Indonesia - Esters Of Acrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcrylic Acid Esters Price in Indonesia - 2022
Contents:
- Acrylic Acid Esters Price in Indonesia (CIF) - 2022
- Acrylic Acid Esters Price in Indonesia (FOB) - 2022
- Acrylic Acid Esters Imports in Indonesia
- Acrylic Acid Esters Exports in Indonesia
Acrylic Acid Esters Price in Indonesia (CIF) - 2022
The average acrylic acid esters import price stood at $2,224 per ton in March 2022, dropping by -4.8% against the previous month. Over the period under review, import price indicated a notable expansion from March 2021 to March 2022: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, acrylic acid esters import price decreased by -36.7% against October 2021 indices. The pace of growth was the most pronounced in October 2021 when the average import price increased by 40% month-to-month. As a result, import price reached the peak level of $3,513 per ton. From November 2021 to March 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In March 2022, the countries with the highest prices were South Korea ($2,645 per ton) and the United States ($2,315 per ton), while the price for Taiwan (Chinese) ($2,064 per ton) and China ($2,091 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Acrylic Acid Esters Price in Indonesia (FOB) - 2022
In March 2022, the average acrylic acid esters export price amounted to $2,311 per ton, picking up by 2.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in April 2021 when the average export price increased by 27% m-o-m. The export price peaked at $2,524 per ton in September 2021; however, from October 2021 to March 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In March 2022, the countries with the highest prices were Japan ($2,673 per ton) and India ($2,567 per ton), while the average price for exports to the Philippines ($1,816 per ton) and Singapore ($1,990 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Acrylic Acid Esters Imports in Indonesia
In 2022, the amount of esters of acrylic acid imported into Indonesia soared to 44K tons, with an increase of 20% on 2021 figures. In general, imports showed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 74%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, acrylic acid esters imports skyrocketed to $136M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 129% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Acrylic Acid Esters in Indonesia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 14.2 | 12.6 | 29.7 | 51.0 | 53.1% |
China | 9.2 | 9.1 | 28.2 | 48.5 | 74.0% |
United States | 7.0 | 3.9 | 10.7 | 18.3 | 37.8% |
Saudi Arabia | 1.3 | 1.0 | 3.4 | 5.9 | 65.6% |
South Korea | 1.5 | 1.7 | 2.0 | 3.5 | 32.6% |
Taiwan (Chinese) | 0.5 | 3.8 | 1.4 | 3.2 | 85.7% |
Others | 2.3 | 2.2 | 3.1 | 5.5 | 33.7% |
Total | 35.8 | 34.3 | 78.5 | 136 | 56.0% |
Top Suppliers of Acrylic Acid Esters to Indonesia in 2022:
- Malaysia (15.7K tons)
- China (15.5K tons)
- United States (7.0K tons)
- Saudi Arabia (2.0K tons)
- Taiwan (Chinese) (1.5K tons)
- South Korea (1.3K tons)
Acrylic Acid Esters Exports in Indonesia
In 2022, the amount of esters of acrylic acid exported from Indonesia contracted notably to 30K tons, reducing by -15.6% compared with the previous year. Overall, exports showed a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, the exports attained the peak of 35K tons, and then shrank rapidly in the following year.
In value terms, acrylic acid esters exports soared to $96M in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 197% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Acrylic Acid Esters in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 13.2 | 8.0 | 25.8 | 32.3 | 34.8% |
Thailand | 9.4 | 6.1 | 16.3 | 20.4 | 29.5% |
India | 1.5 | 1.5 | 8.2 | 10.2 | 89.5% |
Singapore | 4.0 | 3.4 | 7.9 | 9.9 | 35.3% |
Netherlands | 4.1 | 0.8 | 5.9 | 7.4 | 21.8% |
Malaysia | 5.5 | 2.2 | 5.9 | 7.3 | 9.9% |
Belgium | 0.9 | 0.9 | 2.5 | 3.1 | 51.0% |
Vietnam | 1.7 | 1.0 | 1.0 | 1.5 | -4.1% |
Philippines | 1.0 | 0.3 | 0.8 | 1.0 | 0.0% |
Others | 0.9 | 1.8 | 2.7 | 2.9 | 47.7% |
Total | 42.2 | 26.0 | 77.0 | 96.1 | 31.6% |
Top Export Markets for Acrylic Acid Esters from Indonesia in 2022:
- Japan (9.2K tons)
- Thailand (6.0K tons)
- Singapore (3.4K tons)
- India (3.1K tons)
- Netherlands (2.4K tons)
- Malaysia (2.3K tons)
- Belgium (1.2K tons)
- Vietnam (0.7K tons)
- Philippines (0.4K tons)
This report provides an in-depth analysis of the acrylic acid esters market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143320 - Esters of acrylic acid
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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