Price for Pectic Substances; Pectinates and Pectates in Indonesia - 2022
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Indonesia (CIF) - 2022
- Price for Pectic Substances; Pectinates and Pectates in Indonesia (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Indonesia
- Exports of Pectic Substances; Pectinates and Pectates in Indonesia
Price for Pectic Substances; Pectinates and Pectates in Indonesia (CIF) - 2022
In 2022, the average import price for pectic substances; pectinates and pectateses amounted to $15,071 per ton, rising by 3.4% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pectic substances; pectinates and pectates import price increased by +4.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 59% against the previous year. Over the period under review, average import prices hit record highs at $18,843 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 Spain ($53,784 per ton), while the price for China ($12,724 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Indonesia (FOB) - 2022
The average export price for pectic substances; pectinates and pectateses stood at $10,523 per ton in 2022, shrinking by -4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 67%. As a result, the export price reached the peak level of $15,175 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +0.9% per year.
Imports of Pectic Substances; Pectinates and Pectates in Indonesia
In 2022, imports of pectic substances; pectinates and pectateses into Indonesia surged to 537 tons, jumping by 18% compared with 2021. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, pectic substances; pectinates and pectates imports soared to $8.1M in 2022. Overall, total imports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.4% 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 +51.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Pectic Substances; Pectinates and Pectates in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,370 | 1,931 | 2,478 | 2,786 | 5.5% |
| United States | 1,508 | 1,534 | 1,945 | 2,186 | 13.2% |
| Spain | 644 | 623 | 801 | 900 | 11.8% |
| Denmark | 1,516 | 359 | 489 | 873 | -16.8% |
| Brazil | 461 | 337 | 236 | 382 | -6.1% |
| France | 401 | 307 | 306 | 375 | -2.2% |
| Belgium | 299 | 18.4 | 233 | 262 | -4.3% |
| Others | 560 | 223 | 147 | 336 | -15.7% |
| Total | 7,759 | 5,332 | 6,636 | 8,099 | 1.4% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Indonesia in 2022:
- China (218.9 tons)
- United States (164.9 tons)
- Denmark (61.2 tons)
- France (24.0 tons)
- Brazil (21.6 tons)
- Spain (16.7 tons)
- Belgium (12.9 tons)
Exports of Pectic Substances; Pectinates and Pectates in Indonesia
In 2022, the amount of pectic substances; pectinates and pectateses exported from Indonesia contracted to 26 tons, reducing by -4.7% on the previous year's figure. In general, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 10%.
In value terms, pectic substances; pectinates and pectates exports declined to $275K in 2022. Overall, exports saw a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 20%.
| Export of Pectic Substances; Pectinates and Pectates in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 303 | 248 | 299 | 275 | -3.2% |
| Others | 70.6 | 1.6 | 1.3 | N/A | -86.4% |
| Total | 373 | 249 | 301 | 275 | -9.7% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Indonesia in 2022:
- Taiwan (Chinese) (26.1 tons)
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