Price for Sulphites; Other than of Sodium in Indonesia - 2022
Contents:
- Price for Sulphites; Other than of Sodium in Indonesia (CIF) - 2022
- Imports of Sulphites; Other than of Sodium in Indonesia
Price for Sulphites; Other than of Sodium in Indonesia (CIF) - 2022
In March 2022, the average import price for sulphites; other than of sodia amounted to $542 per ton, jumping by 43% against the previous month. Overall, the import price posted a strong increase. The most prominent rate of growth was recorded in July 2021 an increase of 97% month-to-month. As a result, import price reached the peak level of $709 per ton. From August 2021 to March 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Taiwan (Chinese) ($1,850 per ton), while the price for Thailand ($320 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 China (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Sulphites; Other than of Sodium in Indonesia
In 2022, the amount of sulphites; other than of sodia imported into Indonesia fell to 2.9K tons, which is down by -14.5% against the previous year's figure. Over the period under review, imports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year.
In value terms, sulphites; other than of sodium imports stood at $1.4M in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Sulphites; Other than of Sodium in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,079 | 687 | 1,011 | 696 | -13.6% |
| Thailand | 28.8 | 138 | 199 | 482 | 155.8% |
| Taiwan (Chinese) | 0.6 | 1.8 | N/A | 96.2 | 443.3% |
| India | 28.3 | 28.0 | 27.9 | 60.0 | 28.5% |
| Others | 40.6 | 71.5 | 31.4 | 36.7 | -3.3% |
| Total | 1,177 | 927 | 1,270 | 1,371 | 5.2% |
Top Suppliers of Sulphites; Other than of Sodium to Indonesia in 2022:
- China (1457.0 tons)
- Thailand (1281.8 tons)
- India (105.6 tons)
- Taiwan (Chinese) (52.0 tons)
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