Sulphides; of Sodium Price in Indonesia - 2022

Contents:

  1. Sulphides; of Sodium Price in Indonesia (CIF) - 2022
  2. Sulphides; of Sodium Price in Indonesia (FOB) - 2022
  3. Sulphides; of Sodium Imports in Indonesia
  4. Sulphides; of Sodium Exports in Indonesia

Sulphides; of Sodium Price in Indonesia (CIF) - 2022

In 2022, the average sulphides; of sodium import price amounted to $733 per ton, increasing by 54% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,352 per ton), while the price for China ($636 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphides; of Sodium Price in Indonesia (FOB) - 2022

The average sulphides; of sodium export price stood at $1,436 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 75% against the previous year. The export price peaked at $1,438 per ton in 2021, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.9% per year.

Sulphides; of Sodium Imports in Indonesia

In 2022, approx. 2.3K tons of sulphides; of sodia were imported into Indonesia; which is down by -50.9% compared with the previous year. Overall, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year.

In value terms, sulphides; of sodium imports contracted rapidly to $1.7M in 2022. In general, imports showed a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 34%.

Import of Sulphides; of Sodium in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4,9481,1161,7161,282-36.2%
Belgium162166134151-2.3%
Japan12346.333.565.1-19.1%
Others413324325177-24.6%
Total5,6461,6532,2091,674-33.3%

Top Suppliers of Sulphides; of Sodium to Indonesia in 2022:

  1. China (2016.5 tons)
  2. Belgium (111.4 tons)
  3. Japan (64.4 tons)

Sulphides; of Sodium Exports in Indonesia

In 2022, after three years of growth, there was significant decline in shipments abroad of sulphides; of sodia, when their volume decreased by -49% to 24 tons. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 3,563% against the previous year. As a result, the exports attained the peak of 48 tons, and then fell markedly in the following year.

In value terms, sulphides; of sodium exports contracted rapidly to $35K in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 5,135%. As a result, the exports attained the peak of $68K, and then declined dramatically in the following year.

Export of Sulphides; of Sodium in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.21.368.534.9458.8%
OthersN/AN/AN/AN/A0%
Total0.21.368.534.9458.8%

Top Export Markets for Sulphides; of Sodium from Indonesia in 2022:

  1. China (24.3 tons)

Source: IndexBox Market Intelligence Platform

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