What is the price of ethyl alcohol per kilogram/pound in Indonesia today?
The retail price range for Indonesia ethyl alcohol is between US$ 0.44 and US$ 0.82 per kilogram or between US$ 0.20 and US$ 0.37 per pound(lb). Click here to see today's exact prices of ethyl alcohol in Indonesia
The retail price range in Rupiah for ethyl alcohol is between IDR 7,281.00 and IDR 13,591.20 per kilogram or between IDR 3,302.04 and IDR 6,163.81 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia ethyl alcohol is between US$ 0.31 and US$ 0.57 per kilogram or between US$ 0.14 and US$ 0.26 per pound(lb).
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Indonesia Ethyl Alcohol Export Prices - Historical, Trends and Prediction
The export price of Ethyl Alcohol from Indonesia over the last five years has been relatively stable. In 2017, the price was 0.90 US$ per kg, followed by 0.75 US$ per kg in 2018. In 2019, the price increased to 0.85 US$ per kg and then further increased to 1.04 US$ per kg in 2020. The price then reached its peak in 2021 at 1.06 US$ per kg and in 2022 it was 1.12 US$ per kg. Based on this trend, it is predicted that the export price of Ethyl Alcohol from Indonesia in 2023 will be around 1.18 US$ per kg and in 2024 it will be around 1.24 US$ per kg.Indonesia Ethyl Alcohol Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ethyl Alcohol into Indonesia has seen a steady increase over the past five years. In 2017, the price was 0.90 US$ per kg, and in 2021 it had risen to 1.06 US$ per kg. This represents an increase of 17.8% over the five-year period. The highest price was recorded in 2020, at 1.04 US$ per kg, while the lowest was in 2018, at 0.75 US$ per kg. Based on this trend, it is likely that the import price per kilogram of Ethyl Alcohol into Indonesia will continue to rise in the coming years. We can predict that the price in 2023 will be around 1.17 US$ per kg, and in 2024 it will be around 1.30 US$ per kg.Export values for Indonesia ethyl alcohol
The total values in export for ethyl alcohol in Indonesia were US$ 46,536, US$ 45,840, US$ 93,154 and US$ 46,633 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Indonesia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of ethyl alcohol in other countries across Asia: Kazakhstan ethyl alcohol, Kyrgyzstan ethyl alcohol, Tajikistan ethyl alcohol, Turkmenistan ethyl alcohol, Uzbekistan ethyl alcohol, China ethyl alcohol, Hong Kong ethyl alcohol, Macao ethyl alcohol, North Korea ethyl alcohol & Mongolia ethyl alcohol.
Indonesia ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia exported 54,977 tonnes of ethyl alcohol. Through 2019 alone, the demand for Indonesia ethyl alcohol (processed category) has gone down, recording a change of -55.954 pc compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports grew by 8.52 percent earning the nation US$46.63m for the year 2019. Indonesia's ethyl alcohol exports are classified as:
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
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Indonesia ethyl alcohol export values
In 2019, Indonesia sold ethyl alcohol valued at 46.63m USD, a drop of -49.94% from 2018's total ethyl alcohol export of 93.154m USD. The yearly change in value of Indonesia ethyl alcohol between 2017 to 2018 was 103.216 percent.
The yearly change in the volume of Indonesia's ethyl alcohol exports between 2017 and 2019 was 8.52 percent when compared to a variation of -55.954% in the growth rate between 2018 and 2019.
Export markets for Indonesia ethyl alcohol ( in '000$ )
Indonesia brought in 2,260 tonnes of ethyl alcohol in 2019.