Flakes; of Potatoes Price in Indonesia - 2022

Flakes; of Potatoes Price in Indonesia (CIF) - 2022

The average flakes; of potatoes import price stood at $1,519 per ton in March 2022, with an increase of 12% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in November 2021 an increase of 24% m-o-m. As a result, import price attained the peak level of $1,636 per ton. From December 2021 to March 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was the United States ($1,814 per ton), while the price for the Netherlands ($1,179 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Indonesia (FOB) - 2022

In 2022, the average flakes; of potatoes export price amounted to $1,573 per ton, leveling off at the previous year. Over the period under review, the export price posted a modest increase. The most prominent rate of growth was recorded in 2013 an increase of 97% against the previous year. As a result, the export price reached the peak level of $2,707 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($3,966 per ton), while the average price for exports to Saudi Arabia ($223 per ton) 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 (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Flakes; of Potatoes Imports in Indonesia

In 2022, imports of flakes; of potatoeses into Indonesia surged to 11K tons, rising by 33% on 2021 figures. The total import volume increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, flakes; of potatoes imports skyrocketed to $15M in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Flakes; of Potatoes in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3.9	3.4	2.7	3.9	0.0%
United States	3.6	2.5	1.5	1.9	-19.2%
Denmark	0.2	0.7	1.1	1.4	91.3%
Netherlands	0.2	0.1	0.4	0.4	26.0%
India	0.9	0.5	0.2	0.2	-39.4%
Others	3.7	5.5	5.4	7.2	24.8%
Total	12.6	12.6	11.2	15.0	6.0%

Top Suppliers of Flakes; of Potatoes to Indonesia in 2022:

Germany (2.8K tons)
United States (1.3K tons)
Denmark (1.0K tons)
Netherlands (0.5K tons)
India (0.2K tons)

Flakes; of Potatoes Exports in Indonesia

In 2022, shipments abroad of flakes; of potatoeses was finally on the rise to reach 20 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a significant curtailment.

In value terms, flakes; of potatoes exports soared to $32K in 2022. Over the period under review, exports, however, continue to indicate a dramatic contraction.

Export of Flakes; of Potatoes in Indonesia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Philippines	61.2	25.9	19.8	24.9	-25.9%
Thailand	9.1	5.6	2.2	2.8	-32.5%
New Zealand	6.1	2.2	1.1	1.6	-36.0%
Saudi Arabia	6.4	1.7	0.6	0.7	-52.2%
Others	7.1	2.3	1.6	1.6	-39.1%
Total	89.8	37.8	25.4	31.6	-29.4%