Indonesia: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Indonesia

In 2022, the Indonesian market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, continues to indicate a noticeable curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from Indonesia

After three years of growth, shipments abroad of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -10.4% to X tons in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 723% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof dropped slightly to $X in 2022. Over the period under review, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2019 when exports increased by 507%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The Philippines (X tons) was the main destination for exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Indonesia, with a 92% share of total exports. Moreover, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to the Philippines exceeded the volume sent to the second major destination, Thailand (X kg), more than tenfold. The third position in this ranking was taken by Malaysia (X kg), with a 0.6% share.

From 2012 to 2022, the average annual growth rate of volume to the Philippines amounted to +47.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+38.9% per year) and Malaysia (-14.6% per year).

In value terms, the Philippines ($X) remains the key foreign market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof exports from Indonesia, comprising 66% of total exports. The second position in the ranking was taken by Thailand ($X), with a 16% share of total exports. It was followed by India, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to the Philippines amounted to +50.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+48.1% per year) and India (+1.6% per year).

Export Prices by Country

In 2022, the average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, picking up by 6.9% against the previous year. In general, the export price, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 27%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to the Philippines ($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 India (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into Indonesia

In 2022, after five years of decline, there was significant growth in purchases abroad of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof, when their volume increased by 35% to X tons. In general, imports, however, saw a abrupt slump. Over the period under review, imports of reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof soared to $X in 2022. Overall, imports, however, saw a pronounced downturn. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), the Czech Republic (X tons) and Slovakia (X tons) were the main suppliers of imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Indonesia, with a combined 71% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of -3.8%), while purchases for the other leaders experienced a decline.

In value terms, the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines suppliers to Indonesia were China ($X), the Czech Republic ($X) and Slovakia ($X), together comprising 70% of total imports.

In terms of the main suppliers, China, with a CAGR of -1.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, with an increase of 22% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by +62.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :