Price for Poly(Lactic Acid); in Primary Forms in Indonesia - 2022
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Indonesia (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Indonesia (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Indonesia
- Exports of Poly(Lactic Acid); in Primary Forms in Indonesia
Price for Poly(Lactic Acid); in Primary Forms in Indonesia (CIF) - 2022
In 2022, the average import price for poly(lactic acid); in primary formses amounted to $13,861 per ton, dropping by -28.1% against the previous year. Overall, the import price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 133%. As a result, import price attained the peak level of $19,290 per ton, and then fell markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($35,780 per ton), while the price for Thailand ($4,248 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 (+37.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Poly(Lactic Acid); in Primary Forms in Indonesia (FOB) - 2022
In 2022, the average export price for poly(lactic acid); in primary formses amounted to $3,170 per ton, with an increase of 106% against the previous year. Overall, the export price enjoyed resilient growth. Over the period under review, the average export prices attained the peak figure at $5,311 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($14,021 per ton), while the average price for exports to Bangladesh ($1,213 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 Malaysia (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Poly(Lactic Acid); in Primary Forms in Indonesia
Poly(lactic acid); in primary forms imports into Indonesia skyrocketed to 12 tons in 2022, with an increase of 20% against the previous year. In general, imports posted prominent growth. The growth pace was the most rapid in 2020 when imports increased by 116% against the previous year. As a result, imports reached the peak of 17 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, poly(lactic acid); in primary forms imports contracted to $165K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 +68.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 41% against the previous year.
| Import of Poly(Lactic Acid); in Primary Forms in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 67.2 | 43.2 | 81.4 | 94.9 | 12.2% |
| Singapore | 0.9 | 1.5 | 10.8 | 12.6 | 141.0% |
| Taiwan (Chinese) | 2.9 | 16.4 | 9.9 | 11.6 | 58.7% |
| United States | 8.0 | 3.7 | 8.8 | 11.5 | 12.9% |
| China | 1.8 | 15.6 | 9.1 | 10.6 | 80.6% |
| Thailand | 3.9 | 39.2 | 16.4 | 10.6 | 39.6% |
| France | 6.7 | 7.7 | 3.5 | 5.2 | -8.1% |
| United Kingdom | 2.9 | 7.3 | 4.4 | 5.1 | 20.7% |
| Others | 3.9 | 3.8 | 48.1 | 3.2 | -6.4% |
| Total | 98.2 | 138 | 192 | 165 | 18.9% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Indonesia in 2022:
- Singapore (2.9 tons)
- South Korea (2.7 tons)
- Thailand (2.5 tons)
- China (1.5 tons)
- United States (1.1 tons)
- Taiwan (Chinese) (0.6 tons)
- United Kingdom (0.3 tons)
- France (0.2 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Indonesia
In 2022, overseas shipments of poly(lactic acid); in primary formses decreased by -58.2% to 6.9 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 181% against the previous year.
In value terms, poly(lactic acid); in primary forms exports declined to $22K in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 60%.
| Export of Poly(Lactic Acid); in Primary Forms in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 10.9 | 0% |
| Bangladesh | 3.0 | 15.7 | 1.3 | 7.1 | 33.3% |
| Singapore | 0.2 | 1.3 | 0.1 | 0.6 | 44.2% |
| Malaysia | 1.4 | N/A | 15.8 | N/A | 235.9% |
| Taiwan (Chinese) | N/A | N/A | 8.1 | N/A | 0% |
| Others | 6.8 | 1.4 | 0.1 | 3.3 | -21.4% |
| Total | 11.5 | 18.4 | 25.3 | 21.9 | 24.0% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Indonesia in 2022:
- Bangladesh (5.9 tons)
- Germany (0.8 tons)
- Singapore (0.1 tons)
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