The market is dominated by domestic suppliers, as imports account for 9.6% of total market size in 2022. Households drive market demand, with household spending representing 75.5% of total demand in 2022. Indonesia has the 11th largest market size for optical instruments and photographic equipment regionally, with demand reaching USD598 million in 2022. Nittoh Presisi Indonesia Pt is the largest company in Indonesia, generating 4.6% of the industry’s total production value in 2022. The industry is fragmented, with the top three companies generating 9.1% of total production value in 2022. The total number of companies increases in 2022, to 48 units. The costs of the industry increase by 8.7% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 40.4% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 25.5% of total production output. With production value of USD656 million, Indonesia accounts for 1.3% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Optical Instruments and Photographic Equipment in Indonesia: ISIC 332. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Optical Instruments and Photographic Equipment in Indonesia: ISIC 332 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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