Indonesia: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Indonesia

In 2022, the Indonesian market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by 11% to $X, rising for the second year in a row after three years of decline. Overall, consumption posted a buoyant increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from Indonesia

After six years of growth, overseas shipments of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -42.2% to X tons in 2022. Overall, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2014 with an increase of 608%. Over the period under review, the exports of reached the peak figure at X tons in 2021, and then reduced rapidly in the following year.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reduced markedly to $X in 2022. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 663% against the previous year. The exports peaked at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

Singapore (X tons), Taiwan (Chinese) (X tons) and the Philippines (X tons) were the main destinations of exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Indonesia, with a combined 63% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +78.4%), while the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Singapore ($X) and Japan ($X) appeared to be the largest markets for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exported from Indonesia worldwide, with a combined 69% share of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of +51.8%, 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

The average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X per ton in 2022, reducing by -2% against the previous year. In general, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of 27%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Myanmar ($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 Thailand (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into Indonesia

In 2022, purchases abroad of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by 11% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports showed a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 72% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid expanded notably to $X in 2022. In general, imports posted a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 134%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplier to Indonesia, accounting for a 60% share of total imports. Moreover, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Thailand (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2022, the average annual growth rate of volume from Malaysia amounted to +35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+42.0% per year) and Thailand (+22.6% per year).

In value terms, Malaysia ($X) constituted the largest supplier of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Indonesia, comprising 62% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Thailand, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value from Malaysia stood at +32.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+39.7% per year) and Thailand (+22.9% per year).

Import Prices by Country

The average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X per ton in 2022, stabilizing at the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 63%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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