Indonesia - Buttermilk And Buttermilk Powder - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Buttermilk and Buttermilk Powder in Indonesia - 2022
Contents:
- Price for Buttermilk and Buttermilk Powder in Indonesia (CIF) - 2022
- Price for Buttermilk and Buttermilk Powder in Indonesia (FOB) - 2022
- Imports of Buttermilk and Buttermilk Powder in Indonesia
- Exports of Buttermilk and Buttermilk Powder in Indonesia
Price for Buttermilk and Buttermilk Powder in Indonesia (CIF) - 2022
In March 2022, the average buttermilk and buttermilk powder import price amounted to $3,059 per ton, declining by -13.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in July 2021 an increase of 26% month-to-month. Over the period under review, average import prices reached the peak figure at $3,589 per ton in August 2021; however, from September 2021 to March 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3,888 per ton), while the price for Malaysia ($1,061 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 Sweden (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buttermilk and Buttermilk Powder in Indonesia (FOB) - 2022
In March 2022, the average buttermilk and buttermilk powder export price amounted to $1,031 per ton, growing by 4.7% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2021 when the average export price increased by 5.6% against the previous month. Over the period under review, the average export prices reached the maximum at $1,072 per ton in October 2021; however, from November 2021 to March 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In March 2022, the countries with the highest prices were Papua New Guinea ($1,040 per ton) and Maldives ($1,029 per ton), while the average price for exports to Cambodia ($786 per ton) and Timor-Leste ($1,000 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 Papua New Guinea (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buttermilk and Buttermilk Powder in Indonesia
In 2022, the amount of buttermilk and buttermilk powder imported into Indonesia fell dramatically to 5.7K tons, reducing by -39.6% compared with the previous year's figure. Over the period under review, imports faced a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 30%. As a result, imports reached the peak of 9.4K tons, and then declined rapidly in the following year.
In value terms, buttermilk and buttermilk powder imports reduced remarkably to $22M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of $26M, and then declined rapidly in the following year.
| Import of Buttermilk and Buttermilk Powder in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 5.3 | 8.6 | 9.3 | 7.7 | 13.3% |
| Netherlands | 7.5 | 3.1 | 7.2 | 5.9 | -7.7% |
| Belgium | 2.8 | 1.6 | 4.5 | 3.7 | 9.7% |
| Malaysia | 1.1 | 0.9 | 1.2 | 1.0 | -3.1% |
| Ireland | 1.3 | 1.0 | 0.1 | 0.7 | -18.6% |
| United Kingdom | 0.3 | 0.1 | 0.7 | 0.6 | 26.0% |
| Australia | 0.6 | 0.4 | 0.6 | 0.5 | -5.9% |
| Singapore | 0.3 | 0.6 | 0.4 | 0.4 | 10.1% |
| Others | 1.6 | 1.6 | 1.7 | 1.1 | -11.7% |
| Total | 20.7 | 18.0 | 25.8 | 21.6 | 1.4% |
Top Suppliers of Buttermilk and Buttermilk Powder to Indonesia in 2022:
- New Zealand (1737.8 tons)
- Netherlands (1267.3 tons)
- Belgium (920.9 tons)
- Malaysia (772.4 tons)
- Singapore (221.5 tons)
- United Kingdom (171.2 tons)
- Ireland (163.4 tons)
- Australia (120.4 tons)
Exports of Buttermilk and Buttermilk Powder in Indonesia
In 2022, exports of buttermilk and buttermilk powder from Indonesia stood at 14K tons, increasing by 1.9% against the previous year. The total export volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, buttermilk and buttermilk powder exports stood at $15M in 2022. The total export value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 30%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Buttermilk and Buttermilk Powder in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 5.7 | 5.3 | 6.5 | 6.7 | 5.5% |
| Timor-Leste | 2.0 | 2.6 | 3.3 | 3.4 | 19.3% |
| Maldives | 1.3 | 1.0 | 1.0 | 1.1 | -5.4% |
| Thailand | 0.3 | 0.1 | 0.9 | 1.0 | 49.4% |
| United States | 0.7 | 0.2 | 0.9 | 0.9 | 8.7% |
| Brunei Darussalam | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Cambodia | N/A | 0.5 | 0.1 | 0.2 | -36.8% |
| Others | 1.4 | 0.7 | 0.8 | 1.1 | -7.7% |
| Total | 11.6 | 10.6 | 13.8 | 14.6 | 8.0% |
Top Export Markets for Buttermilk and Buttermilk Powder from Indonesia in 2022:
- Papua New Guinea (6.8K tons)
- Timor-Leste (3.2K tons)
- Maldives (1.1K tons)
- Thailand (1.1K tons)
- United States (0.8K tons)
- Brunei Darussalam (0.3K tons)
- Cambodia (0.3K tons)
This report provides an in-depth analysis of the market for buttermilk and buttermilk powder 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 893 - Buttermilk, Curdled Milk, Acidified Milk
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
- 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 VOLUME AND VALUE
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
- 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
- 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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