Alkali Metals; Sodium Price in Indonesia - 2022

Contents:

  1. Alkali Metals; Sodium Price in Indonesia (CIF) - 2022
  2. Alkali Metals; Sodium Price in Indonesia (FOB) - 2022
  3. Alkali Metals; Sodium Imports in Indonesia
  4. Alkali Metals; Sodium Exports in Indonesia

Alkali Metals; Sodium Price in Indonesia (CIF) - 2022

In 2022, the average alkali metals; sodium import price amounted to $2,778 per ton, picking up by 86% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alkali metals; sodium import price increased by +91.2% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($25,115 per ton), while the price for Taiwan (Chinese) ($1,007 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Alkali Metals; Sodium Price in Indonesia (FOB) - 2022

The average alkali metals; sodium export price stood at $1,915 per ton in 2022, rising by 7.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2013 when the average export price increased by 58%. The export price peaked at $2,379 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($37,128 per ton), while the average price for exports to Nigeria amounted to $1,897 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+25.1%).

Alkali Metals; Sodium Imports in Indonesia

In 2022, the amount of alkali metals; sodia imported into Indonesia reduced slightly to 340 tons, waning by -2% against the previous year. Overall, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 17%.

In value terms, alkali metals; sodium imports surged to $944K in 2022. In general, imports, however, posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alkali Metals; Sodium in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore17.50.321.1370176.5%
Germany61.783.666.214934.2%
Japan32.821.442.914062.2%
China472264322133-34.4%
Taiwan (Chinese)25.625.226.661.734.1%
Netherlands21.520.420.746.229.0%
Others13.817.419.644.247.4%
Total64543251994413.5%

Top Suppliers of Alkali Metals; Sodium to Indonesia in 2022:

  1. Germany (113.9 tons)
  2. China (94.3 tons)
  3. Taiwan (Chinese) (61.3 tons)
  4. Netherlands (38.9 tons)
  5. Singapore (16.4 tons)
  6. Japan (5.6 tons)

Alkali Metals; Sodium Exports in Indonesia

In 2022, overseas shipments of alkali metals; sodia increased by 63% to 2.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a precipitous descent.

In value terms, alkali metals; sodium exports skyrocketed to $4.5K in 2022. Overall, exports, however, showed a significant curtailment.

Export of Alkali Metals; Sodium in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria10.36.42.54.4-24.7%
Others0.1N/A0.10.10.0%
Total10.46.52.64.5-24.4%

Top Export Markets for Alkali Metals; Sodium from Indonesia in 2022:

  1. Nigeria (2.3 tons)

Source: IndexBox Market Intelligence Platform

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