The market is dominated by domestic suppliers, as imports account for 29.2% of total market size in 2023. B2B drives market demand, with B2B spending representing 91.5% of total demand in 2023. Indonesia has the ninth largest market size for coating of metals and mechanical engineering regionally, with demand reaching USD832 million in 2023. Elektroplating Superindo Pt is the largest company in Indonesia, generating 17.3% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 61.5% of total production value in 2023. The total number of companies increases in 2023, to 13,743 units. The costs of the industry increase by 5.1% in 2023, largely driven by rising labour costs. The industry’s profitability increases and stands at 47.5% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 9.8% of total production output. With production value of USD573 million, Indonesia accounts for 0.7% of the Asia Pacific total in 2023.
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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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