Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Indonesia - 2022

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Indonesia (CIF) - 2022
  2. Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Indonesia (FOB) - 2022
  3. Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Indonesia
  4. Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Indonesia

Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Indonesia (CIF) - 2022

In 2022, the average import price for fertilizers, mineral or chemical amounted to $713 per ton, increasing by 2.4% against the previous year. In general, the import price posted temperate growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 58% against the previous year. As a result, import price reached the peak level of $1,143 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 Malaysia ($1,747 per ton), while the price for South Korea ($569 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Indonesia (FOB) - 2022

In 2022, the average export price for fertilizers, mineral or chemical amounted to $382 per ton, declining by -68% against the previous year. In general, the export price continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2021 when the average export price increased by 75%. As a result, the export price reached the peak level of $1,195 per ton, and then declined remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Timor-Leste.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +10.7% per year.

Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Indonesia

In 2022, approx. 2.7K tons of fertilizers, mineral or chemical were imported into Indonesia; rising by 72% compared with 2021 figures. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fertilizers, mineral or chemical surged to $1.9M in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada59059475487013.8%
Malaysia2671842193327.5%
South Korea0.10.3N/A2961335.8%
China11.044.566.0287196.6%
Taiwan (Chinese)N/AN/AN/A1220%
Others98.525.262.530.0-32.7%
Total9678481,1021,93726.1%

Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Indonesia in 2022:

  1. Canada (1389.6 tons)
  2. South Korea (519.9 tons)
  3. China (499.9 tons)
  4. Malaysia (190.2 tons)
  5. Taiwan (Chinese) (84.6 tons)

Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Indonesia

In 2022, the amount of fertilizers, mineral or chemical exported from Indonesia surged to 67 tons, jumping by 71% against the year before. Overall, exports, however, recorded a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 462% against the previous year.

In value terms, exports of fertilizers, mineral or chemical dropped rapidly to $26K in 2022. In general, exports, however, recorded a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 882% against the previous year.

Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Timor-Leste4.04.81.825.685.7%
Malaysia643N/A45.1N/A-73.5%
OthersN/AN/AN/AN/A0%
Total6474.846.925.6-65.9%

Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Indonesia in 2022:

  1. Timor-Leste (67.1 tons)

Source: IndexBox Market Intelligence Platform

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