The market is dominated by foreign suppliers, as imports account for 60.9% of total market size in 2023. Households drive market demand, with household spending representing 96.7% of total demand in 2023. Indonesia has the 13th largest market size for jewellery and related articles regionally, with demand reaching USD287 million in 2023. Eka ESGEJE PT is the largest company in Indonesia, generating 5.9% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 11.2% of total production value in 2023. The total number of companies decreases in 2023, to 37,109 units. The costs of the industry decrease by 2.7% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 28.9% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 83.9% of total production output. With production value of USD611 million, Indonesia accounts for 0.4% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Jewellery and Related Articles in Indonesia: ISIC 3691. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Jewellery and Related Articles in Indonesia: ISIC 3691 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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