Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Indonesia - 2022

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Indonesia (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Indonesia (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Indonesia
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Indonesia

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Indonesia (CIF) - 2022

The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $3,964 per ton in 2022, rising by 22% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia increased by +100.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 63%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +5.8% per year.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Indonesia (FOB) - 2022

The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $800 per ton in 2022, falling by -69.2% against the previous year. Over the period under review, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 8.3%. Over the period under review, the average export prices hit record highs at $2,600 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Papua New Guinea.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +3.1% per year.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Indonesia

In 2022, overseas purchases of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -47% to 2.6 tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. As a result, imports reached the peak of 5.7 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia declined dramatically to $10K in 2022. Over the period under review, imports saw a pronounced descent. The growth pace was the most rapid in 2021 when imports increased by 41%. As a result, imports attained the peak of $16K, and then dropped remarkably in the following year.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia4.51.33.010.331.8%
China0.60.30.2N/A-42.3%
United States0.60.81.1N/A35.4%
Turkey5.17.310.8N/A45.5%
Others0.41.50.8N/A41.4%
Total11.211.315.910.3-2.8%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Indonesia in 2022:

  1. Australia (2.6 tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Indonesia

After three years of growth, overseas shipments of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -99.8% to 10 kg in 2022. In general, exports showed a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia shrank remarkably to $8 in 2022. Over the period under review, exports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 20%.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New GuineaN/AN/AN/AN/A0%
SingaporeN/AN/AN/AN/A0%
Japan12.014.417.3N/A20.1%
OthersN/AN/AN/AN/A0%
Total12.014.417.3N/A20.1%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Indonesia in 2022:

  1. Papua New Guinea (10.0 kg)

Source: IndexBox Market Intelligence Platform

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