Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Indonesia - 2022

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Indonesia (CIF) - 2022
2. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Indonesia (FOB) - 2022
3. Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Indonesia
4. Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Indonesia

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Indonesia (CIF) - 2022

In March 2022, the average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $6,299 per ton, rising by 38% against the previous month. Over the period under review, the import price posted a notable increase. The most prominent rate of growth was recorded in October 2021 when the average import price increased by 126% month-to-month. The import price peaked at $11,082 per ton in July 2021; however, from August 2021 to March 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($5,550 per ton), while the price for Japan ($3,158 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Indonesia (FOB) - 2022

The average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $221,957 per ton in 2022, increasing by 41% against the previous year. In general, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 189%. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($236,186 per ton), while the average price for exports to the Netherlands totaled $18,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+97.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Indonesia

In 2022, the amount of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses imported into Indonesia fell dramatically to 499 tons, with a decrease of -21.5% on 2021. In general, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 82%. As a result, imports reached the peak of 636 tons, and then declined remarkably in the following year.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses fell to $3M in 2022. Overall, imports saw a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. As a result, imports reached the peak of $3.5M, and then dropped in the following year.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Indonesia in 2022:

1. China (313.1 tons)
2. Japan (104.2 tons)
3. Italy (45.0 tons)
4. India (32.0 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Indonesia

In 2022, the amount of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses exported from Indonesia dropped dramatically to 46 kg, with a decrease of -64.6% against the previous year's figure. Overall, exports recorded a precipitous setback.

In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses reduced sharply to $10K in 2022. Over the period under review, exports faced a dramatic contraction.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Indonesia in 2022:

1. Singapore (43.0 kg)
2. Netherlands (3.0 kg)

Source: IndexBox Market Intelligence Platform