Price for Ethylene Polymers; Waste, Parings and Scrap in Indonesia - 2022

Contents:

  1. Price for Ethylene Polymers; Waste, Parings and Scrap in Indonesia (CIF) - 2022
  2. Price for Ethylene Polymers; Waste, Parings and Scrap in Indonesia (FOB) - 2022
  3. Imports of Ethylene Polymers; Waste, Parings and Scrap in Indonesia
  4. Exports of Ethylene Polymers; Waste, Parings and Scrap in Indonesia

Price for Ethylene Polymers; Waste, Parings and Scrap in Indonesia (CIF) - 2022

In March 2022, the average import price for ethylene polymers; waste, parings and scraps amounted to $576 per ton, declining by -6% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in May 2021 an increase of 16% month-to-month. Over the period under review, average import prices reached the maximum at $613 per ton in February 2022, and then contracted in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($669 per ton), while the price for the United States ($337 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 Slovenia (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ethylene Polymers; Waste, Parings and Scrap in Indonesia (FOB) - 2022

The average export price for ethylene polymers; waste, parings and scraps stood at $605 per ton in 2022, shrinking by -28.1% against the previous year. Over the period under review, the export price recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2019 an increase of 65%. Over the period under review, the average export prices attained the peak figure at $914 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 Ireland ($1,355 per ton), while the average price for exports to South Korea ($236 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 Belgium (+42.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ethylene Polymers; Waste, Parings and Scrap in Indonesia

Imports of ethylene polymers; waste, parings and scraps into Indonesia stood at 166K tons in 2022, surging by 14% against 2021 figures. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of ethylene polymers; waste, parings and scraps skyrocketed to $91M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ethylene Polymers; Waste, Parings and Scrap in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.017.034.940.659.5%
Germany12.112.81.914.76.7%
Belgium4.12.86.48.125.5%
United States2.73.05.95.829.0%
Australia2.24.98.05.031.5%
Singapore2.03.77.05.035.7%
Slovenia3.15.31.34.08.9%
France3.00.2N/AN/A-93.3%
Others5.35.44.87.612.8%
Total44.655.170.290.726.7%

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Indonesia in 2022:

  1. Netherlands (67.9K tons)
  2. Germany (25.0K tons)
  3. United States (16.9K tons)
  4. Belgium (15.1K tons)
  5. Singapore (10.4K tons)
  6. Australia (9.2K tons)
  7. Slovenia (7.3K tons)

Exports of Ethylene Polymers; Waste, Parings and Scrap in Indonesia

In 2022, exports of ethylene polymers; waste, parings and scraps from Indonesia declined remarkably to 4.5K tons, falling by -46.2% against the year before. In general, exports showed a sharp setback. The growth pace was the most rapid in 2021 when exports increased by 95%.

In value terms, exports of ethylene polymers; waste, parings and scraps reduced remarkably to $2.7M in 2022. Overall, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 210%.

Export of Ethylene Polymers; Waste, Parings and Scrap in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia69513736.71,13317.7%
Belgium2431563,71955331.5%
Vietnam8.38.6381286225.4%
China19,008365210248-76.5%
IrelandN/AN/A312160-48.7%
United States1763001,621121-11.7%
Germany4461135.985.2-42.4%
South Korea37.527.636.757.615.4%
Italy32112945622.0-59.1%
Australia656N/AN/AN/A0%
Others7011,00717928.0-65.8%
Total22,2922,2426,9572,693-50.6%

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Indonesia in 2022:

  1. Malaysia (1989.5 tons)
  2. China (627.3 tons)
  3. Vietnam (536.1 tons)
  4. Belgium (437.0 tons)
  5. United States (243.9 tons)
  6. South Korea (243.5 tons)
  7. Ireland (117.9 tons)
  8. Germany (110.0 tons)
  9. Italy (22.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Ethylene polymers; waste, parings and scrap - Indonesia