Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Indonesia - 2022

Contents:

1. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Indonesia (CIF) - 2022
2. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Indonesia (FOB) - 2022
3. Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Indonesia
4. Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Indonesia

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Indonesia (CIF) - 2022

The average import price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds stood at $12,803 per ton in 2022, rising by 12% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Singapore ($130,489 per ton), while the price for China ($6,325 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Indonesia (FOB) - 2022

The average export price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds stood at $18,830 per ton in March 2022, flattening at the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in January 2022 an increase of 13% month-to-month. Over the period under review, the average export prices hit record highs in March 2022.

There were significant differences in the average prices for the major overseas markets. In March 2022, the country with the highest price was the UK ($43,695 per ton), while the average price for exports to Germany ($13,543 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Indonesia

In 2022, supplies from abroad of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds decreased by -31.6% to 636 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 56%.

In value terms, imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds declined rapidly to $8.1M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 79% against the previous year.

Top Suppliers of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated to Indonesia in 2022:

1. China (412.7 tons)
2. Vietnam (59.4 tons)
3. Germany (41.1 tons)
4. United States (19.4 tons)
5. Thailand (18.6 tons)
6. India (17.2 tons)
7. United Kingdom (15.9 tons)

Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Indonesia

In 2022, shipments abroad of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds decreased by -16.1% to 272 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 54%. As a result, the exports attained the peak of 324 tons, and then fell rapidly in the following year.

In value terms, exports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds shrank to $4.8M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, the exports attained the peak of $5.1M, and then reduced in the following year.

Top Export Markets for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated from Indonesia in 2022:

1. Germany (143.7 tons)
2. Japan (54.3 tons)
3. France (34.9 tons)
4. Singapore (10.8 tons)
5. United Kingdom (5.9 tons)
6. Malaysia (4.5 tons)

Source: IndexBox Market Intelligence Platform