Overview of the Market for Compounds With Other Nitrogen Function in Indonesia
In value terms, compounds with other nitrogen function production contracted sharply to $ in estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of % year-to-year. Over the period under review, production hit record highs at $ in 2009; however, from 2010 to , production stood at a somewhat lower figure.
The size of the market for compounds with other nitrogen function (excluding isocyanates) in Indonesia fell to $ in , declining by -% 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). In general, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by % against the previous year. Compounds with other nitrogen function consumption peaked at $ in 2009; however, from 2010 to , consumption failed to regain the momentum.