Indonesia: Sulphur Market 2022

Sulphur Market Size in Indonesia

The Indonesian sulphur market reduced rapidly to $X in 2020, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted a notable increase. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Sulphur Exports

Exports from Indonesia

For the fourth consecutive year, Indonesia recorded growth in overseas shipments of sulphur (sublimed or precipitated) and colloidal sulphur, which increased by X% to X tonnes in 2020. In general, exports saw a significant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphur exports surged to $X in 2020. Overall, exports recorded significant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X tonnes) was the main destination for sulphur exports from Indonesia, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Singapore was relatively modest.

From 2007 to 2020, the average annual growth rate of value to Singapore was relatively modest.

Export Prices by Country

In 2020, the average sulphur export price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2016 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2019, and then contracted remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2007 to 2020, the rate of growth in terms of prices for Singapore amounted to X% per year.

Sulphur Imports

Imports into Indonesia

In 2020, approx. X tonnes of sulphur (sublimed or precipitated) and colloidal sulphur were imported into Indonesia; with a decrease of -X% on 2019. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, sulphur imports reduced remarkably to $X in 2020. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the United Arab Emirates (X tonnes) constituted the largest sulphur supplier to Indonesia, with a X% share of total imports. Moreover, sulphur imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Singapore (X tonnes), tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of sulphur to Indonesia, comprising X% of total imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the United Arab Emirates amounted to +X%.

Import Prices by Country

In 2020, the average sulphur import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2010 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while the price for the United Arab Emirates amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore.

Source: IndexBox Platform