Non-Reinforced Rubber Tubing Market in Indonesia
Market Overview
In 
, the Indonesian non-reinforced rubber tubing market was finally on the rise to reach $ after two years of decline. In general, consumption recorded pronounced growth. Non-reinforced rubber tubing consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.
, the Indonesian non-reinforced rubber tubing market was finally on the rise to reach $ after two years of decline. In general, consumption recorded pronounced growth. Non-reinforced rubber tubing consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.Consumption
In , approx. tons of rubber tubing not reinforced were consumed in Indonesia; dropping by -% compared with figures. In general, consumption, however, recorded a measured increase. Over the period under review, consumption attained the maximum volume at tons in 2013; however, from 2014 to , consumption failed to regain momentum.
The revenue of the non-reinforced rubber tubing market in Indonesia contracted slightly to $ in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate tangible growth. Over the period under review, the market attained the maximum level at $ in 2013; however, from 2014 to , consumption remained at a lower figure.
, approx. tons of rubber tubing not reinforced were consumed in Indonesia; dropping by -% compared with figures. In general, consumption, however, recorded a measured increase. Over the period under review, consumption attained the maximum volume at tons in 2013; however, from 2014 to , consumption failed to regain momentum.The revenue of the non-reinforced rubber tubing market in Indonesia contracted slightly to $
in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate tangible growth. Over the period under review, the market attained the maximum level at $ in 2013; however, from 2014 to , consumption remained at a lower figure.Market Forecast
The non-reinforced rubber tubing market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Non-reinforced rubber tubing market in Indonesia consists almost entirely of imported products.
Trade Balance
Indonesia remains a net importer of non-reinforced rubber tubing; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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