Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Indonesia - 2022
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Indonesia (CIF) - 2022
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Indonesia (FOB) - 2022
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Indonesia
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Indonesia
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Indonesia (CIF) - 2022
The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,107 per ton in March 2022, rising by 14% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Singapore ($3,300 per ton), while the price for China ($1,602 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Indonesia (FOB) - 2022
The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,134 per ton in 2022, with a decrease of -26.7% against the previous year. Over the period under review, the export price recorded a slight reduction. The growth pace was the most rapid in 2020 an increase of 50% against the previous year. As a result, the export price attained the peak level of $3,807 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($2,564 per ton), while the average price for exports to Vietnam ($1,600 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 Brunei Darussalam (+115.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Indonesia
In 2022, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Indonesia contracted modestly to 41K tons, with a decrease of -4.8% against the year before. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports reached the peak of 44K tons, and then reduced modestly in the following year.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses rose remarkably to $83M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 22%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.0 | 17.7 | 25.2 | 31.8 | 20.9% |
| South Korea | 11.7 | 12.1 | 15.1 | 12.3 | 1.7% |
| Japan | 11.8 | 10.4 | 8.8 | 9.6 | -6.6% |
| Taiwan (Chinese) | 9.4 | 6.4 | 9.2 | 8.0 | -5.2% |
| Singapore | 10.7 | 7.3 | 6.8 | 6.7 | -14.4% |
| Thailand | 3.3 | 2.7 | 4.3 | 6.0 | 22.1% |
| Germany | 3.6 | 3.7 | 2.9 | 2.5 | -11.4% |
| Others | 7.7 | 4.7 | 6.7 | 6.3 | -6.5% |
| Total | 76.2 | 65.0 | 79.1 | 83.3 | 3.0% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Indonesia in 2022:
- China (20.5K tons)
- South Korea (6.3K tons)
- Taiwan (Chinese) (4.3K tons)
- Japan (3.9K tons)
- Singapore (2.2K tons)
- Thailand (2.1K tons)
- Germany (0.7K tons)
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Indonesia
In 2022, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses from Indonesia skyrocketed to 104 tons, picking up by 26% compared with the year before. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 309% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses fell to $222K in 2022. Overall, exports showed buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 213%. As a result, the exports reached the peak of $239K, and then reduced in the following year.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | N/A | 168 | 168 | 324.3% |
| Malaysia | 6.9 | N/A | 1.5 | 46.8 | 89.3% |
| Vietnam | 38.8 | 49.9 | 14.5 | 4.8 | -50.2% |
| Singapore | 4.5 | 0.1 | 50.1 | 1.1 | -37.5% |
| United Arab Emirates | 23.1 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 15.0 | N/A | N/A | N/A | 0% |
| Australia | 62.0 | N/A | N/A | N/A | 0% |
| Others | 30.7 | 26.5 | 5.2 | 0.5 | -74.7% |
| Total | 183 | 76.5 | 239 | 222 | 6.7% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Indonesia in 2022:
- China (72.0 tons)
- Malaysia (28.4 tons)
- Vietnam (3.0 tons)
- Singapore (0.4 tons)
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