The market is dominated by domestic suppliers, as imports account for 30.6% of total market size in 2022. B2B drives market demand, with B2B spending representing 91.0% of total demand in 2022. Indonesia has the 10th largest market size for coating of metals and mechanical engineering regionally, with demand reaching USD623 million in 2022. Elektroplating Superindo Pt is the largest company in Indonesia, generating 16.2% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 57.7% of total production value in 2022. The total number of companies increases in 2022, to 16,126 units. The costs of the industry increase by 7.5% in 2022, largely driven by rising labour costs. The industry’s profitability increases and stands at 44.8% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 10.1% of total production output. With production value of USD422 million, Indonesia accounts for 0.5% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Coating of Metals and Mechanical Engineering in Indonesia: ISIC 2892. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coating of Metals and Mechanical Engineering in Indonesia: ISIC 2892 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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