Indonesia: Unsaturated Acyclic Hydrocarbons Market 2024

Unsaturated Acyclic Hydrocarbons Market Size in Indonesia

The Indonesian unsaturated acyclic hydrocarbons market rose remarkably to $X in 2021, with an increase of 12% against the previous year. In general, consumption, however, saw a abrupt slump. Unsaturated acyclic hydrocarbons consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Unsaturated Acyclic Hydrocarbons Production in Indonesia

In value terms, unsaturated acyclic hydrocarbons production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of 12%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Unsaturated Acyclic Hydrocarbons Exports

Exports from Indonesia

In 2021, overseas shipments of unsaturated acyclic hydrocarbons increased by 47% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, faced a dramatic decline. The most prominent rate of growth was recorded in 2018 when exports increased by 1,112% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, unsaturated acyclic hydrocarbons exports dropped slightly to $X in 2021. Overall, exports, however, continue to indicate a dramatic shrinkage. The smallest decline of -1% was in 2016. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons), Malaysia (X tons) and Singapore (X tons) were the main destinations of unsaturated acyclic hydrocarbons exports from Indonesia, together accounting for 97% 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 Singapore (with a CAGR of +44.4%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) emerged as the key foreign market for unsaturated acyclic hydrocarbons exports from Indonesia, comprising 45% of total exports. The second position in the ranking was held by Singapore ($X), with a 19% share of total exports. It was followed by South Korea, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Malaysia totaled -10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+51.7% per year) and South Korea (0.0% per year).

Export Prices by Country

The average unsaturated acyclic hydrocarbons export price stood at $X per ton in 2021, reducing by -32.4% against the previous year. Over the period under review, the export price, however, saw a resilient increase. The growth pace was the most rapid in 2017 an increase of 901% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the United Arab Emirates ($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 Malaysia (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.

Unsaturated Acyclic Hydrocarbons Imports

Imports into Indonesia

Unsaturated acyclic hydrocarbons imports into Indonesia surged to X tons in 2021, growing by 192% on the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2012; afterwards, it flattened through to 2021.

In value terms, unsaturated acyclic hydrocarbons imports surged to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Qatar (X tons) constituted the largest supplier of unsaturated acyclic hydrocarbons to Indonesia, accounting for a 53% share of total imports. Moreover, unsaturated acyclic hydrocarbons imports from Qatar exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by Saudi Arabia (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Qatar was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.4% per year) and Saudi Arabia (+1.7% per year).

In value terms, Qatar ($X) constituted the largest supplier of unsaturated acyclic hydrocarbons to Indonesia, comprising 44% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by the United States, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Qatar amounted to -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+47.9% per year) and the United States (-3.9% per year).

Import Prices by Country

The average unsaturated acyclic hydrocarbons import price stood at $X per ton in 2021, approximately equating the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 16% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, 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 China ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+52.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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