Carbonates; Potassium Carbonate Price in Indonesia - 2022
Contents:
- Carbonates; Potassium Carbonate Price in Indonesia (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Indonesia (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Indonesia
- Carbonates; Potassium Carbonate Exports in Indonesia
Carbonates; Potassium Carbonate Price in Indonesia (CIF) - 2022
In 2022, the average carbonates; potassium carbonate import price amounted to $1,087 per ton, with an increase of 28% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 70% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,264 per ton), while the price for Russia ($926 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Indonesia (FOB) - 2022
In 2022, the average carbonates; potassium carbonate export price amounted to $2,893 per ton, approximately reflecting the previous year. Overall, the export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 74%. As a result, the export price attained the peak level of $2,894 per ton; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($6,799 per ton), while the average price for exports to Malaysia totaled $2,757 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+10.1%), while the prices for the other major destinations experienced a decline.
Carbonates; Potassium Carbonate Imports in Indonesia
Carbonates; potassium carbonate imports into Indonesia shrank modestly to 9.7K tons in 2022, dropping by -3.8% compared with the previous year. In general, imports showed a noticeable shrinkage. The growth pace was the most rapid in 2021 when imports increased by 6.4% against the previous year.
In value terms, carbonates; potassium carbonate imports surged to $11M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Potassium Carbonate in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.0 | 5.2 | 5.8 | 6.9 | 11.3% |
| Taiwan (Chinese) | 1.6 | 1.5 | 1.4 | 1.8 | 4.0% |
| Thailand | 1.0 | 0.6 | 0.5 | 0.8 | -7.2% |
| United States | 0.6 | 0.2 | 0.2 | 0.4 | -12.6% |
| Others | 0.7 | 0.5 | 0.6 | 0.7 | 0.0% |
| Total | 8.9 | 8.0 | 8.6 | 10.6 | 6.0% |
Top Suppliers of Carbonates; Potassium Carbonate to Indonesia in 2022:
- South Korea (6.4K tons)
- Taiwan (Chinese) (1.9K tons)
- Thailand (0.8K tons)
- United States (0.3K tons)
Carbonates; Potassium Carbonate Exports in Indonesia
Carbonates; potassium carbonate exports from Indonesia shrank dramatically to 3.7 tons in 2022, which is down by -25% on 2021. Overall, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 100% against the previous year.
In value terms, carbonates; potassium carbonate exports fell markedly to $11K in 2022. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 100% against the previous year.
| Export of Carbonates; Potassium Carbonate in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 15.6 | 6.8 | 13.0 | 9.9 | -14.1% |
| Singapore | 0.1 | 0.4 | 1.2 | 0.8 | 100.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.6 | 7.1 | 14.2 | 10.7 | -11.8% |
Top Export Markets for Carbonates; Potassium Carbonate from Indonesia in 2022:
- Malaysia (3.6 tons)
- Singapore (0.1 tons)
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