Indonesia - Iron or Steel Cans For Food And Drink - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Iron or Steel Can in Indonesia - 2022
Contents:
- Price for Iron or Steel Can in Indonesia (CIF) - 2022
- Price for Iron or Steel Can in Indonesia (FOB) - 2022
- Imports of Iron or Steel Can in Indonesia
- Exports of Iron or Steel Can in Indonesia
Price for Iron or Steel Can in Indonesia (CIF) - 2022
In March 2022, the average iron or steel can import price amounted to $276 per thousand units, remaining relatively unchanged against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in May 2021 when the average import price increased by 26% against the previous month. Over the period under review, average import prices hit record highs at $308 per thousand units in October 2021; however, from November 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 Thailand ($436 per thousand units), while the price for Malaysia ($194 per thousand units) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Can in Indonesia (FOB) - 2022
In March 2022, the average iron or steel can export price amounted to $287 per thousand units, shrinking by -6.3% against the previous month. Over the period under review, export price indicated a notable increase from March 2021 to March 2022: its price increased at an average monthly rate of +4.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, iron or steel can export price decreased by -6.3% against February 2022 indices. The most prominent rate of growth was recorded in October 2021 an increase of 35% against the previous month. The export price peaked at $307 per thousand units in February 2022, and then dropped in the following month.
Average prices varied somewhat for the major export markets. In March 2022, the country with the highest price was Vietnam ($324 per thousand units), while the average price for exports to China ($228 per thousand units) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Can in Indonesia
In 2022, purchases abroad of iron or steel cans decreased by -20.1% to 53M units, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 77%. As a result, imports attained the peak of 71M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, iron or steel can imports reached $16M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.8% 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 +89.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 51% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Iron or Steel Can in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.3 | 8.1 | 10.2 | 10.2 | 33.4% |
Thailand | 2.8 | 3.2 | 4.7 | 4.7 | 18.8% |
Malaysia | 0.8 | 0.9 | 0.7 | 0.8 | 0.0% |
Others | 0.5 | 0.5 | 0.3 | 0.4 | -7.2% |
Total | 8.4 | 12.7 | 15.9 | 16.0 | 24.0% |
Top Suppliers of Iron or Steel Can to Indonesia in 2022:
- China (35.0M units)
- Thailand (13.1M units)
- Malaysia (4.6M units)
Exports of Iron or Steel Can in Indonesia
In 2022, the amount of iron or steel cans exported from Indonesia surged to 30M units, increasing by 91% on the year before. In general, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, iron or steel can exports surged to $7.4M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Iron or Steel Can in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Papua New Guinea | 1,297 | 457 | 521 | 2,313 | 21.3% |
Vietnam | 411 | 334 | 294 | 1,048 | 36.6% |
Mauritius | 181 | 411 | 303 | 925 | 72.2% |
Malaysia | 0.2 | 1.0 | 175 | 535 | 1288.2% |
Taiwan (Chinese) | 222 | 181 | 123 | 531 | 33.7% |
Singapore | 430 | 9.8 | 14.1 | 468 | 2.9% |
China | 33.1 | 69.1 | 109 | 335 | 116.3% |
Japan | 273 | 2.4 | 0.6 | 285 | 1.4% |
Philippines | 126 | 86.0 | 61.5 | 276 | 29.9% |
Sweden | 583 | N/A | N/A | N/A | 0% |
India | N/A | 667 | 1,573 | N/A | 135.8% |
Others | 296 | 117 | 330 | 695 | 32.9% |
Total | 3,853 | 2,336 | 3,505 | 7,412 | 24.4% |
Top Export Markets for Iron or Steel Can from Indonesia in 2022:
- Mauritius (7.8M units)
- Papua New Guinea (6.7M units)
- Singapore (3.5M units)
- Vietnam (2.5M units)
- Malaysia (2.0M units)
- China (2.0M units)
- Taiwan (Chinese) (1.9M units)
- Philippines (1.0M units)
- Japan (0.8M units)
This report provides an in-depth analysis of the market for iron or steel can in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25921133 - Cans used for preserving food and drink of iron or steel, < .50 l, food cans
- Prodcom 25921135 - Cans used for preserving food and drink of iron or steel, < .50 l, drinks
- Prodcom 25921150 - Cans other than for preserving food and drink of iron or steel, < .50 l
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for iron or steel can in Indonesia.
This report provides an in-depth analysis of the container market in Indonesia.
This report provides an in-depth analysis of the global market for iron or steel can.
This report provides an in-depth analysis of the global container market.
This report provides an in-depth analysis of the market for iron or steel can in Indonesia.
This report provides an in-depth analysis of the container market in Indonesia.
This report provides an in-depth analysis of the global market for iron or steel can.
This report provides an in-depth analysis of the global container market.
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