In 2021, the Indonesian market for pulley tackle and hoists powered by an electric motor decreased by -X% to $X, falling for the third consecutive year after three years of growth. In general, consumption saw a pronounced shrinkage. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.
After two years of decline, the overseas shipment of motor driven pulley blocks and hoists increased by X% to X units in 2021. However, on the whole, exports fell sharply. In 2015, the export increased by X%, with the most obvious growth rate. During the reporting period, the export reached the maximum of X sets in 2013; However, from 2014 to 2021, exports failed to recover momentum.
In terms of value, the export of pulley skids and hoists driven by electric motors surge to $X in 2021. However, during the reporting period, exports declined significantly. The fastest growth rate was in 2015, with exports growing by X% year on year. During the reporting period, exports peaked at $X in 2013; However, from 2014 to 2021, exports have remained at a low level.
Singapore (X set) is the main export destination of pulley blocks and hoists driven by Indonesian motors. X% of the total export share.
From 2012 to 2021, the average annual growth rate of trade volume to Singapore is - X%. In terms of value, Singapore (US $X) remains the main overseas market for electric motor driven pulley skids and hoists exported from Indonesia.
From 2012 to 2021, the average annual growth rate of value to Singapore is - X%.
In 2021, the foreign supply of motor-driven pulley blocks and hoists decrease by - X% to X units, dropping for the third consecutive year after three consecutive years of growth. On the whole, the import trend is relatively stable. The fastest growth rate was X% in 2017. During the reporting period, the import reached the maximum of X sets in 2018; However, from 2019 to 2021, the number of imports has declined.
In terms of value, the import of pulley blocks, skids and hoists driven by electric motors drop to $X in 2021. Imports continued to decline significantly during the reporting period. The most significant growth rate was X% in 2018. During the reporting period, imports reached the peak figure of US $X in 2013; However, from 2014 to 2021, imports remain at a low level.
In 2021, China (X sets) become the largest supplier of pulley blocks and electric hoists in Indonesia, accounting for X% of total imports. In addition, the pulley block and motor driven hoist imported from China are 6 times more than those from Nhật bản (X sets), the second largest supplier. South Korea (Taiwan X) ranks third in total imports with X% share.
From 2012 to 2021, the average annual growth rate of exports from China is+X%. The average annual import growth rate of the remaining supplier countries is as follows: Japan (- X% per year) and South Korea (+X% per year). In terms of value, China (USD X) is the largest supplier of pulley blocks and electric hoists in Indonesia, accounting for X% of Indonesia's total imports. The second place is Japan (US $X), accounting for X% of the total import. This was followed by Đức, with a share of X%.
From 2012 to 2021, the average annual growth rate of value from China total+X%. The average annual import growth rate of the remaining supplier countries is as follows: Japan (- X% per year) and Germany (- X% per year).
In value terms, China constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Indonesia, comprising 46% of total imports. The second position in the ranking was held by Japan, with an 18% share of total imports. It was followed by Germany, with a 12% share.
In value terms, Singapore remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Indonesia.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $81 per unit, which is down by -59.6% against the previous year.
The average import price for pulley tackle and hoists powered by an electric motor stood at $13 per unit in 2021, increasing by 9.2% against the previous year.
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