 | 38.1 | -7.5% |
| Denmark | 7.5 | 29.4 | 66.6 | 37.1 | 70.4% |
| United States | 39.2 | 32.3 | 11.1 | 30.4 | -8.1% |
| United Arab Emirates | N/A | 0.9 | 7.1 | 29.6 | 473.5% |
| Sweden | 7.6 | 11.6 | 18.3 | 15.6 | 27.1% |
| Italy | 0.3 | N/A | 7.1 | 14.4 | 263.4% |
| Saudi Arabia | N/A | N/A | 12.4 | 11.6 | -6.5% |
| Timor-Leste | 0.3 | 0.1 | 0.1 | 8.9 | 209.6% |
| Japan | N/A | 2.5 | 21.8 | 8.4 | 83.3% |
| Greece | 11.5 | 27.8 | 19.8 | 8.3 | -10.3% |
| Israel | 0.4 | 17.5 | 6.0 | 8.2 | 173.7% |
| Mexico | N/A | 0.5 | N/A | 3.9 | 179.3% |
| Others | 122 | 144 | 224 | 69.4 | -17.1% |
| Total | 251 | 352 | 491 | 351 | 11.8% |
Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Indonesia in 2022:
- Mauritius (1103.8K units)
- Germany (493.2K units)
- Timor-Leste (428.8K units)
- United Arab Emirates (424.5K units)
- United States (407.5K units)
- Japan (288.9K units)
- Denmark (272.4K units)
- Saudi Arabia (205.1K units)
- Sweden (171.4K units)
- Italy (170.9K units)
- Israel (99.5K units)
- Greece (91.2K units)
- Mexico (73.5K units)
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