Furniture exports accounted for around 8% of Bali’s total exports for the period. The export of furniture is one of the 14 major export products for the province.
Competition eating into Indonesia’s market share
The Indonesian Chamber of Commerce has expressed concern that Indonesia is losing market share in its trade with the EU. It added that stiff competition from China, India, Thailand and Vietnam is cutting into Indonesia’s market share in the EU market.
Meanwhile, on the same note, Indonesia and the EU have agreed to commence negotiations that will lead to a free trade agreement (FTA) between the two.
The EU is currently undertaking similar negotiation with several other Asian countries, including Japan, Singapore and has just concluded an FTA with South Korea.
The EU negotiating team has handed a list of recommendations to Indonesia for the negotiation of a Comprehensive Economic Partnership Agreement (CEPA). The FTA is expected to cover up to 95% of tariff lines and trade values over a period of nine years.
Indonesia logs, domestic prices | US$ per m³ | |
Plywood logs | Face Logs | 217-260 |
Core logs | 202-231 | |
Sawlogs (Meranti) | |
211-271 |
Falcata logs | |
181-216 ⇑ |
Rubberwood | |
91-95 |
Pine | |
190-233 ⇑ |
Mahoni (plantation mahogany) | |
494-524 |
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Indonesia Sawnwood Prices | ||
Indonesia, construction material, domestic | US$ per m³ | |
Kampar (Ex-mill) | AD 3x12-15x400cm | 203-222 ⇑ |
KD | 218-253 ⇑ | |
AD 3x20x400cm | 239-262 ⇑ | |
KD | 240-269 | |
Keruing (Ex-mill) | AD 3x12-15x400cm | 254-268 ⇑ |
AD 2x20x400cm | 242-260 ⇑ | |
AD 3x30x400cm | 225-244 ⇑ | |
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Indonesia Plywood Prices | ||
Indonesia
ply MR BB/CC, FOB |
US$ per m³ | |
2.7mm
|
426-482 | |
3mm
|
384-425 | |
6mm
|
363-405 | |
MR Plywood (Jakarta), domestic | ||
9mm
|
282-293 | |
12mm
|
274-243 | |
15mm
|
264-278 | |
|
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Other Indonesia Panel Prices | ||
Indonesia,
Other Panels, FOB |
US$ per m³ | |
Particleboard | Export 9-18 mm | 240-249 |
Domestic 9 mm | 220-232 | |
12-15mm | 214-226 | |
18mm | 210-22 | |
MDF | Export 12-18mm | 270-285 |
Domestic 12-18mm | 254-266 | |
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Indonesia Added Value Product Prices | ||
Indonesia,
Mouldings, FOB |
US$ per m³ | |
Laminated Boards Falcata wood | 322-335 | |
Red Meranti Mouldings 11x68/92mm x 7ft up | ||
|
Grade A | 515-546 |
Grade B | 470-493 |