
Indonesia - Chestnut - Market Analysis, Forecast, Size, Trends and Insights
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Indonesia: Chestnut Market Overview 2021
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Chestnut Market Size in Indonesia
The Indonesian chestnut market declined markedly to $X in 2019, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the market value increased by X% against the previous year. Chestnut consumption peaked at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.
Chestnut Exports
Exports from Indonesia
In 2019, chestnut exports from Indonesia stood at X kg, approximately equating the previous year. Over the period under review, exports saw a significant increase. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports failed to regain the momentum.
In value terms, chestnut exports stood at $X in 2019. Overall, exports saw a significant expansion. Exports peaked at $X in 2015; however, from 2016 to 2019, exports failed to regain the momentum.
Exports by Country
From 2012 to 2019, the average annual rate of growth in terms of volume to No country was relatively modest.
From 2012 to 2019, the average annual growth rate of value to No country was relatively modest.
Chestnut Imports
Imports into Indonesia
Chestnut imports into Indonesia expanded slightly to X tonnes in 2019, surging by X% against the previous year. Over the period under review, imports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports failed to regain the momentum.
In value terms, chestnut imports declined dramatically to $X in 2019. Overall, imports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.
Imports by Country
In 2019, China (X tonnes) constituted the largest chestnut supplier to Indonesia, accounting for a X% share of total imports. Moreover, chestnut imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tonnes), ninefold.
From 2012 to 2019, the average annual growth rate of volume from China stood at -X%.
In value terms, China ($X) and Malaysia ($X) were the largest chestnut suppliers to Indonesia, with a combined X% share of total imports.
Malaysia saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.
Import Prices by Country
The average chestnut import price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Overall, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average import prices failed to regain the momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Malaysia ($X per tonne), while the price for China stood at $X per tonne.
From 2012 to 2019, the most notable rate of growth in terms of prices was attained by China.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for chestnuts in the world?+
The country with the largest volume of chestnut consumption was China (3.7M tonnes), comprising approx. 90% of total volume. It was followed by Bolivia (86K tonnes), with a 2.1% share of total consumption. The third position in this ranking was occupied by Italy (63K tonnes), with a 1.5% share.
What are the largest producers of chestnuts in the world?+
China (3.7M tonnes) remains the largest chestnut producing country worldwide, comprising approx. 90% of total volume. It was followed by Bolivia (86K tonnes), with a 2.1% share of total production.
What are the leading suppliers of chestnuts to Indonesia?+
In value terms, the largest chestnut suppliers to Indonesia were China ($65K) and Malaysia ($35K), together accounting for 99% of total imports.
What is the average import price for chestnuts in Indonesia?+
The average chestnut import price stood at $2,373 per tonne in 2019, declining by -28.4% against the previous year.
This report provides an in-depth analysis of the chestnut 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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