2014-02-03 09:38:03 - Machinery for Metallurgy in Indonesia: ISIC 2923 - a new market research report on companiesandmarkets.com
Over 2007-2012 review period Indonesian market for metallurgical machinery demonstrates strong 220% increase, fuelled by growth in domestic mining, automotive and construction industries.
Around 15% of market is imported in 2012, with Austria, Japan and China the principal trade partners. Domestic output amounts to Rp14.5 trillion in 2012, with metallurgical equipment parts generating 63% of revenue.
Indonesian producers export less than 1% of output, mostly to other Asian economies such as Thailand, Japan and Malaysia. Industry turnover projected to grow by around 16% per year over 2013-2018, amounting to Rp34.6 trillion at end of forecast period.
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