Cerium Compounds Price in Indonesia - 2022

Contents:

  1. Cerium Compounds Price in Indonesia (CIF) - 2022
  2. Cerium Compounds Price in Indonesia (FOB) - 2022
  3. Cerium Compounds Imports in Indonesia
  4. Cerium Compounds Exports in Indonesia

Cerium Compounds Price in Indonesia (CIF) - 2022

In 2022, the average cerium compounds import price amounted to $27,109 per ton, surging by 50% against the previous year. Overall, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 66%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($46,549 per ton), while the price for Taiwan (Chinese) ($4,124 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Cerium Compounds Price in Indonesia (FOB) - 2022

In 2022, the average cerium compounds export price amounted to $9,018 per ton, increasing by 4.8% against the previous year. In general, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices reached the peak figure at $76,413 per ton in 2013; however, from 2014 to 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 Japan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -19.3% per year.

Cerium Compounds Imports in Indonesia

Cerium compounds imports into Indonesia declined to 18 tons in 2022, dropping by -11.3% on the year before. Overall, imports continue to indicate a deep setback. The smallest decline of -7.3% was in 2020.

In value terms, cerium compounds imports surged to $498K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.3% 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 +80.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Cerium Compounds in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan75.391.316119938.3%
France27.09.330.148.721.7%
Singapore18.621.429.748.037.2%
Taiwan (Chinese)17.617.017.426.514.6%
Austria13.011.69.815.86.7%
China63.754.241.89.7-46.6%
Spain4.34.75.59.429.8%
Others74.366.580.214123.8%
Total29427637549819.2%

Top Suppliers of Cerium Compounds to Indonesia in 2022:

  1. Taiwan (Chinese) (6.4 tons)
  2. Japan (4.3 tons)
  3. France (1.6 tons)
  4. Singapore (1.4 tons)
  5. China (1.4 tons)
  6. Austria (0.8 tons)
  7. Spain (0.8 tons)

Cerium Compounds Exports in Indonesia

In 2022, after two years of decline, there was growth in shipments abroad of cerium compoundses, when their volume increased by 0.9% to 340 kg. Over the period under review, exports, however, saw a perceptible reduction.

In value terms, cerium compounds exports expanded rapidly to $3.1K in 2022. In general, exports, however, recorded a abrupt decline.

Export of Cerium Compounds in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3.83.22.93.0-7.6%
OthersN/AN/AN/A0.10%
Total3.83.22.93.1-6.6%

Top Export Markets for Cerium Compounds from Indonesia in 2022:

  1. Japan (339.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - Indonesia