Indonesia Stainless Steel HS721891 Export Data 2025 Q2 Overview

Indonesia's stainless steel (HS Code 721891) export in Q2 2025 shows India as top buyer (50% share), with Italy and Taiwan forming key clusters, per yTrade data.

Indonesia Stainless Steel (HS 721891) 2025 Q2 Export: Key Takeaways

Indonesia’s stainless steel exports under HS Code 721891 in 2025 Q2 reveal a high-value product favored by industrial buyers, with INDIA dominating as the top destination, accounting for over 50% of shipments. The market shows strong geographic concentration, with INDIA, ITALY, and CHINA TAIWAN forming a critical buyer cluster, while smaller markets fill niche demand. This analysis, based on cleanly processed Customs data from the yTrade database, highlights Indonesia’s strategic position in global stainless steel supply chains during 2025 Q2.

Indonesia Stainless Steel (HS 721891) 2025 Q2 Export Background

Indonesia’s stainless steel exports under HS Code 721891—semi-finished products with rectangular cross-sections—are critical for global manufacturing, especially in construction and automotive industries, where durability and corrosion resistance are key. As of Q2 2025, updated export restrictions under MOF Decree No. 6/KM.4/2025 refine licensing rules, ensuring compliance while Indonesia maintains its position as the world’s top stainless steel exporter [SSEK]. With $1.93B in 2023 exports and strong demand from India and South Korea, Indonesia’s role in this trade flow remains pivotal [OEC].

Indonesia Stainless Steel (HS 721891) 2025 Q2 Export: Trend Summary

Key Observations

In Q2 2025, Indonesia's stainless steel exports under HS Code 721891 reached 548.25 million USD in value and 335.02 million kg in volume, marking a robust quarter despite some monthly volatility.

Price and Volume Dynamics

Compared to Q1, Q2 exports surged by 32% in value and 26% in volume, reflecting typical industrial demand cycles where mid-year often sees increased activity in manufacturing and construction sectors. However, within Q2, May's peak of 262.21 million USD was followed by a sharp drop to 134.04 million USD in June, suggesting possible inventory adjustments or short-term market disruptions rather than a sustained trend.

External Context and Outlook

The volatility aligns with Indonesia's implementation of updated export restrictions in March 2025 [SSEK], which likely spurred a pre-regulation export rush in May before tighter controls took effect. Despite this, Indonesia remains a top global exporter (SSEK), and ongoing compliance with these policies will be crucial for maintaining export flows in the latter half of 2025.

Indonesia Stainless Steel (HS 721891) 2025 Q2 Export: HS Code Breakdown

Product Specialization and Concentration

In 2025 Q2, the export market for Indonesia Stainless steel under HS Code 721891 is completely concentrated on semi-finished products of rectangular cross-section, with a unit price of 1.64 USD per kilogram. This single product accounts for all export value and weight, indicating no diversification within this code.

Value-Chain Structure and Grade Analysis

All exports under this code fall into the semi-finished category, specifically stainless steel in rectangular shapes. This suggests a trade in fungible bulk commodities, likely tied to global raw material indices rather than differentiated manufactured goods, due to the uniform product description and consistent low unit price.

Strategic Implication and Pricing Power

Indonesia's dominance in stainless steel exports, with high concentration in semi-finished products, may grant some pricing power, but recent export regulation updates could introduce compliance risks [SSEK]. Market players should focus on monitoring these policies to maintain export flows for Indonesia Stainless steel HS Code 721891 Export 2025 Q2.

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Indonesia Stainless Steel (HS 721891) 2025 Q2 Export: Market Concentration

Geographic Concentration and Dominant Role

In 2025 Q2, Indonesia's stainless steel exports under HS Code 721891 show strong concentration, with INDIA as the dominant buyer, accounting for 52.78% of export value and 50.07% of weight. The higher value ratio compared to weight ratio suggests that INDIA purchases higher-grade or more value-added stainless steel products, indicating a focus on quality over bulk commodity buying. This pattern is typical for manufactured goods like semi-finished stainless steel, where buyers seek specific specifications for further processing.

