2025 Indonesia Precious Metal Scraps (HS 7112) Export: Market Shift
Key Takeaways
Precious Metal Scraps, classified under HS Code 7112 (Precious metals or scraps of precious metals; other scraps and scraps containing precious metals or precious metal compounds are mainly used to recover precious metals:), exhibited high volatility from January to September 2025.
- Market Pulse: Export value peaked at $6.91 million in May 2025 before collapsing to $3.94 million by September, as weight volumes surged 400% while unit prices dropped 78%.
- Structural Shift: The Indonesia Precious Metal Scraps Export market is dangerously concentrated, with Japan absorbing 74.57% of total value and key buyers controlling 87.10% of trade.
- Product Logic: HS Code 7112 trade data reveals a premium-driven market, where gold scrap (65.4% of exports) commands $48.9k/kg versus $71.64/kg for lower-grade materials.
This overview covers the period from January to September 2025 and is based on verified customs data from the yTrade database.
Indonesia Precious Metal Scraps (HS Code 7112) Key Metrics Trend
Market Trend Summary
The Indonesia Precious Metal Scraps Export trend from January to September 2025 displayed pronounced volatility, characterized by a sharp value surge in May followed by a pivot towards massive weight increases at drastically lower unit prices in August and September. Export value peaked at $6.91 million in May, driven by a 200% month-on-month unit price jump, but then declined to $3.94 million by September as weight volumes exploded over 400% while prices collapsed 78%.
Drivers & Industry Context
This volatility aligns closely with Indonesia's March 2025 regulatory shifts, specifically Permendag 8/2025 and Government Regulation 8/2025, which tightened export controls and mandated 100% onshoring of proceeds for natural resource products like HS Code 7112 [Permitindo, Orrick]. The May value spike likely reflects pre-regulation stockpiling or rushed high-value shipments, while the subsequent weight surge at low prices suggests exporters shifted to bulk, lower-quality scrap to maintain liquidity under the new banking rules, depressing the overall hs code 7112 value derived from each unit.
Table: Indonesia Precious Metal Scraps Export Trend (Source: yTrade)
| Date | Value | Weight | Unit Price | Value MoM | Weight MoM | Unit Price MoM |
|---|---|---|---|---|---|---|
| 2025-01-01 | 2.86M USD | 4.35K kg | $658.07/kg | N/A | N/A | N/A |
| 2025-02-01 | 2.84M USD | 4.79K kg | $592.83/kg | -0.67% | +10.26% | -9.91% |
| 2025-03-01 | 2.90M USD | 4.74K kg | $612.91/kg | +2.11% | -1.23% | +3.39% |
| 2025-04-01 | 2.28M USD | 4.44K kg | $513.11/kg | -21.57% | -6.32% | -16.28% |
| 2025-05-01 | 6.91M USD | 4.49K kg | $1540.82/kg | +203.63% | +1.11% | +200.29% |
| 2025-06-01 | 3.26M USD | 4.38K kg | $744.49/kg | -52.81% | -2.34% | -51.68% |
| 2025-07-01 | 3.06M USD | 6.27K kg | $488.72/kg | -6.03% | +43.15% | -34.35% |
| 2025-08-01 | 3.55M USD | 13.28K kg | $266.88/kg | +15.68% | +111.84% | -45.39% |
| 2025-09-01 | 3.94M USD | 66.95K kg | $58.79/kg | +11.01% | +404.00% | -77.97% |
Get Indonesia Precious Metal Scraps Data Latest Updates
Indonesia HS Code 7112 Export Breakdown
Market Composition & Top Categories
According to yTrade data, Indonesia's HS Code 7112 export market for precious metal scraps is dominated by gold scrap, which accounted for 65.4% of the total export value in the first three quarters of 2025. The remaining trade is split between platinum scrap and other precious metal scrap, which together represent the balance of the market. This Indonesia HS Code 7112 export structure highlights a clear focus on high-value gold recovery.
Value Chain & Strategic Insights
The extreme unit price disparity—from $48.9k/kg for gold scrap to just $71.64/kg for other precious metal scrap—defines the market's logic. This HS Code 7112 breakdown reveals a specialized, quality-sensitive trade rather than a commodity market, where product composition dictates price. Exporters must precisely sort and grade materials to capture maximum value in this trade structure.
Table: Indonesia HS Code 7112) Export Breakdown Details (Source: yTrade)
| HS Code | Product Description | Value | Frequency | Quantity | Weight |
|---|---|---|---|---|---|
| 711291** | Waste and scrap of precious metals; of gold, including metal clad with gold but excluding sweepings containing other precious metals | 20.65M | 82.00 | 211.19K | 422.47 |
| 711299** | Waste and scrap of precious metals; waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds | 5.82M | 92.00 | 2.74M | 81.21K |
| 711292** | Waste and scrap of precious metals; of platinum, including metal clad with platinum but excluding sweepings containing other precious metals | 5.13M | 37.00 | 25.94K | 32.05K |
| 7112** | ******** | ******** | ******** | ******** | ******** |
Check Detailed HS Code 7112 Breakdown
Indonesia Precious Metal Scraps Destination Countries
Geographic Concentration & Market Risk
Japan dominates Indonesia's Precious Metal Scraps export destinations, accounting for 74.57% of total value from January to September 2025. This overwhelming reliance on a single market introduces significant supply chain vulnerability. The next largest partners, Germany and Thailand, hold only 11.36% and 5.64% value shares respectively, offering minimal market diversification. This extreme concentration indicates that Indonesia's scrap metal export revenue is critically dependent on Japanese industrial demand.
