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Indonesia bearings, gears market reported 36% import share in 2012

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Bearings, Gears, and Driving Elements in Indonesia: ISIC 2913 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-01 05:20:01
23% annual surge in total market from 2007; automotive manufacturers fuel demand. 36% of demand served by imports; half of foreign production comes from Japan. Exports´ share of total output falls to 8% in 2012; Singapore receives over a third of Indonesian exports. Labour costs account for only 2% of total expenses, profit margin expands four percentage points to 18% of turnover.

13% annual growth in local producers´ revenue expected over period to 2018; gears, gearing and other driving elements category to develop faster.

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