2025 Indonesia Stainless Steel Bars (HS 721891) Export: Volatile Surge
Key Takeaways
Stainless steel bars, classified under HS Code 721891 (Stainless steel; semi-finished products, rectangular (other than square) cross-section), exhibited high volatility from January to October 2025.
- Market Pulse: Export volumes swung sharply, with a 153% month-on-month surge in February followed by a 50% drop in June, peaking again in October at 161.20 million kg.
- Structural Shift: Indonesia Stainless steel bars Export relies heavily on India (54.26% of value), creating dependency risk, while buyer concentration shows 94.68% of trade controlled by repeat bulk purchasers.
- Product Logic: HS Code 721891 trade data reveals a commoditized market, with 84.6% of exports being uniform semi-finished products priced at $1.61/kg, leaving little room for premium differentiation.
This overview covers the period from January to October 2025 and is based on verified customs data from the yTrade database.
Indonesia Stainless Steel Bars (HS Code 721891) Key Metrics Trend
Market Trend Summary
Analyzing the trends in Indonesia's Stainless steel bars export from January to October 2025 reveals high volatility, with export weight surging 153% month-on-month in February to 102.59 million kg, followed by a 21% drop in April. After a sharp 50% decline in June, volumes recovered steadily, peaking again in October at 161.20 million kg, up 42% from September. Overall, the pattern shows cyclical swings rather than a steady trajectory.
Drivers & Industry Context
The value derived from HS Code 721891 fluctuated due to seasonal demand cycles in key markets like India, Indonesia's largest export destination for similar products in 2023 [OEC World]. No specific 2025 policy changes affected this code, as confirmed by trade monitoring (trade.gov), implying volatility stemmed from global inventory adjustments and raw material price shifts rather than regulatory impacts.
Table: Indonesia Stainless Steel Bars Export Trend (Source: yTrade)
| Date | Value | Weight | Unit Price | Value MoM | Weight MoM | Unit Price MoM |
|---|---|---|---|---|---|---|
| 2025-01-01 | 66.17M USD | 40.54M kg | $1.63/kg | N/A | N/A | N/A |
| 2025-02-01 | 167.64M USD | 102.59M kg | $1.63/kg | +153.34% | +153.05% | +0.12% |
| 2025-03-01 | 181.61M USD | 122.29M kg | $1.49/kg | +8.33% | +19.20% | -9.12% |
| 2025-04-01 | 152.00M USD | 96.15M kg | $1.58/kg | -16.30% | -21.37% | +6.45% |
| 2025-05-01 | 262.21M USD | 159.35M kg | $1.65/kg | +72.51% | +65.72% | +4.09% |
| 2025-06-01 | 134.04M USD | 79.52M kg | $1.69/kg | -48.88% | -50.10% | +2.44% |
| 2025-07-01 | 139.15M USD | 85.87M kg | $1.62/kg | +3.81% | +7.99% | -3.87% |
| 2025-08-01 | 158.48M USD | 100.51M kg | $1.58/kg | +13.89% | +17.04% | -2.69% |
| 2025-09-01 | 177.24M USD | 113.33M kg | $1.56/kg | +11.83% | +12.75% | -0.82% |
| 2025-10-01 | 262.35M USD | 161.20M kg | $1.63/kg | +48.02% | +42.25% | +4.06% |
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Indonesia HS Code 721891 Export Breakdown
Market Composition & Top Categories
Indonesia's export of stainless steel bars under HS Code 721891 is overwhelmingly dominated by semi-finished products of rectangular cross-section, which accounted for 84.6% of the total export value from January to October 2025. According to yTrade data, this single sub-category also represented 84.8% of the total weight shipped. The remaining exports under this Indonesia HS Code 721891 export consist of a minor sub-category of the same product form, contributing just 15.4% to total value.
Value Chain & Strategic Insights
The unit price for both sub-categories is nearly identical at approximately $1.61 USD per kilogram, indicating a homogenous, bulk-oriented product with little differentiation in quality or processing stage. This narrow price band confirms a classic commodity market where competition is driven by volume and cost efficiency rather than technical specialization or branding. For traders and analysts reviewing the HS Code 721891 breakdown, this trade structure suggests sensitivity to global raw material prices and logistics costs rather than value-added features.
Check Detailed HS Code 721891 Breakdown
Indonesia Stainless Steel Bars Destination Countries
Geographic Concentration & Market Risk
Indonesia's Stainless steel bars export destinations from January to October 2025 are heavily concentrated, with India accounting for 54.26% of total export value. This dominance highlights a significant market risk, as any economic or regulatory shifts in India could directly impact Indonesia's export stability. The lack of diversification among top partners underscores reliance on a single high-volume market.
Purchasing Behavior & Demand Segmentation
India's value ratio slightly exceeds its weight ratio (54.26 vs. 52.41), indicating quality-conscious demand for higher-value specifications and margin potential. The frequency ratio is lower than the weight ratio, confirming bulk-oriented shipments rather than fragmented retail patterns. Indonesia's trade partners for Stainless steel bars thus favor volume scale with opportunities for premium pricing.
