Indonesia: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Indonesia

In 2022, the Indonesian market for plasticised mixed polyvinyl chloride in primary forms increased by 25% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Plasticised Mixed Polyvinyl Chloride in Primary Forms in Indonesia

In value terms, production of plasticised mixed polyvinyl chloride in primary forms contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 14%. Production of peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Indonesia

In 2022, approx. X tons of plasticised mixed polyvinyl chloride in primary forms were exported from Indonesia; which is down by -43.6% compared with the year before. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2014 with an increase of 14%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms dropped dramatically to $X in 2022. Overall, exports saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 36%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X tons), Thailand (X tons) and the Philippines (X tons) were the main destinations of exports of plasticised mixed polyvinyl chloride in primary forms from Indonesia, together accounting for 76% 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 the Philippines (with a CAGR of +182.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plasticised mixed polyvinyl chloride in primary forms exported from Indonesia were Vietnam ($X), Thailand ($X) and the Philippines ($X), with a combined 74% share of total exports.

Among the main countries of destination, the Philippines, with a CAGR of +168.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, surging by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Malaysia ($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 (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Indonesia

For the fourth consecutive year, Indonesia recorded growth in overseas purchases of plasticised mixed polyvinyl chloride in primary forms, which increased by 390% to X tons in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms soared to $X in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Hong Kong SAR (X tons) were the main suppliers of imports of plasticised mixed polyvinyl chloride in primary forms to Indonesia, with a combined 82% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +38.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Indonesia, comprising 48% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 19% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +47.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+18.8% per year) and Taiwan (Chinese) (+31.3% per year).

Import Prices by Country

The average import price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Japan ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :