Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Indonesia - 2022

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Indonesia (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Indonesia (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Indonesia
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Indonesia

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Indonesia (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $6,791 per ton in March 2022, picking up by 17% against the previous month. In general, import price indicated notable growth from March 2021 to March 2022: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for polymers, natural; alginic acid, its salts and esters, in primary formses increased by +51.5% against October 2021 indices. The growth pace was the most rapid in July 2021 when the average import price increased by 85% against the previous month. The import price peaked at $9,125 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 Japan ($16,358 per ton), while the price for China ($5,548 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 (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Indonesia (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $5,605 per ton, which is down by -47.9% against the previous year. Over the period under review, the export price, however, posted resilient growth. The growth pace was the most rapid in 2018 an increase of 23,155% against the previous year. As a result, the export price reached the peak level of $21,141 per ton. From 2019 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 Bangladesh ($7,980 per ton), while the average price for exports to India ($3,416 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+55.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Indonesia

In 2022, after three years of growth, there was significant decline in supplies from abroad of polymers, natural; alginic acid, its salts and esters, in primary formses, when their volume decreased by -30.7% to 1.5K tons. Overall, imports showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 2.1K tons, and then dropped sharply in the following year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses reduced to $10M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $11M, and then dropped in the following year.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Indonesia in 2022:

1. China (1284.3 tons)
2. Japan (52.4 tons)
3. France (48.8 tons)
4. Mexico (36.0 tons)
5. Spain (23.0 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Indonesia

In 2022, shipments abroad of polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -52.6% to 12 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 221%. As a result, the exports attained the peak of 56 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses dropped dramatically to $65K in 2022. Over the period under review, exports recorded a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 461% against the previous year. As a result, the exports reached the peak of $582K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Indonesia in 2022:

1. India (6.3 tons)
2. Bangladesh (5.0 tons)
3. Singapore (0.2 tons)

Source: IndexBox Market Intelligence Platform