Indonesia: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Indonesia

The Indonesian ethylene polymer rigid pipes market rose remarkably to $X in 2021, surging by 10% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a significant increase. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports from Indonesia

In 2021, approx. X tons of rigid tubes, pipes and hoses of polymers of ethylene were exported from Indonesia; shrinking by -33.3% compared with the previous year's figure. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 648%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, ethylene polymer rigid pipes exports declined sharply to $X in 2021. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by 303% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Philippines (X tons), Japan (X tons) and Qatar (X tons) were the main destinations of ethylene polymer rigid pipes exports from Indonesia, together accounting for 85% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +99.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ethylene polymer rigid pipes exported from Indonesia were Japan ($X), the Philippines ($X) and Singapore ($X), together accounting for 84% of total exports.

In terms of the main countries of destination, Japan, with a CAGR of +70.4%, 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

In 2021, the average ethylene polymer rigid pipes export price amounted to $X per ton, reducing by -1.9% against the previous year. Overall, the export price, however, recorded buoyant growth. The growth pace was the most rapid in 2016 an increase of 178%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Timor-Leste ($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 Hong Kong SAR (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports into Indonesia

In 2021, the amount of rigid tubes, pipes and hoses of polymers of ethylene imported into Indonesia amounted to X tons, picking up by 10% on the previous year. In general, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2019 with an increase of 242% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, ethylene polymer rigid pipes imports expanded markedly to $X in 2021. Over the period under review, imports recorded strong growth. The pace of growth was the most pronounced in 2017 when imports increased by 150%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Malaysia (X tons) and Thailand (X tons) were the main suppliers of ethylene polymer rigid pipes imports to Indonesia, together comprising 93% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +20.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene polymer rigid pipes suppliers to Indonesia were China ($X), Malaysia ($X) and Taiwan (Chinese) ($X), with a combined 84% share of total imports.

Among the main suppliers, China, with a CAGR of +20.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ethylene polymer rigid pipes import price stood at $X per ton in 2021, declining by -3.8% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2020 when the average import price increased by 31% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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