Liqueurs and Cordials Price in Indonesia - 2022
Contents:
- Liqueurs and Cordials Price in Indonesia (CIF) - 2022
- Liqueurs and Cordials Price in Indonesia (FOB) - 2022
- Liqueurs and Cordials Imports in Indonesia
- Liqueurs and Cordials Exports in Indonesia
Liqueurs and Cordials Price in Indonesia (CIF) - 2022
In 2022, the average liqueurs and cordials import price amounted to $4.1 per litre, dropping by -3.4% against the previous year. Over the period under review, the import price showed a abrupt decline. The growth pace was the most rapid in 2019 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $9 per litre in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($22 per litre), while the price for South Korea ($0.7 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Liqueurs and Cordials Price in Indonesia (FOB) - 2022
In 2022, the average liqueurs and cordials export price amounted to $4.9 per litre, surging by 21% against the previous year. Overall, the export price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of 54% against the previous year. Over the period under review, the average export prices attained the peak figure at $13 per litre in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($14 per litre), while the average price for exports to Luxembourg ($3.8 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+1.8%), while the prices for the other major destinations experienced a decline.
Liqueurs and Cordials Imports in Indonesia
In 2022, the amount of liqueurs and cordialses imported into Indonesia reduced markedly to 91K litres, shrinking by -32.8% compared with the previous year. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 203%. As a result, imports attained the peak of 135K litres, and then shrank markedly in the following year.
In value terms, liqueurs and cordials imports shrank sharply to $369K in 2022. Overall, imports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 234%. As a result, imports reached the peak of $568K, and then shrank remarkably in the following year.
| Import of Liqueurs and Cordials in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 114 | 112 | 260 | 150 | 9.6% |
| Malaysia | 81.4 | 18.5 | 14.9 | 26.8 | -30.9% |
| United Kingdom | 0.4 | 3.5 | 55.9 | 24.0 | 291.5% |
| China | 3.8 | 5.1 | 16.0 | 17.1 | 65.1% |
| South Korea | 9.6 | 9.3 | 21.2 | 10.4 | 2.7% |
| Netherlands | 3.9 | 3.5 | 17.4 | 8.6 | 30.2% |
| United States | 14.7 | 0.8 | 17.3 | 6.6 | -23.4% |
| Germany | 7.9 | 0.2 | 17.4 | 6.5 | -6.3% |
| Others | 40.1 | 16.8 | 148 | 119 | 43.7% |
| Total | 276 | 170 | 568 | 369 | 10.2% |
Top Suppliers of Liqueurs and Cordials to Indonesia in 2022:
- South Korea (14.3K litres)
- Germany (8.3K litres)
- United Kingdom (8.1K litres)
- China (7.6K litres)
- Hong Kong SAR (6.7K litres)
- Malaysia (3.4K litres)
- Netherlands (2.2K litres)
- United States (1.4K litres)
Liqueurs and Cordials Exports in Indonesia
In 2022, after three years of growth, there was significant decline in shipments abroad of liqueurs and cordialses, when their volume decreased by -52% to 3.7K litres. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 916% against the previous year. As a result, the exports reached the peak of 7.8K litres, and then declined sharply in the following year.
In value terms, liqueurs and cordials exports shrank significantly to $18K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 516%. As a result, the exports attained the peak of $32K, and then declined dramatically in the following year.
| Export of Liqueurs and Cordials in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 0.8 | 2.4 | 0.7 | 11.6 | 143.8% |
| Singapore | 0.8 | 0.4 | 0.1 | 3.6 | 65.1% |
| Poland | 0.1 | 0.3 | 0.3 | 2.4 | 188.4% |
| Thailand | N/A | N/A | 20.3 | N/A | 0% |
| Malaysia | N/A | N/A | 10.0 | N/A | 0% |
| Others | 0.2 | 1.9 | 0.2 | 0.7 | 51.8% |
| Total | 2.0 | 5.1 | 31.6 | 18.4 | 109.5% |
Top Export Markets for Liqueurs and Cordials from Indonesia in 2022:
- Luxembourg (3028.0 litres)
- Poland (344.0 litres)
- Singapore (254.0 litres)
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