Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Indonesia - 2022
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Indonesia (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Indonesia (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Indonesia
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Indonesia
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Indonesia (CIF) - 2022
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $4,952 per ton in March 2022, shrinking by -1.9% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 8.3% against the previous month. The import price peaked at $5,208 per ton in May 2021; however, from June 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 Japan ($5,619 per ton), while the price for South Korea ($3,187 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 Taiwan (Chinese) (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Indonesia (FOB) - 2022
The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $1,932 per ton in 2022, shrinking by -17.3% against the previous year. In general, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 25%. As a result, the export price reached the peak level of $6,667 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($3,098 per ton), while the average price for exports to Qatar ($911 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 Taiwan (Chinese) (+1.9%), while the prices for the other major destinations experienced a decline.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Indonesia
For the fourth year in a row, Indonesia recorded growth in supplies from abroad of soups and broths and preparations therefor; homogenised composite food preparationses, which increased by 12% to 4.7K tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 33% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses expanded markedly to $23M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.9 | 10.4 | 16.4 | 18.6 | 46.6% |
| Japan | 1.0 | 0.8 | 1.2 | 1.4 | 11.9% |
| South Korea | 0.4 | 0.6 | 0.9 | 1.0 | 35.7% |
| Chile | 0.7 | 0.8 | 0.5 | 0.6 | -5.0% |
| Malaysia | 2.4 | 1.2 | 0.8 | 0.5 | -40.7% |
| Others | 0.6 | 0.7 | 0.7 | 0.7 | 5.3% |
| Total | 10.9 | 14.4 | 20.5 | 22.8 | 27.9% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Indonesia in 2022:
- China (3732.4 tons)
- South Korea (257.1 tons)
- Japan (255.0 tons)
- Chile (152.6 tons)
- Malaysia (138.3 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Indonesia
In 2022, overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses were finally on the rise to reach 1.1K tons after two years of decline. Overall, exports, however, recorded a significant decline.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses declined to $2.2M in 2022. Over the period under review, exports, however, showed a dramatic curtailment.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4,156 | 1,620 | 1,190 | 1,121 | -35.4% |
| Taiwan (Chinese) | 61.4 | 282 | 369 | 330 | 75.2% |
| Turkey | 1,436 | 249 | 522 | 226 | -46.0% |
| United Arab Emirates | N/A | N/A | N/A | 202 | 0% |
| Qatar | 2,256 | 530 | 139 | 167 | -58.0% |
| Hong Kong SAR | 115 | 84.6 | 59.8 | 66.7 | -16.6% |
| Malaysia | 469 | 112 | 6.7 | 13.9 | -69.1% |
| Others | 62.9 | 78.1 | 37.7 | 28.6 | -23.1% |
| Total | 8,556 | 2,956 | 2,324 | 2,156 | -36.8% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Indonesia in 2022:
- Japan (415.4 tons)
- United Arab Emirates (185.0 tons)
- Qatar (183.7 tons)
- Turkey (143.8 tons)
- Taiwan (Chinese) (106.4 tons)
- Hong Kong SAR (64.7 tons)
- Malaysia (6.4 tons)
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