Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Indonesia - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Indonesia (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Indonesia (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Indonesia
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Indonesia
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Indonesia (CIF) - 2022
In March 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $3,081 per ton, waning by -2% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 an increase of 5.5% against the previous month. The import price peaked at $3,237 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 ($7,436 per ton), while the price for Taiwan (Chinese) ($2,066 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 Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Indonesia (FOB) - 2022
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $2,700 per ton in March 2022, surging by 4.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in May 2021 an increase of 10% against the previous month. Over the period under review, the average export prices attained the maximum in March 2022.
There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was China ($12,185 per ton), while the average price for exports to Thailand ($2,430 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Indonesia
Imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Indonesia expanded slightly to 36K tons in 2022, picking up by 2.6% compared with 2021. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded to $109M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 19%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 29.6 | 26.1 | 31.4 | 33.7 | 4.4% |
| China | 24.3 | 22.2 | 26.1 | 28.6 | 5.6% |
| Vietnam | 7.7 | 6.2 | 11.1 | 12.4 | 17.2% |
| Japan | 9.6 | 9.5 | 10.0 | 10.1 | 1.7% |
| South Korea | 12.0 | 8.2 | 10.1 | 9.2 | -8.5% |
| Taiwan (Chinese) | 3.1 | 3.1 | 2.9 | 3.1 | 0.0% |
| Germany | 2.4 | 2.3 | 2.7 | 1.9 | -7.5% |
| Others | 13.7 | 10.5 | 10.7 | 10.1 | -9.7% |
| Total | 102 | 88.1 | 105 | 109 | 2.2% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Indonesia in 2022:
- Malaysia (12.1K tons)
- China (10.5K tons)
- Vietnam (5.3K tons)
- South Korea (2.1K tons)
- Japan (1.5K tons)
- Taiwan (Chinese) (1.4K tons)
- Germany (0.5K tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Indonesia
In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) exported from Indonesia shrank markedly to 7.9K tons, reducing by -20.7% against the previous year's figure. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 2.5% against the previous year. As a result, the exports reached the peak of 9.9K tons, and then shrank dramatically in the following year.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) shrank to $21M in 2022. Overall, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 8.1% against the previous year. As a result, the exports attained the peak of $24M, and then reduced in the following year.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 8.9 | 10.5 | 10.9 | 7.2 | -6.8% |
| Vietnam | 3.1 | 3.2 | 5.5 | 6.2 | 26.0% |
| Malaysia | 3.0 | 3.5 | 3.1 | 2.8 | -2.3% |
| Australia | 1.5 | 1.2 | 0.8 | 1.0 | -12.6% |
| Bangladesh | 0.4 | 0.6 | 0.3 | 0.7 | 20.5% |
| Japan | 1.2 | 0.5 | 0.3 | 0.6 | -20.6% |
| South Korea | 0.8 | 0.5 | 0.6 | 0.5 | -14.5% |
| Pakistan | 0.7 | 0.3 | 0.2 | 0.3 | -24.6% |
| Philippines | 0.6 | 0.4 | 0.4 | 0.2 | -30.7% |
| Nigeria | 0.5 | 0.2 | 0.1 | N/A | -55.3% |
| Others | 1.5 | 1.2 | 1.6 | 1.1 | -9.8% |
| Total | 22.2 | 22.0 | 23.8 | 20.6 | -2.5% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Indonesia in 2022:
- Thailand (2908.7 tons)
- Vietnam (2296.7 tons)
- Malaysia (1101.2 tons)
- Australia (328.9 tons)
- Bangladesh (205.9 tons)
- Japan (188.5 tons)
- South Korea (176.6 tons)
- Pakistan (151.4 tons)
- Philippines (81.0 tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Indonesia.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
294
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Indonesia.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
247
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
