Price for Dyes; Pigments and Preparations Based Thereon in Indonesia - 2022

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Indonesia (CIF) - 2022
  2. Price for Dyes; Pigments and Preparations Based Thereon in Indonesia (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Indonesia
  4. Exports of Dyes; Pigments and Preparations Based Thereon in Indonesia

Price for Dyes; Pigments and Preparations Based Thereon in Indonesia (CIF) - 2022

In March 2022, the average import price for dyes; pigments and preparations based therea amounted to $8,818 per ton, almost unchanged from the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2021 an increase of 71% m-o-m. As a result, import price reached the peak level of $13,862 per ton. From August 2021 to March 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Germany ($17,604 per ton), while the price for Thailand ($3,756 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 Taiwan (Chinese) (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Pigments and Preparations Based Thereon in Indonesia (FOB) - 2022

In March 2022, the average export price for dyes; pigments and preparations based therea amounted to $7,290 per ton, with an increase of 13% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in October 2021 an increase of 24% against the previous month. The export price peaked in March 2022.

There were significant differences in the average prices for the major external markets. In March 2022, the country with the highest price was Japan ($9,779 per ton), while the average price for exports to Vietnam ($5,042 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 the Netherlands (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dyes; Pigments and Preparations Based Thereon in Indonesia

In 2022, the amount of dyes; pigments and preparations based therea imported into Indonesia contracted to 14K tons, which is down by -8.9% on the year before. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of 16K tons, and then reduced in the following year.

In value terms, imports of dyes; pigments and preparations based therea reduced to $116M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports reached the peak of $130M, and then declined in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46.440.756.947.30.6%
India28.025.132.129.11.3%
Malaysia0.73.27.710.4145.8%
South Korea8.56.48.58.2-1.2%
Japan4.75.17.06.08.5%
Germany9.37.07.15.0-18.7%
Thailand5.25.95.53.5-12.4%
Others11.24.65.37.0-14.5%
Total11497.81301160.6%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Indonesia in 2022:

  1. China (6.3K tons)
  2. India (3.2K tons)
  3. Malaysia (1.4K tons)
  4. Thailand (1.0K tons)
  5. South Korea (0.9K tons)
  6. Japan (0.5K tons)
  7. Germany (0.4K tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Indonesia

In 2022, exports of dyes; pigments and preparations based therea from Indonesia reduced dramatically to 5.8K tons, with a decrease of -16.7% on 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports reached the peak of 6.9K tons, and then dropped significantly in the following year.

In value terms, exports of dyes; pigments and preparations based therea shrank to $41M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, the exports attained the peak of $42M, and then shrank in the following year.

Export of Dyes; Pigments and Preparations Based Thereon in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.85.69.27.63.8%
United States4.34.54.76.213.0%
Japan4.74.55.44.80.7%
Belgium4.13.44.33.9-1.7%
Turkey2.11.82.43.215.1%
Netherlands2.41.11.02.62.7%
South Korea0.20.52.12.2122.4%
China1.51.62.11.98.2%
Philippines1.21.21.61.32.7%
Vietnam1.71.51.31.3-8.6%
India0.80.60.71.07.7%
Colombia0.30.50.90.944.2%
Malaysia0.70.90.90.84.6%
Others4.15.34.93.3-7.0%
Total34.933.041.541.05.5%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Indonesia in 2022:

  1. Germany (1348.0 tons)
  2. United States (742.3 tons)
  3. Belgium (484.5 tons)
  4. Japan (448.3 tons)
  5. South Korea (413.5 tons)
  6. Turkey (388.2 tons)
  7. China (381.7 tons)
  8. Netherlands (368.0 tons)
  9. Vietnam (226.2 tons)
  10. Philippines (177.7 tons)
  11. Malaysia (163.5 tons)
  12. Colombia (110.0 tons)
  13. India (98.7 tons)

Source: IndexBox Market Intelligence Platform

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