Indonesia: Amylaceous Finishing Agents Market 2024

Amylaceous Finishing Agents Market Size in Indonesia

The Indonesian amylaceous finishing agents market contracted slightly to $X in 2022, reducing by X% against the previous year. In general, consumption, however, saw strong growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Amylaceous Finishing Agents Production in Indonesia

In value terms, amylaceous finishing agents production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Amylaceous Finishing Agents Exports

Exports from Indonesia

In 2022, overseas shipments of finishing agents with amylaceous basis increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, amylaceous finishing agents exports surged to $X in 2022. In general, exports, however, continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Vietnam (X tons) was the main destination for amylaceous finishing agents exports from Indonesia, with a X% share of total exports. Moreover, amylaceous finishing agents exports to Vietnam exceeded the volume sent to the second major destination, Japan (X tons), fourfold. Singapore (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Singapore (X% per year).

In value terms, Vietnam ($X) remains the key foreign market for finishing agents with amylaceous basis exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Vietnam stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Singapore (X% per year).

Export Prices by Country

The average amylaceous finishing agents export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, showed a slight decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

Amylaceous Finishing Agents Imports

Imports into Indonesia

In 2022, overseas purchases of finishing agents with amylaceous basis decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, amylaceous finishing agents imports dropped to $X in 2022. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest amylaceous finishing agents supplier to Indonesia, with a X% share of total imports. Moreover, amylaceous finishing agents imports from Germany exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), sixfold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and China (X% per year).

In value terms, the United States ($X), Germany ($X) and South Korea ($X) were the largest amylaceous finishing agents suppliers to Indonesia, with a combined X% share of total imports.

In terms of the main suppliers, the United States, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average amylaceous finishing agents import price amounted to $X per ton, rising by X% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, amylaceous finishing agents import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady 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 the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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