Price for Tents of Synthetic Fibres in Indonesia - 2022

Contents:

1. Price for Tents of Synthetic Fibres in Indonesia (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Indonesia (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Indonesia
4. Exports of Tents of Synthetic Fibres in Indonesia

Price for Tents of Synthetic Fibres in Indonesia (CIF) - 2022

The average tents of synthetic fibres import price stood at $2,814 per ton in 2022, declining by -23.5% against the previous year. In general, the import price recorded a pronounced contraction. The growth pace was the most rapid in 2020 when the average import price increased by 21% against the previous year. The import price peaked at $4,671 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Vietnam ($8,312 per ton), while the price for China amounted to $2,386 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.0%).

Price for Tents of Synthetic Fibres in Indonesia (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $20,667 per ton, picking up by 239% against the previous year. Overall, the export price recorded a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($20,858 per ton), while the average price for exports to the UK stood at $20,616 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.9%).

Imports of Tents of Synthetic Fibres in Indonesia

In 2022, the amount of tents of synthetic fibreses imported into Indonesia expanded remarkably to 3.2K tons, growing by 5.1% compared with the year before. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% 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 +56.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, tents of synthetic fibres imports dropped remarkably to $8.9M 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 +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 73%.

Top Suppliers of Tents of Synthetic Fibres to Indonesia in 2022:

1. China (3.0K tons)
2. Vietnam (0.2K tons)

Exports of Tents of Synthetic Fibres in Indonesia

For the third consecutive year, Indonesia recorded decline in overseas shipments of tents of synthetic fibreses, which decreased by -82.3% to 10 tons in 2022. In general, exports showed a sharp reduction. The smallest decline of -22.4% was in 2021.

In value terms, tents of synthetic fibres exports declined significantly to $210K in 2022. Over the period under review, exports saw a significant decline. The smallest decline of -6.9% was in 2021.

Top Export Markets for Tents of Synthetic Fibres from Indonesia in 2022:

1. Pakistan (8.8 tons)
2. United Kingdom (1.0 tons)

Source: IndexBox Market Intelligence Platform