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

Contents:

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

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

In 2022, the average import price for fibres; synthetic filament tow, of polypropylene amounted to $2,289 per ton, declining by -8.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs at $2,542 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +5.9% per year.

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

In 2021, the average export price for fibres; synthetic filament tow, of polypropylene amounted to $12,000 per ton, approximately mirroring the previous year. In general, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2016 an increase of 95% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

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

From 2015 to 2021, the rate of growth in terms of prices for Japan amounted to +95.3% per year.

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

In 2022, approx. 140 tons of fibres; synthetic filament tow, of polypropylene were imported into Indonesia; growing by 113% against 2021. Over the period under review, imports saw modest growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fibres; synthetic filament tow, of polypropylene soared to $320K in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 110% against the previous year.

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

1. China (139.7 tons)

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

In 2021, exports of fibres; synthetic filament tow, of polypropylene from Indonesia stood at 2 kg, remaining stable against 2020 figures. In general, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, exports of fibres; synthetic filament tow, of polypropylene stood at $24 in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum in 2021 and are likely to see gradual growth in the near future.

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

1. China (2.0 kg)

Source: IndexBox Market Intelligence Platform