Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Indonesia - 2022

Contents:

1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Indonesia (CIF) - 2022
2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Indonesia (FOB) - 2022
3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Indonesia
4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Indonesia

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Indonesia (CIF) - 2022

In March 2022, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $3,036 per ton, increasing by 5.4% against the previous month. Overall, import price indicated a measured increase from March 2021 to March 2022: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s increased by +14.9% against January 2022 indices. The growth pace was the most rapid in August 2021 when the average import price increased by 48% against the previous month. The import price peaked in March 2022.

Average prices varied somewhat amongst the major supplying countries. In March 2022, the country with the highest price was Germany ($3,739 per ton), while the price for China ($2,755 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 Thailand (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Indonesia (FOB) - 2022

In 2022, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $4,596 per ton, rising by 39% against the previous year. Over the period under review, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 166%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 Japan ($7,942 per ton), while the average price for exports to South Africa ($3,080 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 Thailand (+34.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Indonesia

After three years of growth, supplies from abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s decreased by -6.9% to 8.9K tons in 2022. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s soared to $24M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Indonesia in 2022:

1. China (5.7K tons)
2. Thailand (2.3K tons)
3. Germany (0.7K tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Indonesia

In 2022, approx. 22 tons of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s were exported from Indonesia; rising by 194% compared with the previous year. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 273%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s soared to $103K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 506%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Indonesia in 2022:

1. China (12.0 tons)
2. United Arab Emirates (5.8 tons)
3. South Africa (4.0 tons)
4. Japan (0.5 tons)

Source: IndexBox Market Intelligence Platform