Indonesia - Whisky - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWhisky Price in Indonesia - 2022
Contents:
- Whisky Price in Indonesia (CIF) - 2022
- Whisky Price in Indonesia (FOB) - 2022
- Whisky Imports in Indonesia
- Whisky Exports in Indonesia
Whisky Price in Indonesia (CIF) - 2022
The average whisky import price stood at $4.7 per litre in 2022, which is down by -43.2% against the previous year. In general, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $12 per litre. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($25 per litre), while the price for the United States ($1.8 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Whisky Price in Indonesia (FOB) - 2022
In 2022, the average whisky export price amounted to $10 per litre, picking up by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2013 when the average export price increased by 49%. Over the period under review, the average export prices hit record highs at $13 per litre in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 Vietnam ($110 per litre), while the average price for exports to Timor-Leste ($1.4 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+61.9%), while the prices for the other major destinations experienced a decline.
Whisky Imports in Indonesia
In 2022, purchases abroad of whisky increased by 91% to 421K litres for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a drastic downturn. Over the period under review, imports reached the peak figure at 572K litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, whisky imports stood at $2M in 2022. In general, imports, however, recorded a dramatic shrinkage. Over the period under review, imports hit record highs at $4.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Whisky in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 61.5 | 128 | 449 | 501 | 101.2% |
| Ireland | 99.0 | 62.1 | 12.2 | 316 | 47.2% |
| United Kingdom | 954 | 1,043 | 705 | 188 | -41.8% |
| Singapore | 231 | 121 | 90.6 | 111 | -21.7% |
| Japan | 101 | 103 | 52.9 | 77.3 | -8.5% |
| Seychelles | 33.3 | 52.8 | 38.2 | 45.9 | 11.3% |
| United States | 393 | 106 | 62.9 | 37.2 | -54.4% |
| China | 40.5 | 55.7 | 35.0 | 36.5 | -3.4% |
| Netherlands | 20.8 | 33.5 | 24.7 | 33.8 | 17.6% |
| France | 95.0 | 6.9 | 3.4 | 33.7 | -29.2% |
| Sweden | 15.4 | 20.8 | 12.8 | 13.1 | -5.2% |
| Thailand | 1,676 | N/A | N/A | N/A | 0% |
| Others | 373 | 354 | 327 | 575 | 15.5% |
| Total | 4,094 | 2,089 | 1,814 | 1,967 | -21.7% |
Top Suppliers of Whisky to Indonesia in 2022:
- Ireland (80.3K litres)
- Singapore (29.5K litres)
- United Kingdom (24.7K litres)
- United States (20.4K litres)
- Hong Kong SAR (20.0K litres)
- Japan (9.7K litres)
- Seychelles (8.4K litres)
- China (7.4K litres)
- France (7.0K litres)
- Sweden (6.8K litres)
- Netherlands (4.3K litres)
Whisky Exports in Indonesia
In 2022, shipments abroad of whisky increased by 80% to 28K litres for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a significant decline. Over the period under review, the exports reached the peak figure at 57K litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, whisky exports skyrocketed to $275K in 2022. In general, exports, however, faced a precipitous contraction. Over the period under review, the exports hit record highs at $704K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Whisky in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 273 | 228 | 74.5 | 163 | -15.8% |
| Lao People's Democratic Republic | 348 | 148 | 38.0 | 64.9 | -42.9% |
| Singapore | 35.0 | 2.2 | 13.0 | 23.8 | -12.1% |
| Timor-Leste | 27.4 | 22.9 | 7.5 | 16.3 | -15.9% |
| Others | 20.5 | 11.7 | 3.5 | 7.3 | -29.1% |
| Total | 704 | 413 | 136 | 275 | -26.9% |
Top Export Markets for Whisky from Indonesia in 2022:
- Timor-Leste (11.9K litres)
- Lao People's Democratic Republic (7.1K litres)
- Singapore (6.6K litres)
- Vietnam (1.5K litres)
This report provides an in-depth analysis of the whisky 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 11011030 - Whisky (important: excluding alcohol duty)
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
- 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 VOLUME AND VALUE
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
- 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
- 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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