Price for Polyphenols; Resorcinol and Its Salts in Indonesia - 2022
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Indonesia (CIF) - 2022
- Price for Polyphenols; Resorcinol and Its Salts in Indonesia (FOB) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Indonesia
- Exports of Polyphenols; Resorcinol and Its Salts in Indonesia
Price for Polyphenols; Resorcinol and Its Salts in Indonesia (CIF) - 2022
In March 2022, the average import price for polyphenols; resorcinol and its saltses amounted to $9,710 per ton, with an increase of 3.9% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 an increase of 926% against the previous month. As a result, import price attained the peak level of $107K per ton. From February 2022 to March 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was India ($10,270 per ton), while the price for China ($8,984 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 China (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polyphenols; Resorcinol and Its Salts in Indonesia (FOB) - 2022
In 2022, the average export price for polyphenols; resorcinol and its saltses amounted to $7,148 per ton, increasing by 16% against the previous year. Over the period under review, the export price enjoyed a notable expansion. The pace of growth was the most pronounced in 2019 an increase of 151% against the previous year. As a result, the export price reached the peak level of $24,136 per ton. From 2020 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 Malaysia ($16,976 per ton), while the average price for exports to Thailand totaled $6,627 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+22.6%).
Imports of Polyphenols; Resorcinol and Its Salts in Indonesia
In 2022, imports of polyphenols; resorcinol and its saltses into Indonesia declined markedly to 329 tons, with a decrease of -24.6% compared with the year before. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, imports attained the peak of 436 tons, and then dropped markedly in the following year.
In value terms, polyphenols; resorcinol and its salts imports plummeted to $3.3M in 2022. Over the period under review, imports saw a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 16%. As a result, imports attained the peak of $4.3M, and then fell remarkably in the following year.
| Import of Polyphenols; Resorcinol and Its Salts in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,073 | 2,185 | 2,394 | 1,921 | -2.5% |
| China | 1,193 | 1,086 | 1,237 | 846 | -10.8% |
| India | 225 | 229 | 332 | 229 | 0.6% |
| United States | 122 | 82.1 | 215 | 221 | 21.9% |
| Others | 199 | 86.4 | 91.3 | 92.2 | -22.6% |
| Total | 3,811 | 3,668 | 4,269 | 3,310 | -4.6% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Indonesia in 2022:
- Japan (188.3 tons)
- China (103.1 tons)
- India (21.9 tons)
- United States (9.7 tons)
Exports of Polyphenols; Resorcinol and Its Salts in Indonesia
In 2022, overseas shipments of polyphenols; resorcinol and its saltses decreased by -27.4% to 3.3 tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,001% against the previous year. As a result, the exports attained the peak of 4.6 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, polyphenols; resorcinol and its salts exports contracted remarkably to $23K in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 87% against the previous year.
| Export of Polyphenols; Resorcinol and Its Salts in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | 14.0 | 24.1 | 20.6 | 21.3% |
| Malaysia | 3.7 | 5.0 | 3.8 | 2.8 | -8.9% |
| Others | 6.5 | N/A | N/A | N/A | 0% |
| Total | 10.1 | 19.0 | 27.9 | 23.4 | 32.3% |
Top Export Markets for Polyphenols; Resorcinol and Its Salts from Indonesia in 2022:
- Thailand (3.1 tons)
- Malaysia (0.2 tons)
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