Price for Flour and Meal; of Potatoes in Indonesia - 2022

Contents:

1. Price for Flour and Meal; of Potatoes in Indonesia (FOB) - 2022
2. Price for Flour and Meal; of Potatoes in Indonesia (CIF) - 2022
3. Exports of Flour and Meal; of Potatoes in Indonesia
4. Imports of Flour and Meal; of Potatoes in Indonesia

Price for Flour and Meal; of Potatoes in Indonesia (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $701 per ton in 2022, waning by -44% against the previous year. In general, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 362%. Over the period under review, the average export prices reached the peak figure at $1,955 per ton in 2020; however, from 2021 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 Malaysia ($3,592 per ton), while the average price for exports to South Korea ($462 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 Malaysia (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in Indonesia (CIF) - 2022

The average import price for flour and meal; of potatoeses stood at $1,585 per ton in 2022, growing by 23% against the previous year. Overall, the import price, however, saw a mild decrease. The most prominent rate of growth was recorded in 2020 an increase of 39%. Over the period under review, average import prices attained the maximum at $1,891 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($1,835 per ton), while the price for the United States amounted to $1,496 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Flour and Meal; of Potatoes in Indonesia

In 2022, approx. 403 tons of flour and meal; of potatoeses were exported from Indonesia; growing by 22% on 2021. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 135% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, flour and meal; of potatoes exports shrank notably to $282K in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 273% against the previous year.

Top Export Markets for Flour and Meal; of Potatoes from Indonesia in 2022:

1. Timor-Leste (193.7 tons)
2. Taiwan (Chinese) (111.5 tons)
3. South Korea (70.9 tons)
4. Malaysia (23.8 tons)

Imports of Flour and Meal; of Potatoes in Indonesia

In 2022, purchases abroad of flour and meal; of potatoeses was finally on the rise to reach 69 tons after two years of decline. Overall, imports, however, faced a significant decrease.

In value terms, flour and meal; of potatoes imports soared to $110K in 2022. Over the period under review, imports, however, saw a sharp setback.

Top Suppliers of Flour and Meal; of Potatoes to Indonesia in 2022:

1. United States (51.2 tons)
2. Australia (18.2 tons)

Source: IndexBox Market Intelligence Platform