The market is dominated by domestic suppliers, as imports account for 33.9% of total market size in 2022. B2B drives market demand, with B2B spending representing 100% of total demand in 2022. Indonesia has the 10th largest market size for casting of metals regionally, with demand reaching USD434 million in 2022. Tri Sinar Purnama PT is the largest company in Indonesia, generating 34.8% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 96.8% of total production value in 2022. The total number of companies increases in 2022, to 793 units. The costs of the industry increase by 9.1% in 2022, largely driven by rising labour costs. The industry’s profitability decreases and stands at 17.4% of production value in 2022, the sixth highest regionally. The industry’s exports share increases in 2022 to 30.3% of total production output. With production value of USD361 million, Indonesia accounts for 0.2% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Casting of Metals in Indonesia: ISIC 273. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Casting of Metals in Indonesia: ISIC 273 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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