The market is dominated by domestic suppliers, as imports account for 35.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 98.4% of total demand in 2022. Indonesia has the fifth largest market size for man-made fibres regionally, with demand reaching USD2.3 billion in 2022. Asia Pacific Fibers Tbk PT is the largest company in Indonesia, generating 22.3% of the industry’s total production value in 2022. The industry is fragmented, with the top two companies generating 33.5% of total production value in 2022. The total number of companies increases in 2022, to 668 units. The costs of the industry increase by 8.4% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 1.6% of production value in 2022, the 17th highest regionally. The industry’s exports share increases in 2022 to 34.6% of total production output. With production value of USD2.1 billion, Indonesia accounts for 1.6% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Man-made Fibres in Indonesia: ISIC 243. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Man-made Fibres in Indonesia: ISIC 243 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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