Truck Crane Market in Indonesia
Market Overview
The Indonesian truck crane market soared to $
in , jumping 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). Overall, consumption posted significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
in , jumping 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). Overall, consumption posted significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.Consumption
In , after two years of decline, there was significant growth in consumption of truck cranes, when its volume increased by % to units. In general, consumption enjoyed significant growth. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.
The size of the truck crane market in Indonesia soared to $ in , surging 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 posted a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
, after two years of decline, there was significant growth in consumption of truck cranes, when its volume increased by % to units. In general, consumption enjoyed significant growth. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.The size of the truck crane market in Indonesia soared to $
in , surging 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 posted a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.Market Forecast
The truck crane market is expected to start a downward consumption trend over the next eight years. 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 units 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 units 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
Truck crane market in Indonesia consists almost entirely of imported products.
Trade Balance
Indonesia remains a net importer of truck crane; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, 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 units, 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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