Price for Lustres; Liquid Lustres and Similar Preparations in Indonesia - 2022

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in Indonesia (CIF) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in Indonesia (FOB) - 2022
  3. Imports of Lustres; Liquid Lustres and Similar Preparations in Indonesia
  4. Exports of Lustres; Liquid Lustres and Similar Preparations in Indonesia

Price for Lustres; Liquid Lustres and Similar Preparations in Indonesia (CIF) - 2022

In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $3,490 per ton, declining by -26.7% against the previous year. In general, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 71% against the previous year. As a result, import price reached the peak level of $10,816 per ton. From 2016 to 2022, the average import prices remained 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 Japan ($304,921 per ton), while the price for China ($794 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+28.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lustres; Liquid Lustres and Similar Preparations in Indonesia (FOB) - 2022

In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $2,776 per ton, with an increase of 46% against the previous year. In general, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 579% against the previous year. As a result, the export price attained the peak level of $10,371 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($11,400 per ton), while the average price for exports to Timor-Leste ($1,631 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 Timor-Leste (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Lustres; Liquid Lustres and Similar Preparations in Indonesia

In 2022, approx. 1.7K tons of lustres; liquid lustres and similar preparationses were imported into Indonesia; jumping by 56% compared with 2021 figures. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of lustres; liquid lustres and similar preparationses stood at $6M in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 82%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Lustres; Liquid Lustres and Similar Preparations in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/A1,3241,4348.3%
China9858918471,2618.6%
Spain28368.374.490.8-31.5%
Others2,0901,9283,0113,22915.6%
Total3,3592,8885,2576,01621.4%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Indonesia in 2022:

  1. China (1589.2 tons)
  2. Belgium (67.8 tons)
  3. Spain (28.8 tons)

Exports of Lustres; Liquid Lustres and Similar Preparations in Indonesia

In 2022, approx. 12 tons of lustres; liquid lustres and similar preparationses were exported from Indonesia; standing approx. at the previous year. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 117% against the previous year. As a result, the exports attained the peak of 12 tons, leveling off in the following year.

In value terms, exports of lustres; liquid lustres and similar preparationses skyrocketed to $33K in 2022. Over the period under review, exports recorded a significant decrease.

Export of Lustres; Liquid Lustres and Similar Preparations in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/AN/A11.40%
Vietnam8.77.312.511.49.4%
Australia3.5N/A7.56.522.9%
Timor-Leste2.23.82.53.112.1%
Japan53.64.6N/AN/A-91.4%
OthersN/A0.80.10.3-38.8%
Total67.916.522.532.7-21.6%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Indonesia in 2022:

  1. Vietnam (5.8 tons)
  2. Australia (3.0 tons)
  3. Timor-Leste (1.9 tons)
  4. Pakistan (1.0 tons)

Source: IndexBox Market Intelligence Platform

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