Indonesia: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Indonesia

In 2021, the Indonesian anti-freezing preparations market decreased by -12.7% to $X, falling for the third year in a row after two years of growth. Overall, consumption recorded a abrupt decline. Anti-freezing preparations consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Anti-Freezing Preparations Exports

Exports from Indonesia

In 2021, approx. X tons of anti-freezing preparations and prepared de-icing fluids were exported from Indonesia; increasing by 134% on the previous year. In general, exports recorded significant growth. The growth pace was the most rapid in 2014 when exports increased by 12,592% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, anti-freezing preparations exports surged to $X in 2021. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 4,104% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

South Korea (X tons), Thailand (X tons) and the Philippines (X tons) were the main destinations of anti-freezing preparations exports from Indonesia, with a combined 71% share of total exports. Malaysia, Vietnam, Singapore, Japan and Pakistan lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +185.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) emerged as the key foreign market for anti-freezing preparations and prepared de-icing fluids exports from Indonesia, comprising 39% of total exports. The second position in the ranking was held by Thailand ($X), with a 19% share of total exports. It was followed by Malaysia, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to South Korea stood at +175.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+91.1% per year) and Malaysia (+97.4% per year).

Export Prices by Country

In 2021, the average anti-freezing preparations export price amounted to $X per ton, growing by 8.9% against the previous year. In general, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 16% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+22.7%), while the prices for the other major destinations experienced mixed trend patterns.

Anti-Freezing Preparations Imports

Imports into Indonesia

In 2021, supplies from abroad of anti-freezing preparations and prepared de-icing fluids increased by 42% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -25.1% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of 50%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, anti-freezing preparations imports soared to $X in 2021. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -19.1% against 2018 indices. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Australia (X tons) constituted the largest supplier of anti-freezing preparations to Indonesia, accounting for a 70% share of total imports. Moreover, anti-freezing preparations imports from Australia exceeded the figures recorded by the second-largest supplier, Singapore (X tons), ninefold. The third position in this ranking was held by China (X tons), with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume from Australia amounted to +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+6.3% per year) and China (+22.1% per year).

In value terms, Australia ($X) constituted the largest supplier of anti-freezing preparations and prepared de-icing fluids to Indonesia, comprising 55% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by Singapore, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Australia totaled +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+43.3% per year) and Singapore (+2.3% per year).

Import Prices by Country

The average anti-freezing preparations import price stood at $X per ton in 2021, remaining stable against the previous year. Over the period under review, the import price recorded a mild downturn. The most prominent rate of growth was recorded in 2019 an increase of 11%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+17.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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