Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Indonesia - 2022

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Indonesia (CIF) - 2022
2. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Indonesia (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Indonesia
4. Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Indonesia

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Indonesia (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $1,552 per ton in 2022, declining by -9.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 75%. As a result, import price reached the peak level of $1,715 per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($1,835 per ton), while the price for Taiwan (Chinese) ($802 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Indonesia (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,636 per ton, with a decrease of -7.5% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses decreased by -15.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 51% against the previous year. As a result, the export price reached the peak level of $1,932 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($3,687 per ton), while the average price for exports to the Philippines ($1,466 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Indonesia

In 2022, the amount of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses imported into Indonesia contracted dramatically to 3K tons, declining by -82.6% compared with the previous year. Overall, imports saw a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 55%. As a result, imports attained the peak of 17K tons, and then contracted remarkably in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses reduced dramatically to $4.6M in 2022. Over the period under review, imports saw a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 171% against the previous year. As a result, imports reached the peak of $29M, and then dropped notably in the following year.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Indonesia in 2022:

1. Malaysia (1130.4 tons)
2. China (610.5 tons)
3. Thailand (456.4 tons)
4. Vietnam (406.1 tons)
5. South Korea (265.5 tons)
6. Japan (66.2 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Indonesia

In 2022, overseas shipments of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses decreased by -14.9% to 229 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 63%. As a result, the exports attained the peak of 269 tons, and then fell in the following year.

In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses shrank remarkably to $375K in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 73%.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from Indonesia in 2022:

1. Singapore (130.9 tons)
2. Japan (50.3 tons)
3. Philippines (25.2 tons)
4. Malaysia (20.1 tons)

Source: IndexBox Market Intelligence Platform