Report Update: May 1, 2024

Indonesia - Compound Plasticisers For Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights

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Compound Plasticisers Price in Indonesia - 2022

Compound Plasticisers Price in Indonesia (FOB) - 2022

The average compound plasticisers export price stood at $14,147 per ton in March 2022, dropping by -2.7% against the previous month. In general, export price indicated resilient growth from March 2021 to March 2022: its price increased at an average monthly rate of +6.6% 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, compound plasticisers export price decreased by -6.6% against December 2021 indices. The most prominent rate of growth was recorded in April 2021 an increase of 36% against the previous month. Over the period under review, the average export prices hit record highs at $15,154 per ton in December 2021; however, from January 2022 to March 2022, the export prices remained at a lower figure.

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

From March 2021 to March 2022, the rate of growth in terms of prices for the United States amounted to +4.9% per month.

Compound Plasticisers Price in Indonesia (CIF) - 2022

The average compound plasticisers import price stood at $1,676 per ton in March 2022, surging by 60% against the previous month. Over the period under review, import price indicated a mild expansion from March 2021 to March 2022: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, compound plasticisers import price decreased by -0.1% against January 2022 indices. Over the period under review, average import prices hit record highs at $1,952 per ton in September 2021; however, from October 2021 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($17,150 per ton), while the price for Vietnam ($371 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 the United States (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Compound Plasticisers Exports in Indonesia

For the fourth consecutive year, Indonesia recorded growth in shipments abroad of compound plasticisers for rubber or plastics, which increased by 175% to 18K tons in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 5,399% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, compound plasticisers exports skyrocketed to $409M in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 10,467%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Compound Plasticisers in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	N/A	0.6	77.2	409	2510.9%
Thailand	0.1	N/A	N/A	0.1	0.0%
Others	N/A	0.1	0.1	0.2	41.4%
Total	0.1	0.7	77.3	409	1499.2%

Top Export Markets for Compound Plasticisers from Indonesia in 2022:

United States (17.9K tons)
Thailand (0.1K tons)

Compound Plasticisers Imports in Indonesia

Compound plasticisers imports into Indonesia totaled 17K tons in 2022, surging by 12% compared with 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 44%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, compound plasticisers imports surged to $28M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Compound Plasticisers in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	5.0	3.8	8.1	10.5	28.1%
Taiwan (Chinese)	2.6	2.3	2.6	3.4	9.4%
India	3.1	1.6	1.1	2.5	-6.9%
Japan	2.0	1.3	1.5	2.0	0.0%
South Korea	2.6	1.0	1.2	2.0	-8.4%
Germany	1.6	1.1	1.2	1.6	0.0%
Thailand	0.4	0.7	1.1	1.4	51.8%
United States	0.7	0.7	1.0	1.3	22.9%
Vietnam	0.5	0.4	0.6	0.8	17.0%
Qatar	N/A	1.0	2.3	N/A	130.0%
Others	1.3	1.3	2.0	2.6	26.0%
Total	19.6	15.0	22.7	28.3	13.0%

Top Suppliers of Compound Plasticisers to Indonesia in 2022:

China (6.0K tons)
India (4.1K tons)
Vietnam (1.8K tons)
Taiwan (Chinese) (1.0K tons)
Thailand (1.0K tons)
United States (0.8K tons)
South Korea (0.7K tons)
Japan (0.6K tons)
Germany (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the compound plasticisers 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 20595640 - Compound plasticisers for rubber or plastics

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
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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.

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