Indonesia: Aldehydes Cyclic Polymers Market 2024

Aldehydes Cyclic Polymers Market Size in Indonesia

The Indonesian aldehydes cyclic polymers market declined sharply to $X in 2022, dropping by -16% against the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +39.6% against 2020 indices. Over the period under review, the market hit record highs at $X in 2021, and then contracted markedly in the following year.

Aldehydes Cyclic Polymers Production in Indonesia

In value terms, aldehydes cyclic polymers production reached $X in 2022 estimated in export price. Overall, production enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by 24%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Aldehydes Cyclic Polymers Exports

Exports from Indonesia

In 2022, overseas shipments of cyclic polymers of aldehydes were finally on the rise to reach X tons for the first time since 2012, thus ending a nine-year declining trend. In general, exports, however, recorded a deep downturn. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aldehydes cyclic polymers exports contracted to $X in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 6.6%. As a result, the exports reached the peak of $X, and then contracted slightly in the following year.

Exports by Country

Singapore (X tons) was the main destination for aldehydes cyclic polymers exports from Indonesia, accounting for a 77% share of total exports. Moreover, aldehydes cyclic polymers exports to Singapore exceeded the volume sent to the second major destination, China (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume to Singapore amounted to -20.7%.

In value terms, China ($X) remains the key foreign market for cyclic polymers of aldehydes exports from Indonesia, comprising 79% of total exports. The second position in the ranking was held by Singapore ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +45.4%.

Export Prices by Country

In 2022, the average aldehydes cyclic polymers export price amounted to $X per ton, reducing by -25.3% against the previous year. In general, the export price, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 70%. As a result, the export price attained the peak level of $X per ton, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Singapore stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+44.4%), while the prices for the other major destinations experienced more modest paces of growth.

Aldehydes Cyclic Polymers Imports

Imports into Indonesia

Aldehydes cyclic polymers imports into Indonesia contracted to X tons in 2022, which is down by -13.1% compared with the year before. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 78%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, aldehydes cyclic polymers imports plummeted to $X in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X tons) constituted the largest supplier of aldehydes cyclic polymers to Indonesia, accounting for a 75% share of total imports. Moreover, aldehydes cyclic polymers imports from Japan exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by Singapore (X tons), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume from Japan stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+33.1% per year) and Singapore (-18.3% per year).

In value terms, the largest aldehydes cyclic polymers suppliers to Indonesia were Japan ($X), China ($X) and Singapore ($X), together accounting for 98% of total imports.

In terms of the main suppliers, China, with a CAGR of +45.5%, 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 aldehydes cyclic polymers import price amounted to $X per ton, declining by -8.9% against the previous year. Over the period under review, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2013 an increase of 12% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+38.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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