Indonesia: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2022

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Indonesia

In 2021, the Indonesian market for medicaments of alkaloids or derivatives thereof increased by X% to $X, rising for the fifth consecutive year after two years of decline. In general, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Indonesia

In 2021, shipments abroad of medicaments of alkaloids or derivatives thereof increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, exports of medicaments of alkaloids or derivatives thereof dropped to $X in 2021. In general, exports showed a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria (X tons) was the main destination for exports of medicaments of alkaloids or derivatives thereof from Indonesia, accounting for a X% share of total exports. Moreover, exports of medicaments of alkaloids or derivatives thereof to Nigeria exceeded the volume sent to the second major destination, Malaysia (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nigeria stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and the Philippines (+X% per year).

In value terms, Malaysia ($X) remains the key foreign market for medicaments of alkaloids or derivatives thereof exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+X% per year) and the Philippines (+X% per year).

Export Prices by Country

The average export price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2021, waning by -X% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Nigeria ($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 Malaysia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Indonesia

For the sixth year in a row, Indonesia recorded growth in purchases abroad of medicaments of alkaloids or derivatives thereof, which increased by X% to X tons in 2021. Overall, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, imports of medicaments of alkaloids or derivatives thereof rose significantly to $X in 2021. Over the period under review, total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Taiwan (Chinese) (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of imports of medicaments of alkaloids or derivatives thereof to Indonesia, with a combined X% share of total imports. The United States, the UK, France and Malaysia lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in France (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments of alkaloids or derivatives thereof suppliers to Indonesia were Belgium ($X), France ($X) and the Netherlands ($X), together comprising X% of total imports.

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

Import Prices by Country

The average import price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2021, approximately reflecting the previous year. In general, the import price, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 France ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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