Price for Iodides and Iodide Oxides in Indonesia - 2022

Contents:

1. Price for Iodides and Iodide Oxides in Indonesia (CIF) - 2022
2. Price for Iodides and Iodide Oxides in Indonesia (FOB) - 2022
3. Imports of Iodides and Iodide Oxides in Indonesia
4. Exports of Iodides and Iodide Oxides in Indonesia

Price for Iodides and Iodide Oxides in Indonesia (CIF) - 2022

The average iodides and iodide oxides import price stood at $32,756 per ton in 2022, with an increase of 1.9% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iodides and iodide oxides import price increased by +101.0% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 41%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 the United States ($197,667 per ton), while the price for China ($5,468 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iodides and Iodide Oxides in Indonesia (FOB) - 2022

In 2022, the average iodides and iodide oxides export price amounted to $34,200 per ton, with a decrease of -37.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 57%. As a result, the export price reached the peak level of $55,000 per ton, and then shrank significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($38,091 per ton), while the average price for exports to South Korea ($5,000 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 India (+0.8%).

Imports of Iodides and Iodide Oxides in Indonesia

Iodides and iodide oxides imports into Indonesia surged to 89 tons in 2022, rising by 47% compared with 2021. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, iodides and iodide oxides imports soared to $2.9M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iodides and Iodide Oxides to Indonesia in 2022:

1. India (35.2 tons)
2. China (17.5 tons)
3. Vietnam (8.2 tons)
4. Chile (8.0 tons)
5. Germany (7.9 tons)
6. Malaysia (2.0 tons)

Exports of Iodides and Iodide Oxides in Indonesia

In 2022, shipments abroad of iodides and iodide oxideses was finally on the rise to reach 25 kg after two years of decline. Over the period under review, exports, however, faced a precipitous decline.

In value terms, iodides and iodide oxides exports surged to $855 in 2022. In general, exports, however, showed a sharp reduction.

Top Export Markets for Iodides and Iodide Oxides from Indonesia in 2022:

1. India (22.0 kg)
2. South Korea (1.0 kg)
3. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform