Indonesia Aluminum Doors And Windows Market Shipment Analysis
Indonesia Aluminum Doors And Windows Market registered a decline of -15.24% in value shipments in 2021 as compared to 2020 and a decrease of -6.58% CAGR in 2021 over a period of 2017. In Aluminum Doors And Windows Market Indonesia is becoming more competitive as the HHI index in 2021 was 5352 while in 2017 it was 6095. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Indonesia has reportedly relied more on imports to meet its growing demand in Aluminum Doors And Windows Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Aluminum Doors And Windows Market in 2021 was 1.8 while in 2017 it was 3.23. China, South Korea, Singapore, Malaysia and Myanmar were among the top players of the market in 2021, where China acquired the largest market share of 72.46% with a shipment value of 15.44 million USD in 2022 China also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Aluminum Doors And Windows Market. In 2017 China had the largest market share of 77.57% with the shipment value of 27.4 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.
