Indonesia: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Indonesia

The Indonesian prepared additives for cements market reduced to $X in 2022, which is down by -6% against the previous year. The market value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Prepared Additives For Cements, Mortars Or Concretes in Indonesia

In value terms, prepared additives for cements production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by 21%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Indonesia

For the third year in a row, Indonesia recorded growth in shipments abroad of prepared additives for cements, mortars or concretes, which increased by 29% to X tons in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2014 with an increase of 225%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, prepared additives for cements exports expanded notably to $X in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 93%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Bangladesh (X tons), Australia (X tons) and Thailand (X tons) were the main destinations of prepared additives for cements exports from Indonesia, with a combined 66% share of total exports. The Philippines, Singapore, India, Malaysia, Myanmar and Sri Lanka lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +67.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared additives for cements exported from Indonesia were Bangladesh ($X), Australia ($X) and Thailand ($X), with a combined 70% share of total exports.

Among the main countries of destination, Australia, with a CAGR of +58.3%, saw 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 prepared additives for cements export price stood at $X per ton in 2022, shrinking by -16% against the previous year. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 13% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Malaysia ($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 India (+2.1%), while the prices for the other major destinations experienced a decline.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Indonesia

In 2022, the amount of prepared additives for cements, mortars or concretes imported into Indonesia shrank sharply to X tons, which is down by -32.9% on the previous year's figure. In general, imports recorded a noticeable decline. The pace of growth was the most pronounced in 2017 with an increase of 35%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, prepared additives for cements imports expanded sharply to $X in 2022. Over the period under review, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 12%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest prepared additives for cements supplier to Indonesia, accounting for a 66% share of total imports. Moreover, prepared additives for cements imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The third position in this ranking was taken by South Korea (X tons), with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-9.9% per year) and South Korea (-10.1% per year).

In value terms, China ($X) constituted the largest supplier of prepared additives for cements, mortars or concretes to Indonesia, comprising 57% of total imports. The second position in the ranking was taken by France ($X), with an 8.2% share of total imports. It was followed by Thailand, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-7.4% per year) and Thailand (+1.0% per year).

Import Prices by Country

The average prepared additives for cements import price stood at $X per ton in 2022, with an increase of 63% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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