Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Indonesia - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Indonesia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Indonesia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Indonesia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Indonesia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Indonesia (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $2,660 per ton, surging by 4.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17%. Over the period under review, average import prices reached the maximum at $2,709 per ton in 2012; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,468 per ton), while the price for Belgium ($1,346 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Indonesia (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $7,863 per ton in 2022, increasing by 122% against the previous year. In general, the export price recorded a moderate increase. The most prominent rate of growth was recorded in 2015 an increase of 175% against the previous year. As a result, the export price reached the peak level of $18,485 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($12,669 per ton), while the average price for exports to Malaysia ($4,412 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Indonesia
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses imported into Indonesia dropped to 7.2K tons, which is down by -6.7% compared with 2021 figures. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of 7.7K tons, and then contracted in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses reduced modestly to $19M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 60%. As a result, imports attained the peak of $20M, and then contracted in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 5.0 | 8.2 | 8.4 | 29.1% |
| United States | 0.4 | 0.7 | 4.0 | 3.9 | 113.6% |
| Belgium | 2.3 | 2.0 | 2.9 | 3.3 | 12.8% |
| Japan | 0.8 | 0.8 | 1.5 | 1.1 | 11.2% |
| Singapore | 3.9 | 2.4 | 1.2 | 0.2 | -62.8% |
| Others | 1.4 | 1.4 | 1.8 | 2.2 | 16.3% |
| Total | 12.7 | 12.3 | 19.6 | 19.2 | 14.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Indonesia in 2022:
- Belgium (2.5K tons)
- China (2.4K tons)
- United States (1.4K tons)
- Japan (0.4K tons)
- Singapore (0.1K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Indonesia
In 2022, after three years of growth, there was significant decline in overseas shipments of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses, when their volume decreased by -89% to 3.3 tons. Overall, exports, however, showed tangible growth. The most prominent rate of growth was recorded in 2020 with an increase of 290%.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses contracted rapidly to $26K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 411% against the previous year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 4.6 | 39.3 | 22.9 | 11.1 | 34.1% |
| United States | N/A | N/A | N/A | 6.0 | 0% |
| China | 0.3 | 14.5 | 2.4 | 3.4 | 124.6% |
| India | 0.4 | 4.5 | 6.3 | 2.6 | 86.6% |
| Malaysia | N/A | N/A | N/A | 2.2 | 0% |
| Australia | 7.9 | 6.5 | 3.0 | 0.8 | -53.4% |
| Japan | 0.3 | 5.3 | 3.0 | 0.1 | -30.7% |
| Vietnam | N/A | N/A | 53.5 | N/A | 0% |
| Others | 0.2 | N/A | 15.7 | N/A | 786.0% |
| Total | 13.7 | 70.0 | 107 | 26.1 | 24.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Indonesia in 2022:
- Singapore (1485.0 kg)
- Malaysia (495.0 kg)
- United States (471.0 kg)
- China (370.0 kg)
- India (337.0 kg)
- Australia (159.0 kg)
- Japan (8.0 kg)
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