Indonesia: Market for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) 2024

Market Size for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Indonesia

The Indonesian market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) was finally on the rise to reach $X in 2021, after three years of decline. In general, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Exports from Indonesia

In 2021, approx. X tons of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) were exported from Indonesia; jumping by 187% on the previous year. In general, exports, however, saw a slight curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) surged to $X in 2021. Overall, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2019 when exports increased by 137%. Over the period under review, the exports of (excl. hexamethylenediamine and ethylenediamine) hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from Indonesia, accounting for a 86% share of total exports. Moreover, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to China exceeded the volume sent to the second major destination, Vietnam (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +60.1%.

In value terms, China ($X) remains the key foreign market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) exports from Indonesia, comprising 86% of total exports. The second position in the ranking was held by Vietnam ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +31.2%.

Export Prices by Country

The average export price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2021, waning by -33% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth was the most pronounced in 2019 an increase of 83%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Vietnam totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+43.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Imports into Indonesia

In 2021, overseas purchases of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) increased by 17% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports (excl. hexamethylenediamine and ethylenediamine) increased by +16.9% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by 47% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) soared to $X in 2021. The total import value increased at an average annual rate of +5.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of acyclic polyamines and their derivatives and salts thereof to Indonesia, accounting for a 53% share of total imports. Moreover, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from China exceeded the figures recorded by the second-largest supplier, the Philippines (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (-1.2% per year) and the United States (-4.5% per year).

In value terms, the largest acyclic polyamines and their derivatives and salts thereof suppliers to Indonesia were China ($X), the Philippines ($X) and Japan ($X), with a combined 78% share of total imports.

China, with a CAGR of +23.9%, recorded 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

The average import price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2021, picking up by 16% against the previous year. In general, the import price, however, recorded a noticeable reduction. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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