Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Indonesia - 2022

Contents:

1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Indonesia (CIF) - 2022
2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Indonesia (FOB) - 2022
3. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Indonesia
4. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Indonesia

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Indonesia (CIF) - 2022

In 2022, the average import price for twine, cordage or rope; knotted netting, of other than man-made textileses amounted to $3,664 per ton, jumping by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2014 an increase of 47% against the previous year. Over the period under review, average import prices attained the peak figure at $4,090 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 South Korea ($20,074 per ton), while the price for China ($2,988 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Indonesia (FOB) - 2022

The average export price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $2,903 per ton in 2022, reducing by -34.2% against the previous year. Over the period under review, the export price showed a perceptible slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 207%. As a result, the export price reached the peak level of $11,723 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($7,212 per ton), while the average price for exports to Timor-Leste ($1,304 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 the Netherlands (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Indonesia

For the fourth year in a row, Indonesia recorded growth in overseas purchases of twine, cordage or rope; knotted netting, of other than man-made textileses, which increased by 4.7% to 1.9K tons in 2022. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 10% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses surged to $6.8M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to Indonesia in 2022:

1. China (786.8 tons)
2. Singapore (520.1 tons)
3. Malaysia (467.5 tons)
4. Thailand (47.1 tons)
5. South Korea (26.5 tons)
6. Taiwan (Chinese) (5.7 tons)

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Indonesia

In 2022, shipments abroad of twine, cordage or rope; knotted netting, of other than man-made textileses increased by 1,513% to 169 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses soared to $491K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from Indonesia in 2022:

1. South Korea (165.3 tons)
2. United States (1.1 tons)
3. Japan (0.2 tons)

Source: IndexBox Market Intelligence Platform