Partner Countries Clusters and Underlying Causes

The top buyers form two clear clusters: first, major industrial nations like INDIA, ITALY, and CHINA TAIWAN, which together handle over 90% of exports, likely due to their large manufacturing sectors needing raw materials for production. Second, smaller buyers like SOUTH KOREA and MALAYSIA, with minimal shares, probably source specialized or trial batches for niche applications. This clustering reflects global supply chain dependencies, where key partners drive volume while others fill specific demand gaps.

Forward Strategy and Supply Chain Implications

For Indonesia Stainless steel HS Code 721891 Export 2025 Q2, buyers should secure long-term contracts to mitigate risks from Indonesia's updated export restrictions, as noted in [SSEK]. Diversifying sources could reduce dependency, but Indonesia's role as a top exporter, per (INASSDA), means maintaining strong relationships is crucial for stable supply chains in manufacturing sectors.

CountryValueQuantityFrequencyWeight
INDIA289.37M167.76K59.00167.76M
ITALY121.23M80.40K19.0080.40M
CHINA TAIWAN99.96M62.51K81.0062.51M
CHINA MAINLAND35.56M23.43K6.0023.43M
SOUTH KOREA1.14M479.918.00479.91K
MALAYSIA************************

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Indonesia Stainless Steel (HS 721891) 2025 Q2 Export: Action Plan for Stainless Steel Market Expansion

Strategic Supply Chain Overview

Indonesia Stainless steel Export 2025 Q2 for HS Code 721891 operates as a bulk commodity trade. Price is driven by global raw material indices and Indonesia's dominant exporter role. Supply chains face risks from Indonesia's updated export restrictions, requiring secure access to semi-finished steel. The market depends heavily on high-value, high-frequency buyers in industrial hubs like India, creating concentrated demand but vulnerability to policy shifts.

Action Plan: Data-Driven Steps for Stainless steel Market Execution

  • Monitor Indonesia's export policy updates monthly using official trade portals to anticipate compliance changes and avoid shipment delays.
  • Analyze buyer purchase frequency in HS Code 721891 to forecast demand cycles and optimize inventory levels, reducing storage costs.
  • Track real-time unit price fluctuations against global stainless steel indices to negotiate better contracts with bulk buyers and protect margins.
  • Diversify buyer portfolios by identifying emerging importers of semi-finished steel to reduce dependency on top partners and spread risk.
  • Use shipment data to verify product specifications for each order, ensuring consistency and avoiding quality disputes that harm relationships.

Final Note: Traditional market analysis misses critical buyer behavior details. Leveraging transaction-level data for HS Code 721891 is essential for navigating Indonesia's stainless steel export landscape in 2025.

Take Action Now —— Explore Indonesia Stainless steel Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Indonesia Stainless steel Export 2025 Q2?

The Q2 surge (32% value growth) reflects mid-year industrial demand, but June’s sharp drop suggests inventory adjustments or policy impacts from Indonesia’s updated export restrictions.

Q2. Who are the main partner countries in this Indonesia Stainless steel Export 2025 Q2?

INDIA dominates with 52.78% of export value, followed by ITALY and CHINA TAIWAN, which together account for over 90% of total exports.

Q3. Why does the unit price differ across Indonesia Stainless steel Export 2025 Q2 partner countries?

All exports are uniformly priced at 1.64 USD/kg for semi-finished rectangular products, indicating no grade-based variation but potential freight or contract differences.

Q4. What should exporters in Indonesia focus on in the current Stainless steel export market?

Prioritize contracts with high-value, high-frequency buyers (93% of trade) and monitor policy risks tied to Indonesia’s export restrictions.

Q5. What does this Indonesia Stainless steel export pattern mean for buyers in partner countries?

Major buyers like INDIA must secure long-term contracts to mitigate supply risks, given Indonesia’s concentrated export role and regulatory volatility.

Q6. How is Stainless steel typically used in this trade flow?

The semi-finished rectangular products are bulk commodities for further manufacturing, likely feeding global industrial supply chains.

Detailed Monthly Report

Indonesia HS721891 Export Snapshot 2025 APR

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