Indonesia: Cotton Linters Market 2024

Cotton Linters Market Size in Indonesia

The Indonesian cotton linters market skyrocketed to $X in 2021, increasing by 45% 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). In general, consumption, however, saw a perceptible decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Cotton Linters Exports

Exports from Indonesia

In 2021, shipments abroad of cotton linters increased by 39% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2020 with an increase of 390% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cotton linters exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 516%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Malaysia (X tons) and Brunei Darussalam (X tons) were the main destinations of cotton linters exports from Indonesia, together comprising 44% of total exports. Bulgaria, Italy, Taiwan (Chinese), Vietnam, Greece, Singapore, India, China and Thailand lagged somewhat behind, together comprising a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +28.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cotton linters exported from Indonesia were the United States ($X), Malaysia ($X) and Taiwan (Chinese) ($X), with a combined 43% share of total exports. Brunei Darussalam, Italy, Vietnam, Greece, India, Singapore, China, Bulgaria and Thailand lagged somewhat behind, together accounting for a further 31%.

In terms of the main countries of destination, Italy, with a CAGR of +25.8%, saw the highest growth rate of 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

The average cotton linters export price stood at $X per ton in 2021, with an increase of 1.8% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cotton linters export price increased by +77.8% against 2017 indices. The growth pace was the most rapid in 2018 when the average export price increased by 57%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Bulgaria ($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 Thailand (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Linters Imports

Imports into Indonesia

In 2021, overseas purchases of cotton linters increased by 38% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when imports increased by 299% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, cotton linters imports surged to $X in 2021. Overall, imports, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by 272% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, South Africa (X tons) was the main cotton linters supplier to Indonesia, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from South Africa amounted to -7.1%.

In value terms, South Africa ($X) constituted the largest supplier of cotton linters to Indonesia.

From 2012 to 2021, the average annual growth rate of value from South Africa amounted to -4.4%.

Import Prices by Country

The average cotton linters import price stood at $X per ton in 2021, rising by 6.6% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cotton linters import price increased by +24.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 43% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to +3.0% per year.

Source: IndexBox Platform

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