Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Indonesia - 2022

Contents:

1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Indonesia (CIF) - 2022
2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Indonesia (FOB) - 2022
3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Indonesia
4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Indonesia

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Indonesia (CIF) - 2022

The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $11,814 per ton in March 2022, waning by -15% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in January 2022 an increase of 50% month-to-month. As a result, import price attained the peak level of $16,086 per ton. From February 2022 to March 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Germany ($14,631 per ton), while the price for China ($9,630 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Indonesia (FOB) - 2022

The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $23,797 per ton in 2022, increasing by 28% against the previous year. In general, the export price posted a tangible expansion. The growth pace was the most rapid in 2014 when the average export price increased by 138%. As a result, the export price attained the peak level of $48,658 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($215,386 per ton), while the average price for exports to the Philippines ($17,000 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 (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Indonesia

In 2022, after three years of growth, there was significant decline in purchases abroad of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses, when their volume decreased by -9% to 4K tons. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of 4.4K tons, and then reduced in the following year.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses rose to $52M in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year.

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Indonesia in 2022:

1. China (2653.9 tons)
2. India (569.6 tons)
3. Germany (397.1 tons)
4. Malaysia (177.8 tons)
5. United States (65.0 tons)
6. Japan (61.8 tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Indonesia

In 2022, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses from Indonesia skyrocketed to 32 tons, picking up by 34% compared with the previous year's figure. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 126%. As a result, the exports reached the peak of 34 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses surged to $761K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Indonesia in 2022:

1. Singapore (16.6 tons)
2. India (10.0 tons)
3. China (3.9 tons)
4. Malaysia (0.7 tons)
5. United States (0.6 tons)

Source: IndexBox Market Intelligence Platform