Alloy Steel Powders Price in Indonesia - 2022

Contents:

  1. Alloy Steel Powders Price in Indonesia (CIF) - 2022
  2. Alloy Steel Powders Price in Indonesia (FOB) - 2022
  3. Alloy Steel Powders Imports in Indonesia
  4. Alloy Steel Powders Exports in Indonesia

Alloy Steel Powders Price in Indonesia (CIF) - 2022

The average alloy steel powders import price stood at $4,847 per ton in March 2022, increasing by 51% against the previous month. Over the period under review, the import price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in June 2021 when the average import price increased by 152% against the previous month. The import price peaked at $8,027 per ton in September 2021; however, from October 2021 to March 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($8,653 per ton), while the price for Thailand ($1,177 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 Sweden (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Alloy Steel Powders Price in Indonesia (FOB) - 2022

The average alloy steel powders export price stood at $4,412 per ton in 2022, waning by -11.9% against the previous year. Over the period under review, the export price continues to indicate a mild slump. The pace of growth was the most pronounced in 2016 when the average export price increased by 292%. The export price peaked at $31,718 per ton in 2014; however, from 2015 to 2022, the 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 Singapore ($8,013 per ton), while the average price for exports to China ($2,062 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 the United Arab Emirates (+67.9%), while the prices for the other major destinations experienced more modest paces of growth.

Alloy Steel Powders Imports in Indonesia

Alloy steel powders imports into Indonesia expanded sharply to 2.5K tons in 2022, with an increase of 6.8% compared with 2021. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.8% 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 +60.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, alloy steel powders imports shrank to $11M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 85%. As a result, imports reached the peak of $13M, and then contracted in the following year.

Import of Alloy Steel Powders in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore4.13.87.06.214.8%
Japan2.71.83.02.81.2%
China1.80.70.91.0-17.8%
Sweden0.40.20.50.3-9.1%
Others0.60.41.01.018.6%
Total9.66.812.511.25.3%

Top Suppliers of Alloy Steel Powders to Indonesia in 2022:

  1. Singapore (876.5 tons)
  2. China (804.7 tons)
  3. Japan (504.7 tons)
  4. Sweden (127.0 tons)

Alloy Steel Powders Exports in Indonesia

In 2022, the amount of alloy steel powderses exported from Indonesia expanded sharply to 1.2 tons, surging by 12% compared with 2021. Overall, exports, however, showed a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 21%.

In value terms, alloy steel powders exports reduced modestly to $5.1K in 2022. Over the period under review, exports, however, continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 3.7% against the previous year.

Export of Alloy Steel Powders in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3.42.42.13.1-3.0%
China6.41.61.11.1-44.4%
Singapore0.31.11.31.049.4%
ThailandN/AN/A0.6N/A0%
OthersN/AN/AN/AN/A0%
Total10.15.05.25.1-20.4%

Top Export Markets for Alloy Steel Powders from Indonesia in 2022:

  1. Japan (525.0 kg)
  2. China (511.0 kg)
  3. Singapore (126.0 kg)

Source: IndexBox Market Intelligence Platform

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