Indonesia: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Indonesia

The Indonesian halogenated hydrocarbon derivative market amounted to $X in 2022, growing by 14% against the previous year. In general, consumption enjoyed a resilient increase. Halogenated hydrocarbon derivative consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Halogenated Hydrocarbon Derivative Production in Indonesia

In value terms, halogenated hydrocarbon derivative production stood at $X in 2022 estimated in export price. Over the period under review, production saw a resilient expansion. The growth pace was the most rapid in 2016 with an increase of 38%. Halogenated hydrocarbon derivative production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Halogenated Hydrocarbon Derivative Exports

Exports from Indonesia

In 2022, after three years of growth, there was significant decline in overseas shipments of halogenated derivatives of hydrocarbons, when their volume decreased by -20.6% to X tons. Over the period under review, total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.3% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of 57% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank remarkably in the following year.

In value terms, halogenated hydrocarbon derivative exports skyrocketed to $X in 2022. In general, exports, however, showed prominent growth. The growth pace was the most rapid in 2021 with an increase of 127%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Thailand (X tons), Vietnam (X tons) and India (X tons) were the main destinations of halogenated hydrocarbon derivative exports from Indonesia, with a combined 88% 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 Vietnam (with a CAGR of +27.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for halogenated hydrocarbon derivative exported from Indonesia were Thailand ($X), Vietnam ($X) and India ($X), together comprising 90% of total exports.

Vietnam, with a CAGR of +35.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average halogenated hydrocarbon derivative export price stood at $X per ton in 2022, with an increase of 48% against the previous year. Overall, the export price showed a strong expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 77% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to China ($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 South Korea (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Halogenated Hydrocarbon Derivative Imports

Imports into Indonesia

In 2022, supplies from abroad of halogenated derivatives of hydrocarbons decreased by -5.5% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, imports recorded a slight descent. The most prominent rate of growth was recorded in 2018 with an increase of 29%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, halogenated hydrocarbon derivative imports skyrocketed to $X in 2022. In general, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.4% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 30%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

Japan (X tons), Thailand (X tons) and China (X tons) were the main suppliers of halogenated hydrocarbon derivative imports to Indonesia, together comprising 90% of total imports. South Korea, Taiwan (Chinese) and Malaysia lagged somewhat behind, together comprising a further 7.8%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +7.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest halogenated hydrocarbon derivative suppliers to Indonesia were Japan ($X), Thailand ($X) and China ($X), with a combined 93% share of total imports.

Thailand, with a CAGR of +12.1%, saw the highest growth rate of the value of imports, among the main suppliers 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 halogenated hydrocarbon derivative import price amounted to $X per ton, increasing by 25% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, halogenated hydrocarbon derivative import price increased by +89.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44%. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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