Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Indonesia - 2022

Contents:

  1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Indonesia (FOB) - 2022
  2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Indonesia (CIF) - 2022
  3. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Indonesia
  4. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Indonesia

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Indonesia (FOB) - 2022

In March 2022, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,304 per ton, approximately reflecting the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2021 an increase of 17% month-to-month. Over the period under review, the average export prices hit record highs at $1,497 per ton in December 2021; however, from January 2022 to March 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In March 2022, the countries with the highest prices were China ($1,566 per ton) and Thailand ($1,445 per ton), while the average price for exports to Pakistan ($1,236 per ton) and Malaysia ($1,255 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Indonesia (CIF) - 2022

The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $3,341 per ton in March 2022, growing by 77% against the previous month. In general, import price indicated a remarkable increase from March 2021 to March 2022: its price increased at an average monthly rate of +5.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses increased by +76.8% against February 2022 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Thailand ($7,486 per ton), while the price for Taiwan (Chinese) ($1,015 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 Thailand (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Indonesia

In 2022, approx. 380K tons of polymers of vinyl chloride or of other halogenated olefins, in primary formses were exported from Indonesia; growing by 48% against 2021 figures. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses surged to $397M in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 79%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia38.535.267.811142.3%
Vietnam37.435.048.887.532.8%
India1.311.568.863.9266.3%
Australia29.926.551.147.416.6%
Singapore14.215.031.224.620.1%
China25.937.633.824.4-2.0%
Pakistan6.78.15.214.228.5%
Philippines7.43.04.03.5-22.1%
Others6.712.818.920.545.2%
Total16818533039733.2%

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Indonesia in 2022:

  1. Malaysia (107.1K tons)
  2. Vietnam (83.1K tons)
  3. India (61.5K tons)
  4. Australia (39.4K tons)
  5. China (32.4K tons)
  6. Singapore (21.8K tons)
  7. Pakistan (14.7K tons)
  8. Philippines (2.5K tons)

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Indonesia

In 2022, the amount of polymers of vinyl chloride or of other halogenated olefins, in primary formses imported into Indonesia skyrocketed to 142K tons, growing by 72% against the year before. Overall, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses soared to $242M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand30.019.724.094.546.6%
China18.921.636.146.434.9%
Japan23.717.720.923.6-0.1%
South Korea7.59.817.017.833.4%
Taiwan (Chinese)8.45.711.113.316.6%
Singapore5.75.76.912.529.9%
Vietnam1.42.34.68.884.6%
Malaysia6.15.79.06.73.2%
Others14.812.715.017.96.5%
Total11610114524227.8%

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Indonesia in 2022:

  1. Thailand (58.6K tons)
  2. China (32.2K tons)
  3. Taiwan (Chinese) (13.2K tons)
  4. Japan (11.2K tons)
  5. South Korea (7.3K tons)
  6. Singapore (4.9K tons)
  7. Vietnam (4.9K tons)
  8. Malaysia (4.5K tons)

Source: IndexBox Market Intelligence Platform

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