Report Update: May 4, 2024

Indonesia - Sulphates (Excluding Those Of Aluminium And Barium) - Market Analysis, Forecast, Size, Trends And Insights

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Sulphates Price in Indonesia - 2022

Sulphates Price in Indonesia (CIF) - 2022

In March 2022, the average sulphates import price amounted to $256 per ton, shrinking by -73.4% against the previous month. Over the period under review, the import price showed a mild downturn. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 275% m-o-m. As a result, import price attained the peak level of $960 per ton, and then declined significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($2,098 per ton), while the price for China stood at $173 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.8%).

Sulphates Price in Indonesia (FOB) - 2022

In 2022, the average sulphates export price amounted to $91 per ton, with an increase of 3.9% against the previous year. Overall, the export price, however, saw a slight descent. The pace of growth appeared the most rapid in 2018 an increase of 25% against the previous year. The export price peaked at $107 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($620 per ton), while the average price for exports to Djibouti ($36 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 Australia (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates Imports in Indonesia

After three years of growth, purchases abroad of sulphates (excluding those of aluminium and barium) decreased by -17.6% to 341K tons in 2022. Over the period under review, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 8.7%. As a result, imports reached the peak of 413K tons, and then contracted markedly in the following year.

In value terms, sulphates imports plummeted to $72M in 2022. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports reached the peak of $106M, and then fell dramatically in the following year.

Import of Sulphates in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	52.7	48.1	53.9	36.9	-11.2%
Taiwan (Chinese)	14.3	12.9	20.0	13.0	-3.1%
Others	25.4	20.8	31.9	21.7	-5.1%
Total	92.4	81.9	106	71.5	-8.2%

Top Suppliers of Sulphates to Indonesia in 2022:

China (313.0K tons)
Taiwan (Chinese) (8.1K tons)

Sulphates Exports in Indonesia

In 2022, approx. 17K tons of sulphates (excluding those of aluminium and barium) were exported from Indonesia; reducing by -81.4% against the previous year's figure. In general, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, the exports attained the peak of 92K tons, and then fell significantly in the following year.

In value terms, sulphates exports reduced dramatically to $1.6M in 2022. Over the period under review, exports saw a dramatic setback. The pace of growth was the most pronounced in 2021 when exports increased by 73%. As a result, the exports attained the peak of $8.1M, and then shrank dramatically in the following year.

Export of Sulphates in Indonesia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bangladesh	2,591	1,658	3,088	422	-45.4%
Australia	117	102	145	274	32.8%
Thailand	178	212	989	135	-8.8%
Malaysia	777	524	835	133	-44.5%
Japan	1,020	457	598	104	-53.3%
Philippines	88.8	82.2	290	64.7	-10.0%
Tanzania	90.5	110	220	37.5	-25.4%
Uganda	118	120	184	29.9	-36.7%
Vietnam	234	48.9	131	27.0	-51.3%
Mauritius	192	126	130	25.2	-49.2%
Djibouti	98.3	99.2	152	24.7	-36.9%
India	110	76.7	80.0	13.7	-50.1%
Others	1,027	1,060	1,247	270	-35.9%
Total	6,639	4,676	8,090	1,561	-38.3%

Top Export Markets for Sulphates from Indonesia in 2022:

Bangladesh (7.5K tons)
Thailand (2.5K tons)
Japan (1.2K tons)
Tanzania (1.0K tons)
Djibouti (0.7K tons)
Malaysia (0.6K tons)
Vietnam (0.6K tons)
Mauritius (0.5K tons)
Australia (0.4K tons)
Philippines (0.4K tons)
India (0.3K tons)
Uganda (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sulphates 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:

Prodcom 20134157 - Sulphates (excluding those of aluminium and barium)

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:

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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023