Indonesia: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in Indonesia

The Indonesian dicalcium phosphate market skyrocketed to $X in 2021, with an increase of 33% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a pronounced setback. Dicalcium phosphate consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Dicalcium Phosphate Exports

Exports from Indonesia

In 2021, overseas shipments of calcium hydrogenorthophosphate (dicalcium phosphate) decreased by -55.2% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of 244% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020, and then declined rapidly in the following year.

In value terms, dicalcium phosphate exports contracted notably to $X in 2021. In general, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 181% against the previous year. The exports peaked at $X in 2020, and then declined dramatically in the following year.

Exports by Country

China (X tons), Japan (X tons) and Taiwan (Chinese) (X tons) were the main destinations of dicalcium phosphate exports from Indonesia, with a combined 94% share of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +113.2%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Japan ($X) and Taiwan (Chinese) ($X) were the largest markets for dicalcium phosphate exported from Indonesia worldwide, together comprising 86% of total exports.

Among the main countries of destination, China, with a CAGR of +82.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average dicalcium phosphate export price amounted to $X per ton, surging by 5.5% against the previous year. In general, the export price, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2018 when the average export price increased by 101% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Japan ($X per ton) and Taiwan (Chinese) ($X per ton), while the average price for exports to Malaysia ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+12.8%), while the prices for the other major destinations experienced mixed trend patterns.

Dicalcium Phosphate Imports

Imports into Indonesia

Dicalcium phosphate imports into Indonesia rose notably to X tons in 2021, surging by 15% compared with the previous year's figure. Overall, imports, however, recorded a slight slump. The most prominent rate of growth was recorded in 2019 with an increase of 20% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, dicalcium phosphate imports soared to $X in 2021. Over the period under review, imports, however, showed a pronounced decrease. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest dicalcium phosphate supplier to Indonesia, accounting for a 87% share of total imports. Moreover, dicalcium phosphate imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+34.6% per year) and Tunisia (-22.3% per year).

In value terms, China ($X) constituted the largest supplier of calcium hydrogenorthophosphate (dicalcium phosphate) to Indonesia, comprising 79% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 6.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+39.0% per year) and Tunisia (-25.8% per year).

Import Prices by Country

In 2021, the average dicalcium phosphate import price amounted to $X per ton, rising by 32% against the previous year. In general, the import price, however, saw a perceptible curtailment. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Tunisia ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :