Indonesia - Polypropylene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polypropylene in Primary Forms in Indonesia - 2022
Contents:
- Price for Polypropylene in Primary Forms in Indonesia (CIF) - 2022
- Price for Polypropylene in Primary Forms in Indonesia (FOB) - 2022
- Imports of Polypropylene in Primary Forms in Indonesia
- Exports of Polypropylene in Primary Forms in Indonesia
Price for Polypropylene in Primary Forms in Indonesia (CIF) - 2022
The average polypropylene in primary forms import price stood at $1,402 per ton in March 2022, surging by 4.5% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2021 when the average import price increased by 8.7% month-to-month. The import price peaked at $1,524 per ton in May 2021; however, from June 2021 to March 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from China ($1,488 per ton) and Singapore ($1,475 per ton), while the price for South Korea ($1,279 per ton) and the United Arab Emirates ($1,280 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polypropylene in Primary Forms in Indonesia (FOB) - 2022
In 2022, the average polypropylene in primary forms export price amounted to $1,224 per ton, picking up by 8.4% against the previous year. In general, the export price, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 an increase of 26% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,905 per ton in 2014; however, from 2015 to 2022, the 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 ($3,562 per ton), while the average price for exports to China ($562 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 the Netherlands (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polypropylene in Primary Forms in Indonesia
In 2022, the amount of polypropylene in primary forms imported into Indonesia skyrocketed to 919K tons, with an increase of 16% against the previous year. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, polypropylene in primary forms imports expanded significantly to $1.2B in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +82.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Polypropylene in Primary Forms in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 81.1 | 69.9 | 132 | 206 | 36.4% |
| Thailand | 202 | 119 | 195 | 204 | 0.3% |
| Singapore | 159 | 141 | 183 | 170 | 2.3% |
| Malaysia | 125 | 95.8 | 147 | 160 | 8.6% |
| Saudi Arabia | 160 | 107 | 171 | 133 | -6.0% |
| South Korea | 28.3 | 22.4 | 41.3 | 93.6 | 49.0% |
| China | 13.5 | 18.6 | 77.7 | 75.5 | 77.5% |
| Philippines | 66.6 | 14.3 | 12.8 | 49.1 | -9.7% |
| India | 20.0 | 15.9 | 15.9 | 28.7 | 12.8% |
| Australia | 30.8 | 14.7 | 37.2 | 15.2 | -21.0% |
| Others | 48.5 | 52.1 | 82.6 | 84.7 | 20.4% |
| Total | 934 | 670 | 1,095 | 1,220 | 9.3% |
Top Suppliers of Polypropylene in Primary Forms to Indonesia in 2022:
- Vietnam (162.1K tons)
- Thailand (150.4K tons)
- Malaysia (123.9K tons)
- Singapore (118.6K tons)
- Saudi Arabia (106.9K tons)
- South Korea (74.2K tons)
- China (53.6K tons)
- Philippines (38.6K tons)
- India (23.4K tons)
- Australia (11.9K tons)
Exports of Polypropylene in Primary Forms in Indonesia
Polypropylene in primary forms exports from Indonesia rose slightly to 12K tons in 2022, with an increase of 1.7% against 2021 figures. In general, exports, however, saw a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 384%. As a result, the exports reached the peak of 119K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, polypropylene in primary forms exports rose significantly to $15M in 2022. Over the period under review, exports, however, saw a deep setback. The growth pace was the most rapid in 2020 when exports increased by 360%. As a result, the exports reached the peak of $107M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Polypropylene in Primary Forms in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.0 | 92.1 | 4.2 | 4.1 | -28.0% |
| Thailand | 1.2 | 1.1 | 1.7 | 2.6 | 29.4% |
| Pakistan | 0.8 | 1.2 | 2.0 | 2.5 | 46.2% |
| Taiwan (Chinese) | 1.6 | 1.3 | 1.8 | 1.4 | -4.4% |
| Mexico | N/A | N/A | 0.1 | 1.2 | 1100.0% |
| Malaysia | 3.6 | 1.2 | 1.4 | 1.0 | -34.8% |
| Vietnam | 2.3 | 5.9 | 0.7 | 0.8 | -29.7% |
| Netherlands | 1.3 | 1.0 | 0.3 | N/A | -52.0% |
| Others | 1.6 | 3.2 | 1.6 | 1.6 | 0.0% |
| Total | 23.3 | 107 | 13.7 | 15.1 | -13.5% |
Top Export Markets for Polypropylene in Primary Forms from Indonesia in 2022:
- Netherlands (undefinedK tons)
- China (7.2K tons)
- Pakistan (1.1K tons)
- Thailand (0.9K tons)
- Mexico (0.8K tons)
- Taiwan (Chinese) (0.6K tons)
- Vietnam (0.4K tons)
- Malaysia (0.3K tons)
This report provides an in-depth analysis of the market for polypropylene in primary forms in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20165130 - Polypropylene, in primary forms
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Indonesia.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Indonesia.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Indonesia.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Indonesia.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
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