Sulphites; Thiosulphates Price in Indonesia - 2022

Contents:

1. Sulphites; Thiosulphates Price in Indonesia (CIF) - 2022
2. Sulphites; Thiosulphates Price in Indonesia (FOB) - 2022
3. Sulphites; Thiosulphates Imports in Indonesia
4. Sulphites; Thiosulphates Exports in Indonesia

Sulphites; Thiosulphates Price in Indonesia (CIF) - 2022

The average sulphites; thiosulphates import price stood at $674 per ton in 2022, rising by 58% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates import price increased by +93.2% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Thailand ($919 per ton), while the price for China stood at $593 per ton.

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

Sulphites; Thiosulphates Price in Indonesia (FOB) - 2022

In 2022, the average sulphites; thiosulphates export price amounted to $319 per ton, which is down by -24.4% against the previous year. Over the period under review, the export price showed a slight decline. The most prominent rate of growth was recorded in 2017 an increase of 173%. As a result, the export price reached the peak level of $1,044 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($446 per ton), while the average price for exports to Vietnam ($267 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 Hong Kong SAR (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; Thiosulphates Imports in Indonesia

In 2022, the amount of sulphites; thiosulphateses imported into Indonesia declined modestly to 31K tons, which is down by -1.9% on the year before. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of 31K tons, and then declined modestly in the following year.

In value terms, sulphites; thiosulphates imports surged to $21M in 2022. In general, imports, however, posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphites; Thiosulphates to Indonesia in 2022:

1. China (24.9K tons)
2. Thailand (5.1K tons)

Sulphites; Thiosulphates Exports in Indonesia

In 2022, overseas shipments of sulphites; thiosulphateses decreased by -32.2% to 118 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2020 when exports increased by 2.1%. As a result, the exports attained the peak of 333 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sulphites; thiosulphates exports shrank significantly to $38K in 2022. Overall, exports recorded a precipitous decline. The smallest decline of -1.6% was in 2020.

Top Export Markets for Sulphites; Thiosulphates from Indonesia in 2022:

1. Vietnam (82.8 tons)
2. Hong Kong SAR (19.1 tons)
3. Singapore (16.5 tons)

Source: IndexBox Market Intelligence Platform