Indonesia Stainless Steel Bars HS721891 Export Data 2025 Q1 Overview
Indonesia Stainless Steel Bars (HS 721891) 2025 Q1 Export: Key Takeaways
Indonesia’s stainless steel bars (HS Code 721891) exports in 2025 Q1 reveal a bulk-commodity structure, with India dominating as the top buyer at 44.4% of total value, signaling high market concentration risk. Italy follows as a key secondary market, while regional Asian processors like Taiwan and China show moderate but higher-value demand. The data confirms competitive pricing at $1.59/kg, reflecting Indonesia’s role as a cost-efficient supplier in a stable yet concentrated trade flow. This analysis covers 2025 Q1 and is based on cleanly processed Customs data from the yTrade database.
Indonesia Stainless Steel Bars (HS 721891) 2025 Q1 Export Background
Indonesia’s stainless steel bars (HS Code 721891) are semi-finished, rectangular cross-section products critical for construction, automotive, and manufacturing industries, ensuring steady global demand. Despite recent updates to Indonesia’s export-banned commodities list under MOF Decree No. 6/KM.4/2025, HS 721891 remains unaffected, reinforcing the country’s role as the world’s top stainless steel exporter [SSEK]. In Q1 2025, Indonesia’s export strength in this category continues, backed by its dominant production capacity and competitive trade flows to key markets like South Korea [TradeImeX].
Indonesia Stainless Steel Bars (HS 721891) 2025 Q1 Export: Trend Summary
Key Observations
In Q1 2025, Indonesia's exports of Stainless steel bars under HS Code 721891 totaled approximately 415 million USD in value and 265 million kg in volume, demonstrating robust performance from the start of the year.
Price and Volume Dynamics
Exports showed significant month-over-month growth, with value surging by over 150% from January to February, likely driven by typical post-holiday industrial demand pickup and inventory replenishment cycles common in metal manufacturing. The pace moderated in March with a more modest increase, indicating a return to steadier export rhythms as quarterly orders stabilized.
External Context and Outlook
This upward trend is reinforced by Indonesia's dominant position as the top global exporter of stainless steel, with no export restrictions imposed on HS Code 721891 in early 2025 [inassda.org]. Stable trade policies and strong international demand, particularly from key markets like South Korea (tradeimex.in), support a positive outlook for Indonesia Stainless steel bars exports through 2025.
Indonesia Stainless Steel Bars (HS 721891) 2025 Q1 Export: HS Code Breakdown
Product Specialization and Concentration
In Q1 2025, Indonesia's export of stainless steel bars under HS Code 721891 is entirely concentrated on a single product: semi-finished stainless steel products of rectangular cross-section, with a unit price of 1.57 USD per kilogram. This high specialization, with no other sub-codes present, indicates a focused export strategy for bulk semi-finished goods from Indonesia.
Value-Chain Structure and Grade Analysis
The market structure for Indonesia Stainless steel bars HS Code 721891 Export in 2025 Q1 is monolithic, with all exports falling under the same semi-finished product category. This lack of variation suggests a trade in fungible bulk commodities, likely tied to global steel indices, rather than differentiated manufactured goods with value-added stages or quality grades.
Strategic Implication and Pricing Power
For Indonesia Stainless steel bars HS Code 721891 Export, the low unit price and bulk nature imply limited pricing power, requiring a volume-driven approach. Indonesia's position as a top global exporter of stainless steel [INASSDA] supports this strategy, but focus should remain on cost efficiency and market access to maintain competitiveness in 2025.
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Indonesia Stainless Steel Bars (HS 721891) 2025 Q1 Export: Market Concentration
Geographic Concentration and Dominant Role
Indonesia's 2025 Q1 stainless steel bars exports under HS Code 721891 show strong geographic concentration, with India as the dominant buyer taking 44.4% of total value and 43.7% of total weight. The nearly identical value and weight ratios confirm this product ships as a bulk commodity, with India paying approximately $1.59/kg
- a competitive price point for semi-finished steel. Italy follows as the second largest market with 29.7% value share, demonstrating this product's appeal to European manufacturing centers.
Partner Countries Clusters and Underlying Causes
Two clear import clusters emerge: high-volume buyers (India and Italy) and regional Asian processors (Taiwan, China, South Korea). India and Italy's massive volume purchases suggest they are major stainless steel consumers integrating these semi-finished products into their domestic manufacturing ecosystems. The East Asian cluster (Taiwan, China, South Korea) shows more moderate volumes but slightly higher unit prices, indicating possible further processing before re-export to final markets. Malaysia's minimal presence represents either spot purchases or trial orders.
