Price for Ivory and Articles Thereof; Worked in Indonesia - 2022

Contents:

  1. Price for Ivory and Articles Thereof; Worked in Indonesia (FOB) - 2022
  2. Price for Ivory and Articles Thereof; Worked in Indonesia (CIF) - 2022
  3. Exports of Ivory and Articles Thereof; Worked in Indonesia
  4. Imports of Ivory and Articles Thereof; Worked in Indonesia

Price for Ivory and Articles Thereof; Worked in Indonesia (FOB) - 2022

The average export price for ivory and articles thereof; worked stood at $23,735 per ton in 2022, reducing by -12% against the previous year. Overall, the export price, however, saw prominent growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 78%. The export price peaked at $26,979 per ton in 2021, and then dropped in the following year.

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 Singapore ($31,191 per ton), while the average price for exports to Canada ($3,071 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ivory and Articles Thereof; Worked in Indonesia (CIF) - 2022

The average import price for ivory and articles thereof; worked stood at $39,247 per ton in 2022, declining by -38.7% against the previous year. Overall, the import price, however, saw strong growth. The growth pace was the most rapid in 2020 when the average import price increased by 434% against the previous year. Over the period under review, average import prices attained the maximum at $89,293 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($335,273 per ton), while the price for South Korea ($16,081 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+40.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ivory and Articles Thereof; Worked in Indonesia

In 2022, shipments abroad of ivory and articles thereof; worked was finally on the rise to reach 1.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic decrease.

In value terms, ivory and articles thereof; worked exports dropped slightly to $36K in 2022. Overall, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 0.6%.

Export of Ivory and Articles Thereof; Worked in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore13.723.523.525.923.6%
Hong Kong SAR2.12.12.42.44.6%
Australia1.40.11.11.0-10.6%
Netherlands1.71.0N/A0.6-29.3%
China1.71.20.90.6-29.3%
Brazil0.40.40.50.57.7%
United Kingdom0.10.30.60.571.0%
Mauritius0.60.60.60.5-5.9%
Turkey0.40.40.40.40.0%
United States13.91.82.50.4-69.4%
Italy0.40.30.30.3-9.1%
Canada0.2N/AN/A0.1-20.6%
Spain0.5N/AN/AN/A0%
Others8.94.03.22.7-32.8%
Total45.935.836.035.9-7.9%

Top Export Markets for Ivory and Articles Thereof; Worked from Indonesia in 2022:

  1. Singapore (832.0 kg)
  2. Hong Kong SAR (124.0 kg)
  3. Australia (118.0 kg)
  4. China (68.0 kg)
  5. Canada (40.0 kg)
  6. Netherlands (38.0 kg)
  7. Mauritius (29.0 kg)
  8. Turkey (26.0 kg)
  9. United Kingdom (26.0 kg)
  10. Italy (25.0 kg)
  11. Brazil (23.0 kg)
  12. United States (12.0 kg)
  13. Spain (1.0 kg)

Imports of Ivory and Articles Thereof; Worked in Indonesia

After two years of decline, purchases abroad of ivory and articles thereof; worked increased by 538% to 300 kg in 2022. Overall, imports, however, continue to indicate a abrupt decline.

In value terms, ivory and articles thereof; worked imports soared to $12K in 2022. Over the period under review, imports posted buoyant growth.

Import of Ivory and Articles Thereof; Worked in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.19.31.04.1244.8%
Hong Kong SAR0.15.70.63.1214.1%
SingaporeN/A2.40.62.76.1%
ChinaN/A0.40.10.3-13.4%
United Arab Emirates6.8N/AN/AN/A0%
Others0.12.70.81.6152.0%
Total7.120.53.011.818.5%

Top Suppliers of Ivory and Articles Thereof; Worked to Indonesia in 2022:

  1. South Korea (254.0 kg)
  2. Singapore (16.0 kg)
  3. China (10.0 kg)
  4. Hong Kong SAR (9.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Ivory and articles thereof; worked - Indonesia