Price for Waste, Parings and Scrap, of Plastics in Indonesia - 2022
Contents:
- Price for Waste, Parings and Scrap, of Plastics in Indonesia (CIF) - 2022
- Price for Waste, Parings and Scrap, of Plastics in Indonesia (FOB) - 2022
- Imports of Waste, Parings and Scrap, of Plastics in Indonesia
- Exports of Waste, Parings and Scrap, of Plastics in Indonesia
Price for Waste, Parings and Scrap, of Plastics in Indonesia (CIF) - 2022
The average import price for waste, parings and scrap, of plasticses stood at $562 per ton in March 2022, falling by -4.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in May 2021 an increase of 16% m-o-m. Over the period under review, average import prices reached the maximum at $589 per ton in February 2022, and then dropped slightly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($639 per ton), while the price for the United States ($338 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 Slovenia (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Waste, Parings and Scrap, of Plastics in Indonesia (FOB) - 2022
In March 2022, the average export price for waste, parings and scrap, of plasticses amounted to $731 per ton, shrinking by -20.9% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2021 an increase of 15% m-o-m. Over the period under review, the average export prices attained the peak figure at $923 per ton in February 2022, and then shrank notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($1,038 per ton), while the average price for exports to Vietnam ($343 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Waste, Parings and Scrap, of Plastics in Indonesia
In 2022, supplies from abroad of waste, parings and scrap, of plasticses increased by 18% to 194K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt decrease.
In value terms, imports of waste, parings and scrap, of plasticses skyrocketed to $103M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.5% 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 +64.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Waste, Parings and Scrap, of Plastics in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 10.1 | 17.5 | 36.4 | 45.4 | 65.0% |
| Germany | 12.4 | 13.4 | 2.0 | 15.0 | 6.6% |
| Belgium | 4.6 | 3.0 | 8.7 | 10.2 | 30.4% |
| United States | 12.0 | 3.3 | 6.1 | 6.1 | -20.2% |
| Singapore | 2.5 | 4.3 | 7.6 | 5.3 | 28.5% |
| Australia | 8.6 | 5.3 | 8.1 | 5.1 | -16.0% |
| Slovenia | 3.1 | 5.6 | 1.3 | 4.3 | 11.5% |
| Marshall Islands | 11.7 | N/A | N/A | N/A | 0% |
| Others | 18.2 | 10.6 | 9.4 | 12.0 | -13.0% |
| Total | 83.2 | 63.0 | 79.6 | 103 | 7.4% |
Top Suppliers of Waste, Parings and Scrap, of Plastics to Indonesia in 2022:
- Netherlands (79.7K tons)
- Germany (25.6K tons)
- Belgium (20.1K tons)
- United States (17.7K tons)
- Singapore (12.0K tons)
- Australia (9.5K tons)
- Slovenia (7.9K tons)
Exports of Waste, Parings and Scrap, of Plastics in Indonesia
In 2022, the amount of waste, parings and scrap, of plasticses exported from Indonesia shrank markedly to 34K tons, declining by -23.3% compared with the previous year. Over the period under review, exports saw a sharp setback. The pace of growth was the most pronounced in 2021 when exports increased by 2.7%.
In value terms, exports of waste, parings and scrap, of plasticses fell remarkably to $27M in 2022. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 17%.
| Export of Waste, Parings and Scrap, of Plastics in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.2 | 2.9 | 7.8 | 4.2 | 175.9% |
| Ireland | 6.5 | 3.4 | 5.0 | 3.7 | -17.1% |
| United States | 3.2 | 5.3 | 3.7 | 3.3 | 1.0% |
| Belgium | 3.0 | 2.1 | 5.6 | 3.3 | 3.2% |
| Malaysia | 0.9 | 0.5 | 0.5 | 2.4 | 38.7% |
| Australia | 1.8 | 2.1 | 2.0 | 1.9 | 1.8% |
| Vietnam | 1.4 | 0.9 | 1.8 | 1.2 | -5.0% |
| Switzerland | N/A | N/A | N/A | 1.2 | 0% |
| Romania | N/A | 0.4 | 0.2 | 0.8 | 41.4% |
| United Kingdom | 1.5 | 4.3 | 0.5 | 0.7 | -22.4% |
| Germany | 0.4 | 0.1 | 0.4 | 0.7 | 20.5% |
| Italy | 1.1 | 0.3 | 1.0 | 0.6 | -18.3% |
| China | 22.7 | 2.4 | 1.8 | 0.5 | -72.0% |
| Others | 4.8 | 3.3 | 2.5 | 2.4 | -20.6% |
| Total | 47.7 | 27.9 | 32.7 | 27.0 | -17.3% |
Top Export Markets for Waste, Parings and Scrap, of Plastics from Indonesia in 2022:
- United States (4.7K tons)
- Taiwan (Chinese) (4.7K tons)
- Malaysia (4.5K tons)
- Ireland (3.4K tons)
- Belgium (3.4K tons)
- Vietnam (3.2K tons)
- Australia (2.4K tons)
- Romania (1.1K tons)
- China (0.9K tons)
- Switzerland (0.9K tons)
- United Kingdom (0.7K tons)
- Italy (0.6K tons)
- Germany (0.6K tons)
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