Price for Fibres; Synthetic Filament Tow, of Polyesters in Indonesia - 2022

Contents:

1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Indonesia (CIF) - 2022
2. Price for Fibres; Synthetic Filament Tow, of Polyesters in Indonesia (FOB) - 2022
3. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Indonesia
4. Exports of Fibres; Synthetic Filament Tow, of Polyesters in Indonesia

Price for Fibres; Synthetic Filament Tow, of Polyesters in Indonesia (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $1,705 per ton, which is down by -20.8% against the previous year. In general, the import price faced a abrupt descent. The pace of growth was the most pronounced in 2013 when the average import price increased by 46%. The import price peaked at $11,523 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Taiwan (Chinese) ($19,083 per ton), while the price for China ($1,242 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Indonesia (FOB) - 2022

The average export price for fibres; synthetic filament tow, of polyesterses stood at $10,915 per ton in 2022, jumping by 21% against the previous year. Overall, the export price posted strong growth. The growth pace was the most rapid in 2016 when the average export price increased by 197% against the previous year. Over the period under review, the average export prices attained the maximum at $19,676 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($37,064 per ton), while the average price for exports to Saudi Arabia ($2,205 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 Japan (+27.2%), while the prices for the other major destinations experienced a decline.

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Indonesia

In 2022, after two years of decline, there was significant growth in overseas purchases of fibres; synthetic filament tow, of polyesterses, when their volume increased by 111% to 838 tons. Overall, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of fibres; synthetic filament tow, of polyesterses soared to $1.4M in 2022. In general, imports, however, showed a deep downturn.

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Indonesia in 2022:

1. China (802.5 tons)
2. Malaysia (23.4 tons)
3. South Korea (9.1 tons)
4. Japan (1.9 tons)

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Indonesia

In 2022, shipments abroad of fibres; synthetic filament tow, of polyesterses decreased by -19.8% to 34 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 239% against the previous year. As a result, the exports reached the peak of 113 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fibres; synthetic filament tow, of polyesterses dropped slightly to $372K in 2022. Over the period under review, exports recorded a abrupt descent.

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Indonesia in 2022:

1. Saudi Arabia (23.5 tons)
2. Singapore (6.1 tons)
3. Japan (4.0 tons)

Source: IndexBox Market Intelligence Platform