Indonesia’s Aluminium household articles export market shows inconsistency during 2017-20

The Indonesian government has been in a continuous process to encourage increasing the production of domestic aluminium.

But still, the export market of Indonesia’s household articles has been inconsistent throughout 2017-19; as well the 2020 prediction has shown a steep slow down.

In 2017 the total export the aluminium household articles recorded 3978 tonnes and the foreign revenue generated stood at $14.33 million.

The export in 2018 captured de-growth of 16.26%, as the total volume of export, stood at 3330 tonnes. The revenue generation was reflected at $12.79 million, a steep fall of 21.34% on Y-o-Y.

In 2019 the export market of Indonesian aluminium household articles grew by 51.08% showing a positive trend after a long time, as the total export stood at 5031 tonnes. The total foreign revenue earned was recorded at $13.68 million. The fall of price has recorded as the increase in the export volume.

The estimated export volume for 2020 has been analysed at 3435 tonnes, a downfall of 31.72% from the preceding year, whereas the total revenue generation stood at $10.46 million.

The Indonesian export from 2017-20 has been showing at 15,777 tonnes and the foreign revenue earned is $51.26 million.

The mining giant country has been exporting aluminium household to various countries like USA, UK, Ukraine, Timor, Singapore, Russia, Malaysia, Italy, Germany, etc.