Price for Carbides, Whether or Not Chemically Defined in Indonesia - 2022

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Indonesia (CIF) - 2022
  2. Price for Carbides, Whether or Not Chemically Defined in Indonesia (FOB) - 2022
  3. Imports of Carbides, Whether or Not Chemically Defined in Indonesia
  4. Exports of Carbides, Whether or Not Chemically Defined in Indonesia

Price for Carbides, Whether or Not Chemically Defined in Indonesia (CIF) - 2022

The average import price for carbides, whether or not chemically defineds stood at $2,022 per ton in 2022, increasing by 14% against the previous year. Overall, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2015 an increase of 23% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Japan ($14,745 per ton), while the price for Singapore ($1,310 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Indonesia (FOB) - 2022

The average export price for carbides, whether or not chemically defineds stood at $684 per ton in 2022, shrinking by -20.1% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2015 an increase of 41% against the previous year. As a result, the export price attained the peak level of $894 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($2,212 per ton), while the average price for exports to India ($641 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 Pakistan (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbides, Whether or Not Chemically Defined in Indonesia

Imports of carbides, whether or not chemically defineds into Indonesia reached 6.7K tons in 2022, growing by 15% against the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 54% against the previous year.

In value terms, imports of carbides, whether or not chemically defineds surged to $14M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.3% 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 +79.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Carbides, Whether or Not Chemically Defined in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.92.75.07.524.4%
Japan4.33.33.84.40.8%
Vietnam0.40.40.30.720.5%
Singapore0.80.30.40.3-27.9%
Malaysia0.50.20.60.1-41.5%
Others1.10.50.30.6-18.3%
Total11.07.610.513.67.3%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Indonesia in 2022:

  1. China (5.6K tons)
  2. Vietnam (0.5K tons)
  3. Japan (0.3K tons)
  4. Singapore (0.2K tons)
  5. Malaysia (0.1K tons)

Exports of Carbides, Whether or Not Chemically Defined in Indonesia

After three years of growth, overseas shipments of carbides, whether or not chemically defineds decreased by -28.9% to 3.5K tons in 2022. Overall, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 114%. As a result, the exports attained the peak of 5K tons, and then shrank dramatically in the following year.

In value terms, exports of carbides, whether or not chemically defineds shrank markedly to $2.4M in 2022. In general, exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of 132%. As a result, the exports reached the peak of $4.3M, and then reduced notably in the following year.

Export of Carbides, Whether or Not Chemically Defined in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3981,6253,2012,04772.6%
Singapore0.70.8194153502.4%
PhilippinesN/AN/AN/A73.70%
PakistanN/AN/A25.267.6168.3%
Japan1,1792098382.2-87.7%
Others1.5N/AN/A75.2268.7%
Total1,5791,8354,2592,41815.3%

Top Export Markets for Carbides, Whether or Not Chemically Defined from Indonesia in 2022:

  1. India (3192.0 tons)
  2. Singapore (114.7 tons)
  3. Philippines (105.0 tons)
  4. Pakistan (84.0 tons)
  5. Japan (1.0 tons)

Source: IndexBox Market Intelligence Platform

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