Indonesia: Water & Industrial Pumps |
Tuesday, July 21, 2009 |
Imports dominate the Indonesian water and industrial pumps market, accounting for more than 90 percent of the total market. Japan, China, Singapore and Germany are the key competitors for U.S. exporters. The total market demand in 2006 for water and industrial pumps was $862 million. If the domestic and export markets remain stable, it is predicted that the growth of total domestic demand will increase by 10 to 15 percent annually over the next five years.
Indonesia: Water & Industrial Pumps. By Aulia Rochaini. September 30, 2007. U.S. Commercial Service. Indonesia’s water supply enterprises, waste water treatment and sewage plants, environmental industries, chemical petrochemical fertilizer, pulp and paper, food processing, palm oil, sugar, fertilizer, oil and gas companies are the largest markets for water and industrial pumps. Most local manufacturers in the industry can be characterized as small and medium size manufacturers and play a moderate role in Indonesia’s water and industrial pumps market. Imports will still be a major factor in the long run because local manufacturers are not yet capable of producing state-of-the art technology, conduct minimal research and need to invest in the new developments of the sector. The 2006 total domestic market for water and industrial pumps was $862 million, with a total import of $778 million, local production of $213 million and exports of $129 million. If the domestic and export markets remain stable, it is predicted that the growth of total domestic demand will increase by 10 to 15 percent annually over the next five years. |