Forward Strategy and Supply Chain Implications
For Indonesia's stainless steel bar exporters, maintaining reliable supply to India and Italy should be the priority given their volume dominance. The commodity pricing structure means cost efficiency in production and logistics will determine competitiveness. As [INASSDA] confirms Indonesia's position as the world's top stainless steel exporter, companies should leverage this market position while monitoring potential regulatory changes. No current export restrictions affect HS Code 721891, but exporters should watch for updates to Indonesia's export ban list which could impact raw material availability.
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| INDIA | 184.30M | 116.03K | 45.00 | 116.03M |
| ITALY | 123.43M | 80.34K | 18.00 | 80.34M |
| CHINA TAIWAN | 78.90M | 53.00K | 72.00 | 53.00M |
| CHINA MAINLAND | 25.89M | 14.90K | 9.00 | 14.90M |
| SOUTH KOREA | 2.38M | 806.90 | 11.00 | 806.90K |
| MALAYSIA | ****** | ****** | ****** | ****** |
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Indonesia Stainless Steel Bars (HS 721891) 2025 Q1 Export: Action Plan for Stainless Steel Bars Market Expansion
Strategic Supply Chain Overview
Indonesia's Stainless steel bars Export 2025 Q1 under HS Code 721891 operates as a bulk commodity market. Price is driven by global stainless steel indices and production cost efficiency, not product differentiation. High buyer concentration (72% value from infrequent bulk orders) and geographic focus on India and Italy create volume-based competitiveness. Supply chain implications center on logistics optimization for large shipments and securing stable nickel supply, as Indonesia's role is a bulk processor for global manufacturing hubs.
Action Plan: Data-Driven Steps for Stainless steel bars Market Execution
- Monitor buyer order frequency data to anticipate bulk demand cycles and align production schedules, preventing costly inventory gaps or overstock during low activity periods.
- Track real-time global nickel prices and domestic energy costs to adjust export pricing dynamically, maintaining margin competitiveness in commodity trading.
- Use destination port analytics for India and Italy to optimize shipping routes and negotiate volume-based freight rates, reducing per-unit logistics costs for bulk shipments.
- Subscribe to regulatory alerts for Indonesia's export ban list updates (e.g., MOF Decree No. 6/KM.4/2025) to avoid raw material sourcing disruptions that could halt production.
- Develop a secondary buyer portfolio from the frequent, smaller-order segment (27.81% value) to diversify revenue streams and reduce dependency on a few bulk clients.
Take Action Now —— Explore Indonesia Stainless steel bars Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Indonesia Stainless steel bars Export 2025 Q1?
A1. The surge in exports is driven by post-holiday industrial demand, with value growing over 150% from January to February, then stabilizing in March as quarterly orders leveled out.
Q2. Who are the main partner countries in this Indonesia Stainless steel bars Export 2025 Q1?
A2. India dominates with 44.4% of export value, followed by Italy at 29.7%, reflecting bulk demand from major manufacturing hubs.
Q3. Why does the unit price differ across Indonesia Stainless steel bars Export 2025 Q1 partner countries?
A3. Price differences stem from the product’s uniformity as a bulk semi-finished commodity, with slight variations tied to regional processing needs (e.g., East Asia pays marginally higher prices).
Q4. What should exporters in Indonesia focus on in the current Stainless steel bars export market?
A4. Exporters should prioritize high-value, infrequent buyers (72.19% of trade) while maintaining smaller, frequent orders to balance revenue and mitigate over-reliance risks.
Q5. What does this Indonesia Stainless steel bars export pattern mean for buyers in partner countries?
A5. Buyers benefit from stable bulk supply at competitive prices ($1.57/kg), but must monitor Indonesia’s cost efficiency to ensure long-term reliability.
Q6. How is Stainless steel bars typically used in this trade flow?
A6. The semi-finished rectangular bars are fungible commodities, primarily integrated into downstream manufacturing (e.g., industrial components) or further processed for re-export.
Detailed Monthly Report
Indonesia HS721891 Export Snapshot 2025 JAN
Indonesia Stainless Steel Bars HS721891 Export Data 2025 May Overview
Indonesia’s stainless steel bars (HS Code 721891) export in May 2025 was dominated by INDIA (54.02% share), with INDIA and ITALY handling 85% of trade, per yTrade Customs data.
Indonesia Stainless Steel Bars HS721891 Export Data 2025 Q3 Overview
Indonesia’s 2025 Q3 stainless steel bars (HS Code 721891) export data reveals 67.33% value concentrated in INDIA, with niche opportunities in BELGIUM and SPAIN, per yTrade customs analysis.
