Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Indonesia - 2022

Contents:

  1. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Indonesia (FOB) - 2022
  2. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Indonesia (CIF) - 2022
  3. Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Indonesia
  4. Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Indonesia

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Indonesia (FOB) - 2022

The average export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $117K per ton in March 2022, with an increase of 7.9% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In March 2022, the highest price was recorded for prices to India ($128K per ton) and Australia ($127K per ton), while the average price for exports to Hong Kong SAR ($96,169 per ton) and Malaysia ($110K 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 China (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Indonesia (CIF) - 2022

In 2022, the average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves amounted to $85,246 per ton, growing by 2.4% against the previous year. In general, the import price, however, continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 49% against the previous year. As a result, import price reached the peak level of $199,692 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 the Netherlands ($129,800 per ton), while the price for China ($37,358 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Indonesia

In 2022, overseas shipments of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -39.9% to 69 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 7.8% against the previous year. As a result, the exports attained the peak of 118 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves shrank remarkably to $7.1M in 2022. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 9.2% against the previous year. As a result, the exports attained the peak of $13M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.74.84.72.8-21.1%
United States1.11.20.91.22.9%
China1.64.02.80.7-24.1%
India0.80.80.40.6-9.1%
Swaziland0.10.5N/A0.681.7%
Australia0.30.30.40.30.0%
Ireland0.80.70.70.3-27.9%
SingaporeN/A0.1N/A0.241.4%
Belgium0.6N/A1.3N/A47.2%
Others0.50.20.40.66.3%
Total11.512.511.67.1-14.8%

Top Export Markets for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof from Indonesia in 2022:

  1. Netherlands (28.8 tons)
  2. United States (11.1 tons)
  3. China (6.7 tons)
  4. Swaziland (5.0 tons)
  5. India (4.2 tons)
  6. Australia (2.9 tons)
  7. Ireland (2.2 tons)
  8. Singapore (1.7 tons)

Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Indonesia

In 2022, purchases abroad of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -3.7% to 4.7 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted a modest increase. The most prominent rate of growth was recorded in 2020 with an increase of 183%. As a result, imports attained the peak of 13 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves dropped to $398K in 2022. Overall, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 166%. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2681,2483273398.1%
Germany52.965.570.250.5-1.5%
China50.1N/AN/A4.0-56.9%
Netherlands101N/A3.43.2-68.4%
Others25.97.62.81.0-66.2%
Total4971,321403398-7.1%

Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Indonesia in 2022:

  1. India (4060.0 kg)
  2. Germany (468.0 kg)
  3. China (106.0 kg)
  4. Netherlands (25.0 kg)

Source: IndexBox Market Intelligence Platform

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