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Indonesia - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Triphosphate Price in Indonesia - 2022
Contents:
- Sodium Triphosphate Price in Indonesia (CIF) - 2022
- Sodium Triphosphate Price in Indonesia (FOB) - 2022
- Sodium Triphosphate Imports in Indonesia
- Sodium Triphosphate Exports in Indonesia
Sodium Triphosphate Price in Indonesia (CIF) - 2022
The average sodium triphosphate import price stood at $1,189 per ton in March 2022, shrinking by -11.5% against the previous month. In general, import price indicated noticeable growth from March 2021 to March 2022: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, sodium triphosphate import price decreased by -13.1% against December 2021 indices. The growth pace was the most rapid in December 2021 an increase of 21% against the previous month. As a result, import price reached the peak level of $1,368 per ton. From January 2022 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 Thailand ($2,272 per ton), while the price for China ($1,050 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 Thailand (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Triphosphate Price in Indonesia (FOB) - 2022
In 2022, the average sodium triphosphate export price amounted to $1,153 per ton, shrinking by -22.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 54%. As a result, the export price reached the peak level of $1,487 per ton, and then contracted significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($3,840 per ton), while the average price for exports to Australia ($880 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 Philippines (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Triphosphate Imports in Indonesia
For the fourth year in a row, Indonesia recorded growth in overseas purchases of sodium triphosphate (sodium tripolyphosphates), which increased by 0.9% to 29K tons in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 166%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, sodium triphosphate imports soared to $38M in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 179% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Sodium Triphosphate in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.5 | 6.9 | 23.5 | 33.2 | 82.1% |
Thailand | 2.8 | 2.5 | 3.2 | 4.5 | 17.1% |
Others | 0.4 | 0.3 | 0.4 | 0.6 | 14.5% |
Total | 8.7 | 9.7 | 27.0 | 38.3 | 63.9% |
Top Suppliers of Sodium Triphosphate to Indonesia in 2022:
- China (26.3K tons)
- Thailand (2.2K tons)
Sodium Triphosphate Exports in Indonesia
In 2022, sodium triphosphate exports from Indonesia surged to 343 tons, picking up by 40% on the year before. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 127% against the previous year. As a result, the exports attained the peak of 441 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sodium triphosphate exports rose sharply to $395K in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 132% against the previous year. As a result, the exports attained the peak of $427K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Sodium Triphosphate in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 132 | 361 | 219 | 239 | 21.9% |
Thailand | 25.6 | 0.4 | 75.1 | 81.9 | 47.3% |
New Zealand | 22.2 | 57.8 | 64.8 | 70.7 | 47.1% |
Others | 4.1 | 8.1 | 4.0 | 3.2 | -7.9% |
Total | 184 | 427 | 363 | 395 | 29.0% |
Top Export Markets for Sodium Triphosphate from Indonesia in 2022:
- Australia (271.9 tons)
- New Zealand (46.2 tons)
- Thailand (21.3 tons)
This report provides an in-depth analysis of the sodium triphosphate market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134270 - Sodium triphosphate (sodium tripolyphosphates)
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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