Indonesia: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Indonesia

The Indonesian market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function contracted sharply to $X in 2022, waning by -28.1% against the previous year. In general, consumption, however, saw a resilient increase. As a result, consumption reached the peak level of $X, and then reduced markedly in the following year.

Production of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Indonesia

In value terms, butanal butanal and acyclic aldehydes production declined slightly to $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.6% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 54%. Butanal butanal and acyclic aldehydes production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Indonesia

In 2022, shipments abroad of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 325% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, butanal butanal and acyclic aldehydes exports soared to $X in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 308% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Malaysia (X tons) was the main destination for butanal butanal and acyclic aldehydes exports from Indonesia, with a 77% share of total exports. Moreover, butanal butanal and acyclic aldehydes exports to Malaysia exceeded the volume sent to the second major destination, China (X tons), fivefold. The third position in this ranking was held by Thailand (X tons), with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume to Malaysia totaled +200.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+66.3% per year) and Thailand (+0.7% per year).

In value terms, Malaysia ($X) remains the key foreign market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exports from Indonesia, comprising 62% of total exports. The second position in the ranking was taken by China ($X), with a 29% share of total exports. It was followed by Singapore, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia totaled +188.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+56.6% per year) and Singapore (+14.7% per year).

Export Prices by Country

In 2022, the average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, declining by -26.2% against the previous year. Over the period under review, the export price, however, enjoyed a temperate expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 129% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Thailand ($X 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 Singapore (-1.0%), while the prices for the other major destinations experienced a decline.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Indonesia

For the fourth year in a row, Indonesia recorded growth in purchases abroad of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function, which increased by 22% to X tons in 2022. Overall, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.9% against 2017 indices. The growth pace was the most rapid in 2013 when imports increased by 97% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes imports expanded markedly to $X in 2022. In general, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of 44% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of butanal butanal and acyclic aldehydes imports to Indonesia, together comprising 70% of total imports. The UK, Malaysia, Japan, India, Singapore and Spain lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +220.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest butanal butanal and acyclic aldehydes suppliers to Indonesia were the United States ($X), the UK ($X) and China ($X), with a combined 54% share of total imports. India, Germany, Spain, Japan, Malaysia and Singapore lagged somewhat behind, together accounting for a further 33%.

Malaysia, with a CAGR of +272.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, shrinking by -6.8% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanal butanal and acyclic aldehydes import price decreased by -11.6% against 2020 indices. The growth pace was the most rapid in 2015 when the average import price increased by 36%. Over the period under review, average import prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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