Indonesia Jakarta International Hardware and Fastener Exhibition INDOFASTENER

Indonesia Jakarta International Hardware and Fastener Exhibition INDOFASTENER

Exhibition time: September 1st, 2024 to September 1st, 2024
Exhibition location:
Asia
Indonesia

Jakarta

Indonesia Jakarta International Expo
Exhibition Industry: Plumbing Hardware
Organizer: PT International Exhibition Jakarta, Indonesia PT Jakarta International Expo
Holding cycle: once a year

1. The Industrial Exhibition Quartet is held in conjunction with IndoFastener, IndoAutomotive, and IFMAC, providing a great venue for networking and business for professionals in the hardware industry.
2. The micro level of the market and the entire supply chain will participate in the exhibition, and visitors will receive first-hand information about the Indonesian hardware industry.
3. The global publicity benefits from the cooperation between IHS and more than seven different countries, including Australia, France, Germany, Italy, Japan, Russia, Taiwan, China and other international media.

market analysis

Indonesia has a population of 245 million, with over 10 million Chinese, making it the fourth most populous country in the world. Indonesia's geographical location is very important, located at the crossroads of Asia and Oceania, the Pacific and Indian Oceans, with influence radiating to ten Southeast Asian countries and facing Australia across the sea. The total number of middle-class people in Indonesia is expected to exceed 150 million, and Indonesia will become one of the attractive markets in the world. Indonesia is a country with a large economic output in Southeast Asia and the only Southeast Asian country in the OPEC organization. Indonesia has always held a leading position in ASEAN. It is expected that by 2020, Indonesia will become the twelfth largest economic power in the world. On June 15th, the Indonesian Central Bureau of Statistics released a trade report. From January to May 2017, Indonesia's foreign trade reached $130.63 billion, a year-on-year increase of 17.9%, with exports reaching $68.26 billion, a year-on-year increase of 19.9%, imports reaching $13.67 billion, a year-on-year increase of 11.4%, and a cumulative trade surplus of $5.90 billion. From January to May 2017, the trade volume of non oil and gas products between China and Indonesia reached 21.44 billion US dollars, a year-on-year increase of 25.1%; Among them, Indonesia's exports to China amounted to 7.77 billion US dollars, a year-on-year increase of 59.5%, accounting for 12.5% of Indonesia's total foreign exports and ranking first among Indonesia's export destinations; Indonesia imported 13.67 billion US dollars from China, a year-on-year increase of 11.4%, accounting for 26.1% of Indonesia's total imports and ranking first among Indonesian import sources. The Jakarta Special Administrative Region of Indonesia is also the political center, economic and commercial center, with manufacturing industries mainly distributed in the surrounding provinces of West Java, Banten, and East Java. This political and economic distribution determines the importance of the exhibition in Indonesia, which can be said to be a barometer of the domestic building materials and hardware market in Indonesia.

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