Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Indonesia - 2022

Contents:

  1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Indonesia (CIF) - 2022
  2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Indonesia (FOB) - 2022
  3. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Indonesia
  4. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Indonesia

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Indonesia (CIF) - 2022

In 2022, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $5,959 per ton, falling by -9.1% against the previous year. Overall, the import price recorded a perceptible slump. The pace of growth appeared the most rapid in 2017 an increase of 26%. The import price peaked at $9,529 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($21,521 per ton), while the price for China ($4,808 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Indonesia (FOB) - 2022

The average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $7,351 per ton in March 2022, jumping by 28% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in September 2021 an increase of 34% month-to-month. Over the period under review, the average export prices reached the peak figure at $7,383 per ton in October 2021; afterwards, it flattened through to March 2022.

There were significant differences in the average prices for the major export markets. In March 2022, the country with the highest price was the UK ($9,551 per ton), while the average price for exports to Timor-Leste ($3,731 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 Malaysia (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Indonesia

In 2022, the amount of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses imported into Indonesia surged to 1K tons, growing by 30% against the previous year's figure. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +89.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses surged to $6M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.

Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.02.53.14.211.9%
Japan1.70.90.90.6-29.3%
United States0.30.10.20.410.1%
South Korea0.50.40.30.3-15.7%
Others0.60.60.60.5-5.9%
Total6.14.55.16.0-0.5%

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Indonesia in 2022:

  1. China (880.3 tons)
  2. United States (57.2 tons)
  3. Japan (35.1 tons)
  4. South Korea (12.4 tons)

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Indonesia

In 2022, shipments abroad of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -9.3% to 761 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 37%. As a result, the exports reached the peak of 870 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses reduced to $4.8M in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 37%. As a result, the exports reached the peak of $6M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,6532,2611,5101,8223.3%
Netherlands1,8212,0072,2271,779-0.8%
United Kingdom2773853533528.3%
Denmark3154363543180.3%
Singapore32.410812212255.6%
Timor-Leste68.612111111017.0%
Germany48.320664.491.323.6%
Malaysia11.43931985.1-23.5%
Others17496.2255171-0.6%
Total4,4016,0145,1934,7712.7%

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Indonesia in 2022:

  1. Netherlands (279.3 tons)
  2. United States (251.2 tons)
  3. Timor-Leste (62.6 tons)
  4. United Kingdom (42.8 tons)
  5. Denmark (33.5 tons)
  6. Singapore (26.7 tons)
  7. Germany (14.1 tons)
  8. Malaysia (4.2 tons)

Source: IndexBox Market Intelligence Platform

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