Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Indonesia - 2022

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Indonesia (CIF) - 2022
2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Indonesia (FOB) - 2022
3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Indonesia
4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Indonesia

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Indonesia (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $962 per ton in 2022, rising by 20% against the previous year. Overall, the import price, however, saw a noticeable decrease. The growth pace was the most rapid in 2021 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $1,232 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,017 per ton), while the price for China ($884 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Indonesia (FOB) - 2022

The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $65,672 per ton in 2022, almost unchanged from the previous year. In general, the export price recorded a significant increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 1,860% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +11.7% per year.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Indonesia

Imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses into Indonesia expanded notably to 2.4K tons in 2022, increasing by 6.8% compared with the year before. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 43% against the previous year. As a result, imports reached the peak of 2.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses soared to $2.3M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Indonesia in 2022:

1. China (2353.1 tons)
2. Taiwan (Chinese) (42.1 tons)
3. South Korea (3.7 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Indonesia

In 2022, overseas shipments of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by 0% to 122 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 86,255%. As a result, the exports attained the peak of 9.5 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $8K in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 6,778%. As a result, the exports attained the peak of $16K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Indonesia in 2022:

1. Singapore (122.0 kg)

Source: IndexBox Market Intelligence Platform