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Indonesia optical instruments market turnover forecast to increase by a total of 53% over the period 2013 to 2018

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Optical Instruments and Photographic Equipment in Indonesia: ISIC 332 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-01 08:12:04
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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