Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Indonesia - 2022

Contents:

1. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Indonesia (CIF) - 2022
2. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Indonesia (FOB) - 2022
3. Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Indonesia
4. Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Indonesia

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Indonesia (CIF) - 2022

The average import price for fibres; synthetic filament tow, of nylon or other polyamideses stood at $14,016 per ton in March 2022, reducing by -4.7% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2021 an increase of 64% m-o-m. Over the period under review, average import prices reached the peak figure at $18,629 per ton in November 2021; however, from December 2021 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($26,171 per ton), while the price for Vietnam ($8,934 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 Japan (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Indonesia (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $4,275 per ton, surging by 2.3% against the previous year. In general, the export price, however, saw a slight decline. The growth pace was the most rapid in 2016 an increase of 67% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,038 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($13,435 per ton), while the average price for exports to Thailand stood at $4,002 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+69.8%), while the prices for the other major destinations experienced a decline.

Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Indonesia

In 2022, purchases abroad of fibres; synthetic filament tow, of nylon or other polyamideses decreased by -26.1% to 353 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 131%. As a result, imports attained the peak of 478 tons, and then shrank dramatically in the following year.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses dropped rapidly to $4.5M in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 152%. As a result, imports reached the peak of $6.1M, and then dropped rapidly in the following year.

Top Suppliers of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides to Indonesia in 2022:

1. China (247.6 tons)
2. South Korea (61.0 tons)
3. United States (37.8 tons)
4. Singapore (6.0 tons)

Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Indonesia

In 2022, exports of fibres; synthetic filament tow, of nylon or other polyamideses from Indonesia reduced dramatically to 21 tons, declining by -33.3% compared with the year before. In general, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of 32 tons, and then contracted significantly in the following year.

In value terms, exports of fibres; synthetic filament tow, of nylon or other polyamideses declined remarkably to $92K in 2022. Over the period under review, exports recorded a slight downturn. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, the exports reached the peak of $134K, and then reduced dramatically in the following year.

Top Export Markets for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides from Indonesia in 2022:

1. Thailand (20.8 tons)
2. Taiwan (Chinese) (0.6 tons)

Source: IndexBox Market Intelligence Platform