Indonesia - Primary Polyethylene with a Specific Gravity of over 0,94 - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Price in Indonesia - 2022
Contents:
- Polyethylene Price in Indonesia (CIF) - 2022
- Polyethylene Price in Indonesia (FOB) - 2022
- Polyethylene Imports in Indonesia
- Polyethylene Exports in Indonesia
Polyethylene Price in Indonesia (CIF) - 2022
The average polyethylene import price stood at $1,354 per ton in March 2022, increasing by 2.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in April 2021 an increase of 9.3% m-o-m. The import price peaked in March 2022.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the countries with the highest prices were South Korea ($1,366 per ton) and Singapore ($1,365 per ton), while the price for Qatar ($1,264 per ton) and the United Arab Emirates ($1,266 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 Kuwait (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyethylene Price in Indonesia (FOB) - 2022
In March 2022, the average polyethylene export price amounted to $1,372 per ton, rising by 6.4% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in November 2021 an increase of 12% month-to-month. The export price peaked in March 2022.
There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was India ($1,769 per ton), while the average price for exports to Vietnam ($888 per ton) was 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 (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Polyethylene Imports in Indonesia
Polyethylene imports into Indonesia rose to 401K tons in 2022, with an increase of 4.7% against the previous year's figure. Over the period under review, imports, however, recorded a noticeable decline.
In value terms, polyethylene imports surged to $583M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 34%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Polyethylene in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 157 | 116 | 150 | 183 | 5.2% |
| Thailand | 122 | 88.2 | 148 | 181 | 14.1% |
| Malaysia | 78.5 | 52.3 | 62.7 | 77.1 | -0.6% |
| Saudi Arabia | 38.1 | 23.1 | 36.8 | 44.8 | 5.5% |
| Qatar | 15.6 | 13.9 | 18.6 | 22.6 | 13.2% |
| United Arab Emirates | 5.5 | 14.0 | 11.6 | 14.1 | 36.9% |
| United States | 12.8 | 14.1 | 6.5 | 13.3 | 1.3% |
| South Korea | 7.6 | 6.6 | 8.3 | 10.1 | 9.9% |
| Others | 29.8 | 23.3 | 28.7 | 37.6 | 8.1% |
| Total | 467 | 352 | 471 | 583 | 7.7% |
Top Suppliers of Polyethylene to Indonesia in 2022:
- Singapore (129.1K tons)
- Thailand (117.5K tons)
- Malaysia (61.0K tons)
- Saudi Arabia (30.3K tons)
- Qatar (15.6K tons)
- United States (11.5K tons)
- United Arab Emirates (8.2K tons)
- South Korea (6.3K tons)
Polyethylene Exports in Indonesia
In 2022, overseas shipments of polyethylene with a specific gravity of more then 0,94, in primary forms decreased by -44.5% to 28K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 143%. As a result, the exports reached the peak of 126K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, polyethylene exports declined remarkably to $41M in 2022. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 100% against the previous year. As a result, the exports attained the peak of $105M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Polyethylene in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.7 | 90.4 | 26.5 | 28.4 | -9.8% |
| Malaysia | 8.1 | 5.8 | 9.8 | 5.5 | -12.1% |
| Philippines | 1.5 | 4.1 | 6.2 | 3.4 | 31.4% |
| Vietnam | 0.8 | 1.8 | 2.3 | 1.3 | 17.6% |
| India | 1.7 | 1.7 | 1.7 | 0.9 | -19.1% |
| Others | 1.9 | 1.8 | 14.3 | 1.8 | -1.8% |
| Total | 52.7 | 105 | 60.8 | 41.3 | -7.8% |
Top Export Markets for Polyethylene from Indonesia in 2022:
- China (21.2K tons)
- Malaysia (2.9K tons)
- Philippines (1.9K tons)
- Vietnam (0.6K tons)
- India (0.5K tons)
This report provides an in-depth analysis of the polyethylene 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 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
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
-
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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