Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Indonesia - 2022

Contents:

  1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Indonesia (CIF) - 2022
  2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Indonesia (FOB) - 2022
  3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Indonesia
  4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Indonesia

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Indonesia (CIF) - 2022

In March 2022, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $3.0 per square meter, waning by -6.3% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in August 2021 when the average import price increased by 36% month-to-month. Over the period under review, average import prices reached the maximum at $3.2 per square meter in February 2022, and then fell in the following month.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Hong Kong SAR ($7.6 per square meter), while the price for China ($2.6 per square meter) was amongst the lowest.

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

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Indonesia (FOB) - 2022

The average export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes stood at $3.3 per square meter in 2022, which is down by -10% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 24% against the previous year. The export price peaked at $4.4 per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($6.2 per square meter), while the average price for exports to Nigeria ($0.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Indonesia

Imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes into Indonesia declined to 126M square meters in 2022, which is down by -9.9% against the previous year. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 90% against the previous year. As a result, imports attained the peak of 140M square meters, and then dropped in the following year.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes expanded to $327M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +72.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 68%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China81.373.213111110.9%
Vietnam33.729.955.562.422.8%
South Korea44.935.051.759.69.9%
Taiwan (Chinese)48.929.144.458.15.9%
Hong Kong SAR8.79.618.314.719.1%
Japan7.16.610.613.323.3%
Thailand1.71.01.83.223.5%
Others8.15.14.84.8-16.0%
Total23418931832711.8%

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Indonesia in 2022:

  1. China (51.8M square meters)
  2. Taiwan (Chinese) (26.6M square meters)
  3. Vietnam (24.8M square meters)
  4. South Korea (15.6M square meters)
  5. Japan (2.7M square meters)
  6. Hong Kong SAR (2.2M square meters)
  7. Thailand (2.0M square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Indonesia

Exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes from Indonesia surged to 6.6M square meters in 2022, rising by 26% compared with 2021. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes rose sharply to $22M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14.17.311.59.8-11.4%
Vietnam1.82.10.95.343.3%
Morocco2.02.83.63.318.2%
United States0.60.61.21.122.4%
Thailand0.10.10.20.8100.0%
South Korea0.30.10.50.30.0%
Malaysia0.4N/A0.10.1-37.0%
China0.72.80.20.1-47.7%
NigeriaN/A0.1N/A0.10.0%
Others1.21.01.00.9-9.1%
Total21.116.919.221.81.1%

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane from Indonesia in 2022:

  1. India (3038.5K square meters)
  2. Vietnam (1647.4K square meters)
  3. United States (657.7K square meters)
  4. Morocco (532.6K square meters)
  5. Thailand (160.0K square meters)
  6. Nigeria (121.8K square meters)
  7. South Korea (89.8K square meters)
  8. Malaysia (50.5K square meters)
  9. China (35.0K square meters)

Source: IndexBox Market Intelligence Platform

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