Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Indonesia - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Indonesia (CIF) - 2022
  2. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Indonesia (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Indonesia
  4. Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Indonesia

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Indonesia (CIF) - 2022

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,896 per ton, increasing by 27% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $3,087 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($13,922 per ton), while the price for India ($1,874 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Indonesia (FOB) - 2022

In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $1,763 per ton, falling by -15.6% against the previous year. Over the period under review, the export price, however, saw tangible growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 132% against the previous year. Over the period under review, the average export prices hit record highs at $3,365 per ton in 2018; however, from 2019 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 China ($8,300 per ton), while the average price for exports to the United States ($1,440 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 China (+9.4%), while the prices for the other major destinations experienced a decline.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Indonesia

In 2022, supplies from abroad of propylene, other olefin polymers; polyisobutylene in primary formses decreased by -17% to 3.1K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 28% against the previous year. As a result, imports reached the peak of 5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses reached $9.1M in 2022. Overall, imports saw a mild reduction. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3.33.23.43.41.0%
South Korea2.52.02.72.61.3%
Canada0.40.50.51.658.7%
India0.10.20.30.8100.0%
China0.10.30.20.226.0%
France0.20.10.20.1-20.6%
United StatesN/A0.60.20.1-59.2%
Singapore2.03.50.4N/A-55.3%
Others0.70.80.70.4-17.0%
Total9.411.28.69.1-1.1%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Indonesia in 2022:

  1. South Korea (1187.7 tons)
  2. Japan (1127.6 tons)
  3. India (418.5 tons)
  4. Canada (177.6 tons)
  5. China (70.7 tons)
  6. France (48.5 tons)
  7. United States (29.7 tons)
  8. Singapore (7.9 tons)

Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Indonesia

In 2022, shipments abroad of propylene, other olefin polymers; polyisobutylene in primary formses decreased by -94.3% to 752 kg, falling for the second year in a row after two years of growth. Overall, exports faced a dramatic decline. The pace of growth appeared the most rapid in 2020 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 20 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses shrank significantly to $1.3K in 2022. In general, exports showed a precipitous setback. The smallest decline of -13.4% was in 2020.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A0.70%
Singapore40.841.127.70.5-76.9%
Japan6.7N/AN/AN/A0%
OthersN/AN/AN/A0.10%
Total47.541.127.71.3-69.9%

Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Indonesia in 2022:

  1. United States (500.0 kg)
  2. Singapore (242.0 kg)

Source: IndexBox Market Intelligence Platform

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