Indonesia - Coconut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoconut Price in Indonesia - 2022
Contents:
- Coconut Price in Indonesia (FOB) - 2022
- Coconut Price in Indonesia (CIF) - 2022
- Coconut Exports in Indonesia
- Coconut Imports in Indonesia
Coconut Price in Indonesia (FOB) - 2022
The average coconut export price stood at $274 per ton in March 2022, leveling off at the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2021 an increase of 5.1% month-to-month. Over the period under review, the average export prices hit record highs at $288 per ton in January 2022; however, from February 2022 to March 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In March 2022, the countries with the highest prices were Thailand ($298 per ton) and China ($270 per ton), while the average price for exports to Vietnam ($242 per ton) and Malaysia ($257 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Coconut Price in Indonesia (CIF) - 2022
In 2022, the average coconut import price amounted to $1,162 per ton, dropping by -19.1% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut import price increased by +29.9% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 49% against the previous year. As a result, import price reached the peak level of $1,569 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +10.9% per year.
Coconut Exports in Indonesia
In 2022, overseas shipments of coconuts decreased by -59.8% to 328K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. As a result, the exports reached the peak of 890K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, coconut exports fell sharply to $103M in 2022. Over the period under review, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 90%. As a result, the exports attained the peak of $219M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Coconut in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.4 | 58.6 | 91.0 | 42.5 | 14.4% |
| Malaysia | 49.0 | 66.9 | 65.3 | 30.5 | -14.6% |
| Thailand | 15.3 | 48.7 | 34.2 | 16.0 | 1.5% |
| Vietnam | 0.4 | 27.7 | 13.4 | 6.3 | 150.7% |
| Others | 22.1 | 17.1 | 7.5 | 7.5 | -30.2% |
| Total | 115 | 219 | 211 | 103 | -3.6% |
Top Export Markets for Coconut from Indonesia in 2022:
- China (146.2K tons)
- Malaysia (105.4K tons)
- Thailand (44.7K tons)
- Vietnam (22.9K tons)
Coconut Imports in Indonesia
In 2022, the amount of coconuts imported into Indonesia soared to 1.1K tons, picking up by 36% against the previous year's figure. Over the period under review, imports saw a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 102% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, coconut imports expanded sharply to $1.3M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 165% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Coconut in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 559 | 430 | 1,140 | 1,259 | 31.1% |
| Others | 31.6 | 0.8 | 0.1 | N/A | -94.4% |
| Total | 590 | 431 | 1,140 | 1,259 | 28.7% |
Top Suppliers of Coconut to Indonesia in 2022:
- Thailand (1.1K tons)
This report provides an in-depth analysis of the coconut 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:
- FCL 249 - Coconuts
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
- Find deeper insights into current market developments
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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