Price for Iron Oxides and Hydroxides in Indonesia - 2022
Contents:
- Price for Iron Oxides and Hydroxides in Indonesia (CIF) - 2022
- Price for Iron Oxides and Hydroxides in Indonesia (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in Indonesia
- Exports of Iron Oxides and Hydroxides in Indonesia
Price for Iron Oxides and Hydroxides in Indonesia (CIF) - 2022
The average iron oxides and hydroxides import price stood at $1,831 per ton in 2022, rising by 45% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($10,271 per ton), while the price for France ($564 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in Indonesia (FOB) - 2022
In 2022, the average iron oxides and hydroxides export price amounted to $347 per ton, picking up by 20% against the previous year. In general, the export price, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices reached the maximum at $711 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($575 per ton), while the average price for exports to Australia ($282 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 South Korea (+285.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in Indonesia
For the fourth consecutive year, Indonesia recorded growth in overseas purchases of iron oxides and hydroxideses, which increased by 39% to 5.6K tons in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 +52.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, iron oxides and hydroxides imports soared to $10M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Iron Oxides and Hydroxides in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.0 | 3.3 | 4.0 | 7.5 | 35.7% |
Spain | 0.6 | 0.7 | 0.4 | 1.0 | 18.6% |
Japan | 0.5 | 0.4 | 0.5 | 0.9 | 21.6% |
Germany | 0.2 | 0.2 | 0.1 | 0.3 | 14.5% |
India | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
France | 0.1 | N/A | N/A | 0.1 | 0.0% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 4.6 | 4.7 | 5.1 | 10.2 | 30.4% |
Top Suppliers of Iron Oxides and Hydroxides to Indonesia in 2022:
- China (4903.7 tons)
- Japan (152.9 tons)
- France (114.3 tons)
- Germany (110.6 tons)
- Spain (101.0 tons)
- India (90.4 tons)
Exports of Iron Oxides and Hydroxides in Indonesia
In 2022, the amount of iron oxides and hydroxideses exported from Indonesia skyrocketed to 2.6K tons, with an increase of 20% on the previous year. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 207%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, iron oxides and hydroxides exports surged to $915K in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 196%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Iron Oxides and Hydroxides in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 149 | 498 | 348 | 558 | 55.3% |
China | 1.6 | N/A | 198 | 317 | 483.0% |
Vietnam | 22.2 | 17.5 | 16.9 | 29.8 | 10.3% |
Others | 3.4 | 6.2 | 74.5 | 9.0 | 38.3% |
Total | 177 | 522 | 638 | 915 | 72.9% |
Top Export Markets for Iron Oxides and Hydroxides from Indonesia in 2022:
- Australia (1983.6 tons)
- China (552.5 tons)
- Vietnam (82.7 tons)
This report provides an in-depth analysis of the iron oxide pigment market in Indonesia.
This report provides an in-depth analysis of the global iron oxide pigment market.
This report provides an in-depth analysis of the iron oxide pigment market in Indonesia.
This report provides an in-depth analysis of the global iron oxide pigment market.
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