Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Indonesia - 2022

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Indonesia (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Indonesia (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Indonesia
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Indonesia

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Indonesia (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $6,708 per ton in 2022, surging by 15% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure at $7,266 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($27,624 per ton), while the price for China ($4,070 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Indonesia (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $8,402 per ton, reducing by -45.5% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 107%. Over the period under review, the average export prices hit record highs at $15,422 per ton in 2021, and then fell notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($66,085 per ton), while the average price for exports to Taiwan (Chinese) ($1,571 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 Thailand (+33.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Indonesia

Imports of tubing; flexible, with or without fittings, of base metals into Indonesia surged to 5.8K tons in 2022, picking up by 21% on 2021 figures. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tubing; flexible, with or without fittings, of base metals surged to $39M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.0% 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 +76.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Indonesia in 2022:

1. China (4456.2 tons)
2. Thailand (325.1 tons)
3. Japan (235.2 tons)
4. India (182.4 tons)
5. United States (169.7 tons)
6. Spain (98.4 tons)
7. South Korea (84.7 tons)
8. Singapore (81.8 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Indonesia

In 2022, shipments abroad of tubing; flexible, with or without fittings, of base metals increased by 224% to 94 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a precipitous decrease.

In value terms, exports of tubing; flexible, with or without fittings, of base metals skyrocketed to $786K in 2022. In general, exports, however, recorded a abrupt descent.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Indonesia in 2022:

1. Taiwan (Chinese) (58.8 tons)
2. Poland (13.7 tons)
3. Japan (8.5 tons)
4. India (4.0 tons)
5. Australia (2.3 tons)
6. Nigeria (1.0 tons)
7. Singapore (0.9 tons)
8. Egypt (0.2 tons)

Source: IndexBox Market Intelligence Platform