Life-Jackets and Life-Belts Price in Indonesia - 2022
Contents:
- Life-Jackets and Life-Belts Price in Indonesia (CIF) - 2022
- Life-Jackets and Life-Belts Price in Indonesia (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Indonesia
- Life-Jackets and Life-Belts Exports in Indonesia
Life-Jackets and Life-Belts Price in Indonesia (CIF) - 2022
In 2022, the average life-jackets and life-belts import price amounted to $9,234 per ton, rising by 5.8% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, life-jackets and life-belts import price decreased by -11.0% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 46% against the previous year. As a result, import price reached the peak level of $10,452 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($9,349 per ton), while the price for Vietnam ($1,847 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Life-Jackets and Life-Belts Price in Indonesia (FOB) - 2022
In 2022, the average life-jackets and life-belts export price amounted to $59,363 per ton, approximately reflecting the previous year. In general, the export price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 91% against the previous year. Over the period under review, the average export prices attained the maximum at $60,040 per ton in 2021, and then contracted slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($386,400 per ton), while the average price for exports to Timor-Leste ($2,556 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 Hong Kong SAR (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.
Life-Jackets and Life-Belts Imports in Indonesia
In 2022, the amount of life-jackets and life-beltses imported into Indonesia surged to 185 tons, picking up by 24% on the previous year's figure. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period.
In value terms, life-jackets and life-belts imports skyrocketed to $1.7M in 2022. In general, imports, however, continue to indicate a perceptible curtailment.
| Import of Life-Jackets and Life-Belts in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 589 | 844 | 564 | 553 | -2.1% |
| Singapore | 170 | 118 | 42.7 | 461 | 39.4% |
| India | 32.0 | 105 | 22.0 | 97.7 | 45.1% |
| Taiwan (Chinese) | 90.0 | 155 | 45.8 | 77.9 | -4.7% |
| Vietnam | 16.6 | 19.9 | 25.2 | 20.7 | 7.6% |
| Others | 919 | 694 | 600 | 497 | -18.5% |
| Total | 1,817 | 1,936 | 1,300 | 1,707 | -2.1% |
Top Suppliers of Life-Jackets and Life-Belts to Indonesia in 2022:
- Singapore (70.2 tons)
- China (68.2 tons)
- Taiwan (Chinese) (11.7 tons)
- Vietnam (11.2 tons)
- India (10.4 tons)
Life-Jackets and Life-Belts Exports in Indonesia
In 2022, the amount of life-jackets and life-beltses exported from Indonesia fell sharply to 4.7 tons, which is down by -35.4% against the previous year's figure. Overall, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 239% against the previous year.
In value terms, life-jackets and life-belts exports reduced markedly to $276K in 2022. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 260% against the previous year. As a result, the exports attained the peak of $432K, and then declined markedly in the following year.
| Export of Life-Jackets and Life-Belts in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.3 | 0.1 | 77.9 | 57.1 | 475.2% |
| Italy | 45.2 | 71.1 | 159 | 56.1 | 7.5% |
| Norway | 67.9 | 4.4 | 44.9 | 27.5 | -26.0% |
| Cambodia | 17.9 | 5.6 | 21.5 | 15.8 | -4.1% |
| Singapore | 0.7 | 1.7 | 0.6 | 9.7 | 140.2% |
| Guinea | 7.0 | 2.2 | 8.4 | 6.2 | -4.0% |
| Vietnam | 2.4 | 1.0 | 6.9 | 4.2 | 20.5% |
| Austria | 2.2 | 0.9 | 4.0 | 2.5 | 4.4% |
| Timor-Leste | 0.5 | 0.4 | 1.3 | 0.8 | 17.0% |
| South Korea | 150 | 12.1 | 11.9 | 0.7 | -83.3% |
| Others | 63.2 | 20.6 | 95.3 | 95.5 | 14.8% |
| Total | 357 | 120 | 432 | 276 | -8.2% |
Top Export Markets for Life-Jackets and Life-Belts from Indonesia in 2022:
- Vietnam (1324.0 kg)
- Belgium (465.0 kg)
- Norway (365.0 kg)
- Guinea (336.0 kg)
- Singapore (318.0 kg)
- Timor-Leste (313.0 kg)
- Cambodia (176.0 kg)
- Italy (150.0 kg)
- Austria (75.0 kg)
- South Korea (7.0 kg)
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