Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Indonesia - 2022

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Indonesia (CIF) - 2022
  2. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Indonesia

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Indonesia (CIF) - 2022

In 2022, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $74,330 per ton, growing by 20% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glycosides; rutoside (rutin) and its derivativeses increased by +58.8% against 2018 indices. The growth pace was the most rapid in 2016 when the average import price increased by 31% against the previous year. As a result, import price attained the peak level of $93,996 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($235,667 per ton), while the price for India ($34,333 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 (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Indonesia

Imports of glycosides; rutoside (rutin) and its derivativeses into Indonesia declined dramatically to 1.4 tons in 2022, which is down by -49.7% compared with the previous year. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year. As a result, imports reached the peak of 2.8 tons, and then shrank remarkably in the following year.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses reduced dramatically to $104K in 2022. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 132%. As a result, imports attained the peak of $173K, and then dropped remarkably in the following year.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10140.4110100-0.3%
Germany0.81.32.52.750.0%
Japan13.89.010.2N/A-14.0%
United KingdomN/A10.118.9N/A87.1%
Others18.113.531.01.3-58.4%
Total13474.3173104-8.1%

Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Indonesia in 2022:

  1. China (1347.0 kg)
  2. Germany (38.0 kg)

Source: IndexBox Market Intelligence Platform

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