Purchasing Behavior & Demand Segmentation
Japan's purchasing profile reveals a market focused on margin, not volume. Its value share (74.57%) is over seven times its weight share (10.26%), signaling a premium market paying top dollar for high-value, concentrated materials. This stark value-volume gap points to quality-conscious demand for specific, high-purity scrap from Japan's advanced electronics and automotive sectors. The trade pattern for Precious Metal Scraps from Indonesia to Japan is defined by its high margin potential rather than bulk scale.
Table: Indonesia Precious Metal Scraps (HS Code 7112) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| JAPAN | 23.56M | 1.66M | 103.00 | 11.66K |
| GERMANY | 3.59M | 38.00 | 4.00 | 6.16K |
| THAILAND | 1.78M | 1.23M | 56.00 | 1.23K |
| MALAYSIA | 952.20K | 484.00 | 13.00 | 8.75K |
| UNITED KINGDOM | 607.37K | 1.19K | 3.00 | 1.20K |
| SOUTH KOREA | ****** | ****** | ****** | ****** |
Get Indonesia Precious Metal Scraps (HS Code 7112) Complete Destination Countries Profile
Indonesia Precious Metal Scraps Buyer Companies Analysis
Buyer Concentration & Market Structure
According to yTrade data, the Indonesia Precious Metal Scraps buyers market is overwhelmingly dominated by key accounts, who represent 87.10% of total export value. These high-volume repeaters operate stable, contract-based supply chains, as shown by their 91.47% share of all transactions. This concentration indicates a mature export channel where long-term relationships dictate trade flows for HS Code 7112.
Purchasing Behavior & Sales Strategy
Sellers should prioritize relationship management with these key accounts through contract negotiations and value-added services to secure recurring orders. However, the high dependency on a few buyers creates concentration risk; losing one major client could significantly impact revenue. A new Indonesian regulation requiring exporters to retain 100% of proceeds domestically [Orrick] may complicate cash flow for these high-value transactions, necessitating closer banking coordination. Monitoring HS Code 7112 buyer trends for any diversification opportunities remains prudent to mitigate regulatory and client risks.
Table: Indonesia Precious Metal Scraps (HS Code 7112) Top Buyers List (Source: yTrade)
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| GENERGY CO.,LTD | 21.51M | 1.65M | 87.00 | 1.65K |
| UMICORE AG & CO. KG | 3.50M | 1.00 | 1.00 | 205.00 |
| MATSUDA SANGYO CO. LTD | 1.99M | 4.91K | 11.00 | 3.94K |
| HITAO TRADING LIMITED | ****** | ****** | ****** | ****** |
Check Full Indonesia Precious Metal Scraps Buyers list
Action Plan for Precious Metal Scraps Market Operation and Expansion
- Diversify buyer base: Reduce reliance on Japan (74.57% of exports) and key accounts (87.10% of trade) by targeting secondary markets like Germany and Thailand.
- Lock in contracts: Hedge against price volatility by securing fixed-term agreements with high-volume repeat buyers before regulatory shifts deepen.
- Upgrade sorting capabilities: Capture premium pricing by isolating high-purity gold scrap ($48.9k/kg) from bulk materials ($71.64/kg).
- Coordinate with banks: Preempt cash flow disruptions from Indonesia’s new 100% proceeds retention rule by aligning with compliant financial partners.
- Monitor regulatory triggers: Track enforcement of Permendag 8/2025 to anticipate further export control shocks.
Take Action Now —— Explore Indonesia Precious Metal Scraps HS Code 7112 Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Indonesia Precious Metal Scraps Export in 2025?
The volatility stems from regulatory shifts in March 2025, which triggered a May value spike (pre-regulation stockpiling) followed by a bulk-driven weight surge at lower prices to comply with new banking rules.
Q2. Who are the main destination countries of Indonesia Precious Metal Scraps (HS Code 7112) in 2025?
Japan dominates with 74.57% of export value, followed by Germany (11.36%) and Thailand (5.64%), reflecting extreme geographic concentration.
Q3. Why does the unit price differ across destination countries of Indonesia Precious Metal Scraps Export in 2025?
Prices vary due to product composition: gold scrap commands $48.9k/kg, while other precious metal scrap averages $71.64/kg, with Japan prioritizing high-value, concentrated materials.
Q4. What should exporters in Indonesia focus on in the current Precious Metal Scraps export market?
Prioritize contract stability with key accounts (87.1% of trade) while diversifying buyers and grades to mitigate regulatory and client concentration risks.
Q5. What does this Indonesia Precious Metal Scraps export pattern mean for buyers in partner countries?
Japanese buyers benefit from premium, high-purity scrap for advanced industries, but reliance on Indonesia creates supply chain vulnerability for all partners.
Q6. How is Precious Metal Scraps typically used in this trade flow?
Gold and platinum scraps are recovered for high-value applications, particularly in Japan’s electronics and automotive sectors, where material purity is critical.
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