Indonesia Jakarta International Pump And Valve Compressor Exhibition

Sep 26, 2019

Indonesia Jakarta International Pump and Valve Compressor Exhibition

 

Southeast Asia Annual Pump & Valve Fair

Indonesian Pump and Valve Compressor Exhibition PS Southeast Asia is the largest professional exhibition in the pump and valve industry in Southeast Asia. It is held annually by the famous Informa Exhibition Company. There is also the 2019 Indonesia International Refrigeration, Air Conditioning, Air Purification and Filtration Exhibition. (HVAC Indonesia). The last Indonesian International Pump and Valve Compressor Exhibition has a total area of 5,530 square meters, 200 exhibitors and nearly 4,530 visitors.

The exhibition has become the largest exhibition of pumps, valves, compressors, and systems in Southeast Asia. It plays an important role in the exhibition market and is the backbone of the Southeast Asian domestic market. As Indonesia's domestic demand for pumps, valves, compressors, and system equipment is increasing year by year, PS Southeast Asia continues to grow in size. By then, PS Southeast Asia2018 will gather industry technology and products to provide manufacturers with a business platform to showcase their products and technologies.

 

  Market analysis

Indonesia is the largest economy in Southeast Asia. Indonesia's current political situation is stable, its policies are open, and market demand is strong. With a population of 240 million and a huge consumption base, Indonesia is the largest market in Southeast Asia and one of the fastest growing economies after China and India. With the rapid economic growth, Indonesia has become one of the most attractive investment and trade regions in Southeast Asia. Among the world's wealthy industrialized countries and major emerging markets, Indonesia is the world's 18th largest economy before the country with the third fastest growing economy. In Asia, pump suppliers have multiple pocket opportunities, depending on national priorities. For example, in Indonesia, electricity consumption is expected to increase five-fold to 2030. This demand will have a significant impact on the pump industry, and the new infrastructure will need to provide sufficient supply. Indonesia's fluid machinery and equipment system is growing in market demand. The Indonesian government attaches great importance to mining, textiles, light industry, sewage treatment, etc. In order to keep pace with other Asian countries, Indonesia's fast-growing industry has increased its fluid pump, Huge demand for valves and compressors. Indonesia is an emerging market in Southeast Asia. In the past decade, bilateral trade between China and Indonesia has grown rapidly.

According to statistics from the Indonesian Statistical Office, in January-April 2017, the import and export volume of Indonesian goods was US$102.52 billion, an increase of 16.7% over the same period of the previous year (the same below). Among them, exports were 53.97 billion US dollars, up 19.7%; imports were 48.55 billion US dollars, up 13.5%. The trade surplus was 5.42 billion US dollars, an increase of 133.7%. From January to April, the import and export volume of bilateral goods between Indonesia and China was US$17.31 billion, an increase of 21.9%. Among them, Indonesia exported 6.8 billion U.S. dollars to China, an increase of 50.6%, accounting for 12.6% of its total exports; Indonesia imported 10.51 billion U.S. dollars from China, an increase of 8.5%, accounting for 21.6% of its total imports. Indonesia's trade deficit was 3.71 billion US dollars, down 28.3%. As of April, China is Indonesia's largest export market and source of imports, and is Indonesia's largest trading partner.