The market is dominated by foreign suppliers, as imports account for 56.8% of total market size in 2022. Investments drive market demand, with investments representing 47.3% of total demand in 2022. Indonesia has the 10th largest market size for agricultural and forestry machinery regionally, with demand reaching USD680 million in 2022. Karya Hidup Sentosa CV is the largest company in Indonesia, generating 25.6% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 50.5% of total production value in 2022. The total number of companies increases in 2022, to 212 units. The costs of the industry increase by 7.1% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 16.4% of production value in 2022, the sixth highest regionally. The industry’s exports share increases in 2022 to 13.0% of total production output. With production value of USD249 million, Indonesia accounts for 0.3% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Agricultural and Forestry Machinery in Indonesia: ISIC 2921. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Agricultural and Forestry Machinery in Indonesia: ISIC 2921 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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