Indonesia: Aromatic Hydrocarbons Derivatives Market 2024

Aromatic Hydrocarbons Derivatives Market Size in Indonesia

In 2022, the Indonesian aromatic hydrocarbons derivatives market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption continues to indicate strong growth. Aromatic hydrocarbons derivatives consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Aromatic Hydrocarbons Derivatives Production in Indonesia

In value terms, aromatic hydrocarbons derivatives production fell to $X in 2022 estimated in export price. Over the period under review, production, however, saw a resilient expansion. The growth pace was the most rapid in 2014 when the production volume increased by X%. Aromatic hydrocarbons derivatives production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Aromatic Hydrocarbons Derivatives Exports

Exports from Indonesia

In 2022, overseas shipments of halogenated derivatives of aromatic hydrocarbons decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, aromatic hydrocarbons derivatives exports shrank notably to $X in 2022. In general, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted notably in the following year.

Exports by Country

Bangladesh (X tons), India (X tons) and Singapore (X kg) were the main destinations of aromatic hydrocarbons derivatives exports from Indonesia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X.2%), while the other leaders experienced mixed trend patterns.

In value terms, India ($X), Bangladesh ($X) and Singapore ($X) appeared to be the largest markets for aromatic hydrocarbons derivatives exported from Indonesia worldwide, with a combined X% share of total exports.

India, with a CAGR of X.8%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average aromatic hydrocarbons derivatives export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Bangladesh ($X 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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aromatic Hydrocarbons Derivatives Imports

Imports into Indonesia

In 2022, approx. X tons of halogenated derivatives of aromatic hydrocarbons were imported into Indonesia; with an increase of X% on 2021. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, aromatic hydrocarbons derivatives imports soared to $X in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. 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.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of aromatic hydrocarbons derivatives to Indonesia, accounting for a X% share of total imports. Moreover, aromatic hydrocarbons derivatives imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Belgium (X% per year).

In value terms, China ($X) constituted the largest supplier of halogenated derivatives of aromatic hydrocarbons to Indonesia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average aromatic hydrocarbons derivatives import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($X per ton) and Japan ($X per ton), while the price for India ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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