Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Indonesia - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Indonesia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Indonesia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Indonesia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Indonesia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Indonesia (CIF) - 2022
In March 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $2,200 per ton, growing by 8.6% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +3.6%. The growth pace was the most rapid in December 2021 an increase of 21% month-to-month. As a result, import price reached the peak level of $2,418 per ton. From January 2022 to March 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was Singapore ($2,261 per ton), while the price for South Korea totaled $2,045 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Indonesia (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $1,675 per ton, remaining stable against the previous year. Overall, the export price showed a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of 68%. The export price peaked at $1,863 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +5.4% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Indonesia
In 2022, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates into Indonesia fell markedly to 34K tons, with a decrease of -28.5% compared with the previous year's figure. Overall, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, imports attained the peak of 47K tons, and then dropped markedly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates declined to $67M in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 155%. As a result, imports reached the peak of $68M, leveling off in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 17.8 | 12.0 | 30.9 | 36.6 | 27.2% |
| South Korea | 2.7 | 3.2 | 21.4 | 20.4 | 96.2% |
| Japan | 1.4 | 0.7 | 8.3 | 5.7 | 59.7% |
| China | 10.6 | 7.9 | 3.7 | 4.6 | -24.3% |
| Taiwan (Chinese) | 1.2 | 0.7 | 1.3 | N/A | 4.1% |
| Saudi Arabia | 1.9 | 1.9 | 1.8 | N/A | -2.7% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 35.6 | 26.5 | 67.5 | 67.3 | 23.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Indonesia in 2022:
- Singapore (19.2K tons)
- South Korea (9.0K tons)
- Japan (3.0K tons)
- China (2.3K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Indonesia
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; vinyl acetates exported from Indonesia contracted remarkably to 15 tons, reducing by -68.3% compared with 2021 figures. Overall, exports recorded a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 1.1%.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates contracted sharply to $25K in 2022. Over the period under review, exports showed a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 69%. As a result, the exports attained the peak of $80K, and then fell notably in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 19.4 | 19.3 | 33.2 | 25.1 | 9.0% |
| Vietnam | 2.4 | 2.3 | 8.6 | N/A | 89.3% |
| Malaysia | 10.8 | 5.8 | 8.0 | N/A | -13.9% |
| South Africa | 18.4 | 13.1 | 27.3 | N/A | 21.8% |
| Others | N/A | 6.8 | 2.9 | N/A | -57.4% |
| Total | 51.0 | 47.2 | 80.0 | 25.1 | -21.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Indonesia in 2022:
- Hong Kong SAR (15.0 tons)
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