The chairman of the Indonesian Tire Enterprises Association, Akis Baune, revealed that approximately 200 container trucks loaded with Chinese-made tires will enter the Indonesian market via Medan Customs in July this year.
It is reported that most of the 200 container trucks are loaded with Chinese-made bus and truck tires, as well as commercial vehicle and car tires. Each container truck has 3,000 to 3,500 tires. In other words, Indonesia alone will import at least 600,000 to 700,000 tires from China in July this year.
Barnet said that in recent months, several tire importers in Indonesia have been gradually importing tires from China. The import was ordered by eight importers.
Barnet said that Indonesia's domestic tire prices rose, while China's tires are relatively inexpensive. This is the main reason why Indonesia imported a large number of Chinese tires. Due to the recent announcement by the Indonesian government of raising the prices of fuel oil, electricity and other commodities, Indonesia’s domestic tire costs have increased, market prices have increased, and Chinese tires are almost 10% cheaper than Indonesian domestic tires. Indonesian consumers are therefore more inclined to buy China. Tires.
It is said that the average domestic tyres currently sold in the Indonesian market are priced at 850,000 dong (about 80 US dollars) each, and the average price of Chinese-made tires is 750,000 dong each.
It is reported that most of the 200 container trucks are loaded with Chinese-made bus and truck tires, as well as commercial vehicle and car tires. Each container truck has 3,000 to 3,500 tires. In other words, Indonesia alone will import at least 600,000 to 700,000 tires from China in July this year.
Barnet said that in recent months, several tire importers in Indonesia have been gradually importing tires from China. The import was ordered by eight importers.
Barnet said that Indonesia's domestic tire prices rose, while China's tires are relatively inexpensive. This is the main reason why Indonesia imported a large number of Chinese tires. Due to the recent announcement by the Indonesian government of raising the prices of fuel oil, electricity and other commodities, Indonesia’s domestic tire costs have increased, market prices have increased, and Chinese tires are almost 10% cheaper than Indonesian domestic tires. Indonesian consumers are therefore more inclined to buy China. Tires.
It is said that the average domestic tyres currently sold in the Indonesian market are priced at 850,000 dong (about 80 US dollars) each, and the average price of Chinese-made tires is 750,000 dong each.
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