Starch; Manioc (Cassava) Price in Indonesia - 2022
Contents:
- Starch; Manioc (Cassava) Price in Indonesia (FOB) - 2022
- Starch; Manioc (Cassava) Price in Indonesia (CIF) - 2022
- Starch; Manioc (Cassava) Exports in Indonesia
- Starch; Manioc (Cassava) Imports in Indonesia
Starch; Manioc (Cassava) Price in Indonesia (FOB) - 2022
The average starch; manioc (cassava) export price stood at $679 per ton in March 2022, surging by 8.7% against the previous month. Overall, export price indicated a pronounced expansion from March 2021 to March 2022: its price increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, starch; manioc (cassava) export price increased by +58.3% against July 2021 indices. The pace of growth was the most pronounced in January 2022 an increase of 23% m-o-m. Over the period under review, the average export prices attained the peak figure in March 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($725 per ton), while the average price for exports to the Philippines ($320 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Starch; Manioc (Cassava) Price in Indonesia (CIF) - 2022
The average starch; manioc (cassava) import price stood at $512 per ton in March 2022, remaining stable against the previous month. In general, the import price saw a mild setback. The growth pace was the most rapid in November 2021 when the average import price increased by 38% month-to-month. As a result, import price reached the peak level of $713 per ton. From December 2021 to March 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From March 2021 to March 2022, the rate of growth in terms of prices for Thailand amounted to -1.7% per month.
Starch; Manioc (Cassava) Exports in Indonesia
In 2022, exports of starch; manioc (cassava)s from Indonesia surged to 345K tons, jumping by 20% compared with 2021 figures. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 894% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, starch; manioc (cassava) exports declined modestly to $118M in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 540%.
| Export of Starch; Manioc (Cassava) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 4.3 | 10.1 | 12.7 | 94.5 | 180.1% |
| Malaysia | N/A | 3.8 | 1.6 | 13.2 | 86.4% |
| Philippines | 0.3 | 0.6 | 0.9 | 6.6 | 180.2% |
| Sri Lanka | N/A | 0.1 | 0.2 | 1.2 | 246.4% |
| China | N/A | 13.9 | 94.2 | N/A | 577.7% |
| Vietnam | N/A | 2.1 | 11.0 | N/A | 423.8% |
| Others | 0.1 | 0.1 | 1.4 | 2.3 | 184.4% |
| Total | 4.8 | 30.7 | 122 | 118 | 190.8% |
Top Export Markets for Starch; Manioc (Cassava) from Indonesia in 2022:
- Taiwan (Chinese) (260.6K tons)
- Malaysia (46.6K tons)
- Philippines (25.4K tons)
- Sri Lanka (5.6K tons)
Starch; Manioc (Cassava) Imports in Indonesia
In 2022, imports of starch; manioc (cassava)s into Indonesia fell to 43K tons, declining by -12.3% against the previous year. Overall, imports continue to indicate a sharp descent.
In value terms, starch; manioc (cassava) imports dropped to $22M in 2022. Over the period under review, imports recorded a dramatic contraction.
| Import of Starch; Manioc (Cassava) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 143 | 62.6 | 19.1 | 20.5 | -47.7% |
| Vietnam | 6.6 | 1.1 | 5.2 | 1.8 | -35.2% |
| Others | 1.0 | 0.2 | 0.1 | 0.1 | -53.6% |
| Total | 151 | 63.9 | 24.3 | 22.4 | -47.1% |
Top Suppliers of Starch; Manioc (Cassava) to Indonesia in 2022:
- Thailand (39.1K tons)
- Vietnam (3.4K tons)
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