Report Update: Apr 1, 2024

Indonesia - Tapioca And Substitutes - Market Analysis, Forecast, Size, Trends And Insights

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Tapioca and Substitutes Price in Indonesia - 2022

Tapioca and Substitutes Price in Indonesia (FOB) - 2022

The average tapioca and substitutes export price stood at $1,951 per ton in March 2022, falling by -35.3% against the previous month. Over the period under review, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in August 2021 an increase of 122% month-to-month. Over the period under review, the average export prices attained the maximum at $3,916 per ton in September 2021; however, from October 2021 to March 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($5,427 per ton), while the average price for exports to the Philippines ($476 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 Malaysia (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Tapioca and Substitutes Price in Indonesia (CIF) - 2022

The average tapioca and substitutes import price stood at $1,905 per ton in March 2022, rising by 3.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in August 2021 when the average import price increased by 41% month-to-month. The import price peaked at $2,250 per ton in October 2021; however, from November 2021 to March 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In March 2022, the country with the highest price was Singapore ($2,291 per ton), while the price for Taiwan (Chinese) stood at $1,825 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.1%), while the prices for the other major suppliers experienced a decline.

Tapioca and Substitutes Exports in Indonesia

In 2022, after three years of growth, there was significant decline in overseas shipments of tapioca and substitutes, when their volume decreased by -50.5% to 4.3K tons. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 237% against the previous year. As a result, the exports reached the peak of 8.7K tons, and then shrank sharply in the following year.

In value terms, tapioca and substitutes exports shrank dramatically to $3.3M in 2022. In general, exports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. As a result, the exports reached the peak of $7.3M, and then declined markedly in the following year.

Export of Tapioca and Substitutes in Indonesia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	422	678	3,101	1,395	49.0%
Japan	2,063	2,012	2,117	952	-22.7%
Australia	240	432	575	259	2.6%
China	55.3	36.2	296	133	34.0%
Timor-Leste	186	212	253	114	-15.1%
Sri Lanka	156	53.5	4.5	31.7	-41.2%
Philippines	42.9	140	N/A	27.0	-14.3%
Others	1,196	821	999	433	-28.7%
Total	4,362	4,385	7,345	3,345	-8.5%

Top Export Markets for Tapioca and Substitutes from Indonesia in 2022:

Malaysia (3102.4 tons)
Japan (450.6 tons)
Timor-Leste (138.7 tons)
China (134.8 tons)
Australia (118.2 tons)
Sri Lanka (101.3 tons)
Philippines (65.4 tons)

Tapioca and Substitutes Imports in Indonesia

Tapioca and substitutes imports into Indonesia surged to 2K tons in 2022, growing by 42% compared with 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +54.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tapioca and substitutes imports skyrocketed to $3.8M in 2022. Over the period under review, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tapioca and Substitutes in Indonesia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	1,592	929	1,161	2,046	8.7%
Singapore	688	452	368	838	6.8%
China	16.3	310	335	567	226.4%
Thailand	100	151	194	328	48.6%
Others	0.1	22.1	36.3	0.2	26.0%
Total	2,396	1,863	2,093	3,780	16.4%

Top Suppliers of Tapioca and Substitutes to Indonesia in 2022:

Taiwan (Chinese) (1100.8 tons)
Singapore (432.6 tons)
Thailand (323.8 tons)
China (182.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tapioca and substitutes market 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:

Prodcom 10621200 - Tapioca and substitutes therefor prepared from starch, in the form of flakes, grains, pearls, siftings or similar forms

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023