Indonesia - Sodium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Nitrate Price in Indonesia - 2022
Contents:
- Sodium Nitrate Price in Indonesia (CIF) - 2022
- Sodium Nitrate Price in Indonesia (FOB) - 2022
- Sodium Nitrate Imports in Indonesia
- Sodium Nitrate Exports in Indonesia
Sodium Nitrate Price in Indonesia (CIF) - 2022
The average sodium nitrate import price stood at $714 per ton in March 2022, rising by 18% against the previous month. Overall, import price indicated strong growth from March 2021 to March 2022: its price increased at an average monthly rate of +5.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, sodium nitrate import price increased by +88.4% against December 2021 indices. The pace of growth was the most pronounced in January 2022 when the average import price increased by 66% month-to-month. Over the period under review, average import prices attained the maximum in March 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1,643 per ton), while the price for Taiwan (Chinese) ($548 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 South Korea (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Nitrate Price in Indonesia (FOB) - 2022
In 2022, the average sodium nitrate export price amounted to $888 per ton, waning by -40.6% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The pace of growth was the most pronounced in 2015 an increase of 218% against the previous year. Over the period under review, the average export prices hit record highs at $10,402 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($967 per ton), while the average price for exports to Malaysia stood at $875 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-11.2%).
Sodium Nitrate Imports in Indonesia
Sodium nitrate imports into Indonesia reduced to 3K tons in 2022, which is down by -5.2% compared with 2021 figures. In general, imports saw a abrupt shrinkage.
In value terms, sodium nitrate imports surged to $2.5M in 2022. Overall, total imports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Nitrate in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 42.6 | 103 | 206 | 753 | 160.5% |
| China | 1,119 | 615 | 426 | 687 | -15.0% |
| South Korea | 56.2 | 50.5 | 32.4 | 642 | 125.2% |
| Chile | 623 | 695 | 267 | 330 | -19.1% |
| Belgium | 96.6 | 194 | 130 | 16.0 | -45.1% |
| Russia | N/A | N/A | 108 | N/A | 0% |
| Netherlands | 204 | 125 | 125 | N/A | -21.7% |
| Others | 248 | 29.0 | 161 | 54.9 | -39.5% |
| Total | 2,389 | 1,811 | 1,455 | 2,483 | 1.3% |
Top Suppliers of Sodium Nitrate to Indonesia in 2022:
- Taiwan (Chinese) (1246.0 tons)
- China (922.0 tons)
- South Korea (540.0 tons)
- Chile (216.0 tons)
- Belgium (20.0 tons)
Sodium Nitrate Exports in Indonesia
For the fourth consecutive year, Indonesia recorded growth in shipments abroad of sodium nitrate, which increased by 236% to 110 tons in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,491%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sodium nitrate exports surged to $98K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,078% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Sodium Nitrate in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.2 | 4.1 | 48.8 | 83.1 | 310.7% |
| Philippines | N/A | N/A | N/A | 14.5 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 4.1 | 48.8 | 97.6 | 333.3% |
Top Export Markets for Sodium Nitrate from Indonesia in 2022:
- Malaysia (95.0 tons)
- Philippines (15.0 tons)
This report provides an in-depth analysis of the sodium nitrate market 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:
- FCL 4005 - Sodium nitrate
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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