Price for Homogenised Composite Food Preparations in Indonesia - 2022

Contents:

  1. Price for Homogenised Composite Food Preparations in Indonesia (FOB) - 2022
  2. Price for Homogenised Composite Food Preparations in Indonesia (CIF) - 2022
  3. Exports of Homogenised Composite Food Preparations in Indonesia
  4. Imports of Homogenised Composite Food Preparations in Indonesia

Price for Homogenised Composite Food Preparations in Indonesia (FOB) - 2022

The average homogenised composite food preparations export price stood at $1,817 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 23%. As a result, the export price attained the peak level of $7,308 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($2,170 per ton) and Turkey ($1,749 per ton), while the average price for exports to Malaysia ($1,479 per ton) and Qatar ($1,534 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.4%), while the prices for the other major destinations experienced a decline.

Price for Homogenised Composite Food Preparations in Indonesia (CIF) - 2022

In 2022, the average homogenised composite food preparations import price amounted to $5,139 per ton, rising by 20% against the previous year. In general, the import price showed a strong increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 140% against the previous year. The import price peaked at $7,077 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($13,014 per ton), while the price for Japan ($3,990 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Homogenised Composite Food Preparations in Indonesia

In 2022, after two years of decline, there was significant growth in overseas shipments of homogenised composite food preparationses, when their volume increased by 367% to 527 tons. In general, exports, however, showed a precipitous shrinkage.

In value terms, homogenised composite food preparations exports skyrocketed to $957K in 2022. Over the period under review, exports, however, faced a sharp contraction.

Export of Homogenised Composite Food Preparations in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2,99466852.5394-49.1%
Qatar2,04458329.5279-48.5%
Turkey1,301274111215-45.1%
Malaysia3751080.848.9-49.3%
Oman988N/AN/AN/A0%
Others71.076.610.220.7-33.7%
Total7,7731,710204957-50.3%

Top Export Markets for Homogenised Composite Food Preparations from Indonesia in 2022:

  1. Qatar (181.7 tons)
  2. Japan (181.6 tons)
  3. Turkey (122.7 tons)
  4. Malaysia (33.1 tons)

Imports of Homogenised Composite Food Preparations in Indonesia

In 2022, overseas purchases of homogenised composite food preparationses decreased by -46.6% to 86 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a significant decrease. The pace of growth was the most pronounced in 2020 when imports increased by 32% against the previous year. As a result, imports attained the peak of 260 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, homogenised composite food preparations imports contracted markedly to $443K in 2022. Overall, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Homogenised Composite Food Preparations in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile659817500323-21.2%
Thailand16110289.457.5-29.1%
United Kingdom43.498.038.229.3-12.3%
South Korea0.216.826.413.1303.1%
Japan0.41.413.66.8157.1%
Others32.17.126.413.4-25.3%
Total8961,042694443-20.9%

Top Suppliers of Homogenised Composite Food Preparations to Indonesia in 2022:

  1. Chile (73.0 tons)
  2. Thailand (5.2 tons)
  3. South Korea (3.2 tons)
  4. United Kingdom (2.3 tons)
  5. Japan (1.7 tons)
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