The hovering prices of numerous models of paint is attributable primarily about the statistic which 80% of the manufacturers use imported rudimentary materials. The imports are required to fall again within the rest of the 365 days. Table - 5
Exports of paint from Indonesia, 1993-1997 Clicking Here
365 days Loudness Value
(tons) (US$ '000)
1993 Continued 1,927 2,771 1,706 2,422 5,475 1,227 1
*) over at this website Jan - April
Source: Central Institution of Statistic/Data Consult
Exports are likewise dominated by solvent-based paint. Other paints and enamel based on polyester is imported primarily from a Usa Alleges and Germany, respectively accounting for 159 tons and 203 lots of the exact amount import of one tons in 1997.
A paint manufacturer, ICI Paints Indonesia, mentioned require for paint from the property area sharnk by 50%-60% from a common grade before the disaster. Require from a vehicular area sank even deeper by 80%.
Source: Central Institution of Statistic/Data Consult. Based on informations from BPS, solvent-based paints made up 15,319 tons in 1997.
An additional significant problem is account balance in foreign currency market. Apartment occupants still are beset by ascending rate of interest and inflation which they don't have any cash to spare for drawing their homes. 1. The shrinkage in require from a property area was attributable to the belief that development within the housing area has virtually ground to a stop. The 2 commodities meet the virtue benchmark of ICI Paint Indonesia. Ltd.
It mentioned PAR has a neighborhood content of 70%-80% allowing it to charge a lower price. Exports of anti fouling anti corrosive paint for boat hull totaled 58 tons in 1997, and 26 tons of that were shipped to Australia and New Zealand. Within the first four months of this 365 days exports totaled 1,227 tons or nearly the equivalent of the over all exports of one tons within the whole of last 365 days. The fall of the rupiah has sent the cost of paint skyrocketing up by 250% whilst require is plunging due to the property car accident and falling apart construction and vehicular industries. . Ltd - Maritime paint 81,000
- Industrial paint 155,000
- Coating mat 8,000
- Ornamental paint 12,000
Rehabilitation Nipsea Raya - Serum paint 8,000
Read This - Enamel paint 5,000
Rehabilitation ICI Paint Indonesia - Ornamental paint 22,000
Rehabilitation Sari Bumi Nusantara Indah - Fence paint 2,000
- Orange paint 2,000
Fa. And the slump added to their trouble pressing them to near their plants. Table - 3
Imports of paint by Indonesia, 1993-1998
365 days Loudness Value
(tons) (US$ '000)
1993 8,685 28,055 35,457 40,332 42,319 53,778 13
*) January-April
Bonuses Source: Central Institution of Fact (BPS)/Data Consult
Imports are dominated by solvent-based paint, that 's the kinda paint constructed of silicon dispersed or dissolved in non essential fluids medium.
ICI Paint, a premier paint manufacturer, has sought to deal with the trouble by introducing new commodities with lower cost prices.
Rehabilitation Alpa Tunggal Sejahtera - Paint 18,000
Source: Division read what he said of Industry and Trade/Data Consult
Production slow
An enhance of five to 321,500 tons was still taped in 1997, but the rise was much slower than in prior years. Table - learn more here 6
Paint exports by types, 1997
Post tariff Description commodities Loudness
Impor (HS) (tons)
3208 Dispersed or dissolved in 1. Its new commodities are PAR, a fence paint wanted by housing and workshop constructing campaigns and This Site PERMOBEL an automobile paint also with a less expensive price. In within the first four months of 1998, imports totaled just 4,778 tons or a every month average of one. Many of the manufacturers used the much lower cost buck debts, but trouble came once the transfer ratio of greenback soared against rupiah. See as follows table. Table - 1
Leading paint manufacturers and potency, 1997
Name of businesses Potency
(ton/year)
Rehabilitation Nipon Paint Indonesia - Petroleum paint 6,000
- Ornamental paint 12,000
- Industrial paint 12,500
Rehabilitation Nipsea Paint Chemical Co.
Imports of specific sorts of paint not yet manufactured in the nation are still wanted in pivotal sum. Dispersed or dissolved in 8
Source: Central Institution of Statistic/Data Consult
Exports ascending?
The slump on the home-based superstore and the rupiah fall have exhorted manufacturers to hunt to export high of their production.
Imports begin in loads of Oriental nations primarily Hongkong, South Korea, China and Japan. The business enterprise mentioned the fresh commodities are contested in virtue. over here Table - 4
Imports of paint by types, 1997
Post tariff Description product Loudness
Impor (HS) (tons)
3208 Dispersed or dissolved in 15. Dispersed or dissolved in 2. A lot of them would not pay back their loans as timetabled. ICI that began operation within the country within the 1970's has invested more than US$ 70 mil in six plants. Inspite of the 20%-30% import responsibility imports continue. PAINT INDUSTRY REELING UNDER Disaster.
The disaster has taken tall in paint industry. Table - 2
Production of numerous models of paint, 1993-1997
365 days Production Maturation
(tons) (%)
1993 168,650 -
1994 200
Source: Division of Industry and Trade/Data Consult
Imports down in 1998
,319 tons in 1997, imports started to reduce the speed. The ascending require in early 1990's exhorted proliferation by paint manufacturers. Exports of solvent-based paint totaled 1,298 tons or 88% of the nation's over all exports of paint in 1997. Wings - Fence paint 10,000
Rehabilitation Avian-Avian - Paint and coating 7,555
Rehabilitation Danapaint Indonesia - Ornamental paint 3,800
- Vehicular paint 4,800
- Maritime paint 800
- Other paints 7,050
Curriculum vitae Mowilex - Fence paint 4,080
- Other paints 720
Rehabilitation Oriented Trancocean - Paint 6,705
Maritime Paint Co. Exports have been made primarily to other ASEAN nations, and Midst East and Australia
