2014-02-03 09:57:01 - Optical Instruments and Photographic Equipment in Indonesia: ISIC 332 - a new market research report on companiesandmarkets.com
Market expands 6% since 2007; strong fluctuations in sales throughout review period. Import serves stable 27% of total market; China´s share of imports plunges from 23% to 8% over 2007-2012. Labour costs down 9% due to declining wages; profitability six percentage points up to 27% of turnover. 53% of local production exported in 2012; South Korea becomes second-largest foreign buyer after Singapore.
Turnover projected to climb 53% over forecast period; other photographic equipment producers to perform best.
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