Indonesia - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Yoghurt and Fermented Milk in Indonesia - 2022
Contents:
- Price for Yoghurt and Fermented Milk in Indonesia (CIF) - 2022
- Price for Yoghurt and Fermented Milk in Indonesia (FOB) - 2022
- Imports of Yoghurt and Fermented Milk in Indonesia
- Exports of Yoghurt and Fermented Milk in Indonesia
Price for Yoghurt and Fermented Milk in Indonesia (CIF) - 2022
The average yoghurt and fermented milk import price stood at $3,101 per ton in March 2022, shrinking by -12.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in July 2021 when the average import price increased by 22% against the previous month. Over the period under review, average import prices hit record highs at $3,629 per ton in August 2021; however, from September 2021 to March 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, 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 Yoghurt and Fermented Milk in Indonesia (FOB) - 2022
In March 2022, the average yoghurt and fermented milk export price amounted to $1,078 per ton, rising by 2.8% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2021 when the average export price increased by 13% m-o-m. The export price peaked at $1,137 per ton in November 2021; afterwards, it flattened through to March 2022.
Average prices varied somewhat for the major export markets. In March 2022, the highest price was recorded for prices to Malaysia ($1,171 per ton) and Timor-Leste ($1,126 per ton), while the average price for exports to Cambodia ($786 per ton) and the Philippines ($1,023 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 Vietnam (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yoghurt and Fermented Milk in Indonesia
In 2022, the amount of yoghurt and fermented milk imported into Indonesia reduced markedly to 6K tons, declining by -38.9% on 2021. In general, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of 9.9K tons, and then shrank significantly in the following year.
In value terms, yoghurt and fermented milk imports shrank markedly to $23M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports attained the peak of $27M, and then reduced notably in the following year.
| Import of Yoghurt and Fermented Milk in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 3.3 | 6.1 | 6.4 | 5.3 | 17.1% |
| Netherlands | 4.7 | 2.2 | 4.9 | 4.9 | 1.4% |
| Belgium | 1.7 | 1.2 | 3.1 | 2.1 | 7.3% |
| France | 1.1 | 0.8 | 1.0 | 0.8 | -10.1% |
| Malaysia | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
| Ireland | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Sweden | 0.2 | 0.4 | 0.4 | 0.2 | 0.0% |
| Australia | 0.6 | 0.5 | 0.6 | 0.2 | -30.7% |
| Germany | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Thailand | 0.2 | 0.3 | 0.2 | 0.1 | -20.6% |
| Singapore | 0.2 | 0.5 | 0.3 | N/A | 22.5% |
| Others | 10.9 | 7.5 | 9.9 | 8.3 | -8.7% |
| Total | 23.4 | 19.8 | 27.5 | 23.2 | -0.3% |
Top Suppliers of Yoghurt and Fermented Milk to Indonesia in 2022:
- New Zealand (1360.0 tons)
- Netherlands (1069.4 tons)
- Malaysia (570.3 tons)
- Belgium (545.5 tons)
- France (205.3 tons)
- Thailand (104.8 tons)
- Ireland (89.9 tons)
- Australia (49.1 tons)
- Sweden (43.3 tons)
- Germany (42.6 tons)
- Singapore (6.8 tons)
Exports of Yoghurt and Fermented Milk in Indonesia
In 2022, after three years of growth, there was significant decline in overseas shipments of yoghurt and fermented milk, when their volume decreased by -22.1% to 15K tons. The total export volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 22%. As a result, the exports attained the peak of 19K tons, and then fell markedly in the following year.
In value terms, yoghurt and fermented milk exports shrank remarkably to $16M in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $20M, and then fell sharply in the following year.
| Export of Yoghurt and Fermented Milk in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 5.8 | 5.5 | 6.7 | 5.4 | -2.4% |
| Timor-Leste | 3.5 | 4.6 | 4.8 | 3.9 | 3.7% |
| Philippines | 0.4 | 1.8 | 1.9 | 1.6 | 58.7% |
| Maldives | 1.3 | 1.4 | 1.7 | 1.4 | 2.5% |
| Thailand | 0.6 | 0.1 | 1.0 | 0.8 | 10.1% |
| United States | 0.7 | 0.2 | 0.9 | 0.7 | 0.0% |
| Vietnam | 0.6 | 0.5 | 0.7 | 0.5 | -5.9% |
| Brunei Darussalam | 0.2 | 0.3 | 0.3 | 0.1 | -20.6% |
| Others | 2.0 | 1.7 | 2.1 | 2.0 | 0.0% |
| Total | 15.2 | 16.2 | 20.0 | 16.3 | 2.4% |
Top Export Markets for Yoghurt and Fermented Milk from Indonesia in 2022:
- Papua New Guinea (5.7K tons)
- Timor-Leste (3.5K tons)
- Maldives (1.2K tons)
- Thailand (1.0K tons)
- Philippines (0.8K tons)
- United States (0.6K tons)
- Vietnam (0.6K tons)
- Brunei Darussalam (0.1K tons)
This report provides an in-depth analysis of the market for yoghurt and fermented milk 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 891 - Yoghurt
- FCL 892 - Yoghurt, Concentrated or Unconcent
- FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
- FCL 899 - Dry Buttermilk
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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707
The global yoghurt imports dropped by -7.2% y-o-y to $2.4B in 2020. The UK remains the leading yoghurt importer worldwide. Last year, the UK emerged as the fastest-growing country in terms of yoghurt imports. In 2020, France, Germany and Belgium were the prime suppliers of yoghurt to the UK, providing 80% of the total import volume.
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Germany dominates in the global yoghurt trade. In 2014, Germany exported X thousand tons of yoghurt totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total yoghurt exports in v
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The global yoghurt imports dropped by -7.2% y-o-y to $2.4B in 2020. The UK remains the leading yoghurt importer worldwide. Last year, the UK emerged as the fastest-growing country in terms of yoghurt imports. In 2020, France, Germany and Belgium were the prime suppliers of yoghurt to the UK, providing 80% of the total import volume.
1367
Germany dominates in the global yoghurt trade. In 2014, Germany exported X thousand tons of yoghurt totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total yoghurt exports in v