Table: Indonesia Stainless Steel Bars (HS Code 721891) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| INDIA | 922.87M | 556.24K | 180.00 | 556.24M |
| ITALY | 323.59M | 211.04K | 50.00 | 211.04M |
| CHINA TAIWAN | 300.57M | 194.21K | 232.00 | 194.21M |
| CHINA MAINLAND | 79.15M | 50.88K | 23.00 | 50.88M |
| BELGIUM | 51.54M | 35.10K | 5.00 | 35.10M |
| SPAIN | ****** | ****** | ****** | ****** |
Get Indonesia Stainless Steel Bars (HS Code 721891) Complete Destination Countries Profile
Indonesia Stainless Steel Bars Buyer Companies Analysis
Buyer Concentration & Market Structure
According to yTrade data, the export market for Indonesia Stainless steel bars is heavily concentrated among high-volume repeaters, who held a 94.68% value share from January to October 2025. This dominance points to a stable, contract-based supply chain where key accounts like Kreasi Indah International Capital Pte. Ltd drive consistent bulk orders. The minimal presence of other buyer types underscores a market structured around reliable, long-term partnerships rather than sporadic trading.
Purchasing Behavior & Sales Strategy
The HS Code 721891 buyer trends reveal that purchasing behavior is characterized by frequent, high-value transactions, indicating deep integration into manufacturing or distribution networks. This concentration creates significant dependency risk if any major account shifts suppliers. To address this, focus on strengthening relationships with existing key clients through tailored service and negotiated long-term agreements, while monitoring for any regulatory changes that could impact export flows.
Table: Indonesia Stainless Steel Bars (HS Code 721891) Top Buyers List (Source: yTrade)
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| SEJAHTERA INTERNATIONAL PTE. LTD | 694.34M | 434.29K | 268.00 | 434.29M |
| HONG KONG RUI PU CO., LIMITED | 468.23M | 280.86K | 111.00 | 280.86M |
| SILVERWOOD RESOURCES SINGAPORE PTE.LTD | 175.99M | 108.75K | 83.00 | 108.75M |
| Kreasi Indah International Capital Pte. Ltd | ****** | ****** | ****** | ****** |
Check Full Indonesia Stainless Steel Bars Buyers list
Action Plan for Stainless Steel Bars Market Operation and Expansion
- Diversify export markets: Reduce reliance on India by targeting emerging Southeast Asian or African markets to mitigate geopolitical or demand shocks.
- Lock in long-term contracts: Secure agreements with top buyers like Kreasi Indah International to stabilize revenue amid volatile shipment volumes.
- Optimize logistics costs: Negotiate bulk shipping rates or explore regional warehousing to offset thin margins in this price-sensitive commodity trade.
- Monitor raw material trends: Track global nickel and chromium prices (key inputs for stainless steel) to anticipate cost pressures and adjust pricing strategies.
- Audit buyer portfolios: Identify and onboard mid-tier buyers to reduce dependency on a handful of high-volume accounts.
Take Action Now —— Explore Indonesia Stainless steel bars HS Code 721891 Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Indonesia Stainless steel bars Export in 2025?
The volatility stems from seasonal demand cycles in key markets like India, coupled with global inventory adjustments and raw material price shifts, rather than regulatory changes.
Q2. Who are the main destination countries of Indonesia Stainless steel bars (HS Code 721891) in 2025?
India dominates, accounting for 54.26% of Indonesia’s export value, with no other significant partners noted.
Q3. Why does the unit price differ across destination countries of Indonesia Stainless steel bars Export in 2025?
Prices are nearly uniform (~$1.61/kg) due to the bulk-oriented, commodity nature of semi-finished rectangular products, which make up 84.6% of exports.
Q4. What should exporters in Indonesia focus on in the current Stainless steel bars export market?
They should prioritize long-term contracts with high-volume buyers (94.68% of trade) while monitoring India’s economic shifts, given its outsized reliance.
Q5. What does this Indonesia Stainless steel bars export pattern mean for buyers in partner countries?
Buyers benefit from stable bulk supply but face dependency risks if Indonesia’s export capacity or India’s demand fluctuates sharply.
Q6. How is Stainless steel bars typically used in this trade flow?
The product is primarily semi-finished rectangular bars, indicating use in further manufacturing or industrial applications rather than retail.
Detailed Monthly and Quarterly Report
Indonesia HS Code 721891 Export Data Snapshot 2025 JAN
Indonesia HS Code 721891 Export Data Snapshot 2025 FEB
Indonesia HS Code 721891 Export Data Snapshot 2025 MAR
Indonesia HS Code 721891 Export Data Snapshot 2025 APR
Indonesia HS Code 721891 Export Data Snapshot 2025 MAY
Indonesia HS Code 721891 Export Data Snapshot 2025 JUN
Indonesia HS Code 721891 Export Data Snapshot 2025 JUL
Indonesia HS Code 721891 Export Data Snapshot 2025 AUG
Indonesia HS Code 721891 Export Data Snapshot 2025 SEP
Indonesia HS Code 721891 Export Data Snapshot 2025 Q1
Indonesia HS Code 721891 Export Data Snapshot 2025 Q2
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