The market is dominated by foreign suppliers, as imports account for 60.7% of total market size in 2023. B2B drives market demand, with B2B spending representing 96.6% of total demand in 2023. Indonesia has the sixth largest market size for weapons and ammunition regionally, with demand reaching USD304 million in 2023. Pindad PT is the largest company in Indonesia, generating 44.2% of the industry’s total production value in 2023. The industry is fragmented, with the top one company generating 44.2% of total production value in 2023. The total number of companies decreases in 2023, to 294 units. The costs of the industry increase by 2% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 30.5% of production value in 2023, the highest regionally. The industry’s exports share increases in 2023 to 5.1% of total production output. With production value of USD118 million, Indonesia accounts for 0.6% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Weapons and Ammunition in Indonesia: ISIC 2927. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Weapons and Ammunition in Indonesia: ISIC 2927 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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