Indonesia: Sulphides Of Non-Metals Market 2024

Sulphides Of Non-Metals Market Size in Indonesia

The Indonesian sulphides of non-metals market surged to $X in 2021, rising by 60% 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). Overall, consumption continues to indicate a tangible increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Sulphides Of Non-Metals Exports

Exports from Indonesia

After two years of growth, overseas shipments of sulphides of non-metals and commercial phosphorus trisulphide decreased by -26.4% to X tons in 2021. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2014 when exports increased by 344% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, sulphides of non-metals exports contracted dramatically to $X in 2021. Overall, exports, however, posted a noticeable expansion. The pace of growth was the most pronounced in 2015 when exports increased by 253%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Australia (X tons), Japan (X tons) and the Netherlands (X tons) were the main destinations of sulphides of non-metals exports from Indonesia, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +36.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sulphides of non-metals exported from Indonesia were Australia ($X), Japan ($X) and the Netherlands ($X), together comprising 98% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +28.7%, 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 mixed trend patterns.

Export Prices by Country

In 2021, the average sulphides of non-metals export price amounted to $X per ton, increasing by 2.4% against the previous year. Over the period under review, the export price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2016 an increase of 45% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Australia ($X per ton) and Japan ($X per ton), while the average price for exports to the Netherlands ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-3.7%), while the prices for the other major destinations experienced a decline.

Sulphides Of Non-Metals Imports

Imports into Indonesia

In 2021, the amount of sulphides of non-metals and commercial phosphorus trisulphide imported into Indonesia skyrocketed to X tons, surging by 20% on the previous year. Overall, imports recorded a strong increase. The growth pace was the most rapid in 2018 when imports increased by 101% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, sulphides of non-metals imports soared to $X in 2021. Over the period under review, imports saw a pronounced increase. The most prominent rate of growth was recorded in 2018 with an increase of 120%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Japan (X tons), Thailand (X tons) and China (X tons) were the main suppliers of sulphides of non-metals imports to Indonesia, with a combined 77% share of total imports. These countries were followed by Germany and India, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +302.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Thailand ($X) and China ($X) constituted the largest sulphides of non-metals suppliers to Indonesia, together accounting for 77% of total imports.

Thailand, with a CAGR of +247.9%, 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

In 2021, the average sulphides of non-metals import price amounted to $X per ton, increasing by 10% against the previous year. In general, the import price, however, showed a noticeable reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from China ($X per ton) and India ($X per ton), while the price for Germany ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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