Indonesia: Acyclic Hydrocarbons Derivatives Market 2024

Acyclic Hydrocarbons Derivatives Market Size in Indonesia

The Indonesian acyclic hydrocarbons derivatives market contracted to $X in 2021, which is down by -5.7% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then declined in the following year.

Acyclic Hydrocarbons Derivatives Production in Indonesia

In value terms, acyclic hydrocarbons derivatives production reduced to $X in 2021 estimated in export price. Over the period under review, production saw a mild downturn. The growth pace was the most rapid in 2020 when the production volume increased by 12% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Acyclic Hydrocarbons Derivatives Exports

Exports from Indonesia

In 2021, after two years of growth, there was significant decline in shipments abroad of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons, when their volume decreased by -39.9% to X tons. In general, exports saw a dramatic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 64% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, acyclic hydrocarbons derivatives exports declined rapidly to $X in 2021. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 69% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for acyclic hydrocarbons derivatives exports from Indonesia, with a 71% share of total exports. Moreover, acyclic hydrocarbons derivatives exports to China exceeded the volume sent to the second major destination, Malaysia (X tons), threefold. The third position in this ranking was taken by Timor-Leste (X kg), with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled -3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+17.9% per year) and Timor-Leste (+45.3% per year).

In value terms, China ($X) emerged as the key foreign market for fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons exports from Indonesia, comprising 77% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 20% share of total exports. It was followed by Singapore, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+13.8% per year) and Singapore (-8.9% per year).

Export Prices by Country

The average acyclic hydrocarbons derivatives export price stood at $X per ton in 2021, jumping by 18% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The growth pace was the most rapid in 2013 an increase of 197% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to Timor-Leste ($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 Vietnam (+208.7%), while the prices for the other major destinations experienced more modest paces of growth.

Acyclic Hydrocarbons Derivatives Imports

Imports into Indonesia

In 2021, after seven years of growth, there was significant decline in overseas purchases of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons, when their volume decreased by -9.1% to X tons. Overall, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2016 when imports increased by 51% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then declined in the following year.

In value terms, acyclic hydrocarbons derivatives imports declined modestly to $X in 2021. Over the period under review, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 62%. Imports peaked at $X in 2020, and then contracted slightly in the following year.

Imports by Country

In 2021, China (X tons) was the main supplier of acyclic hydrocarbons derivatives to Indonesia, accounting for a 95% share of total imports. It was followed by Japan (X tons), with a 2.1% share of total imports. The United States (X tons) ranked third in terms of total imports with a 0.9% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-10.1% per year) and the United States (-11.9% per year).

In value terms, China ($X) constituted the largest supplier of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons to Indonesia, comprising 91% of total imports. The second position in the ranking was held by Japan ($X), with a 3% share of total imports. It was followed by the United States, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-11.1% per year) and the United States (-6.1% per year).

Import Prices by Country

The average acyclic hydrocarbons derivatives import price stood at $X per ton in 2021, picking up by 7.7% against the previous year. Overall, the import price, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 60% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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