Indonesia: Meat And Poultry Market 2024

Meat And Poultry Market Size in Indonesia

The Indonesian meat and poultry market reduced to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Meat And Poultry Production in Indonesia

In value terms, meat and poultry production reduced to $X in 2022 estimated in export price. Overall, production, however, saw a mild expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

The average yield of meat and poultry in Indonesia was estimated at X kg per head in 2022, approximately equating the previous year. In general, the yield continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the average meat and poultry yield reached the peak level at X kg per head in 2016; however, from 2017 to 2022, the yield failed to regain momentum.

In 2022, the number of animals slaughtered for meat and poultry production in Indonesia reached X heads, remaining constant against the year before. Over the period under review, the number of producing animals showed resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, this number attained the maximum level at X heads in 2019; however, from 2020 to 2022, producing animals stood at a somewhat lower figure.

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Meat And Poultry Exports

Exports from Indonesia

In 2022, the amount of meat and poultry exported from Indonesia contracted slightly to X tons, dropping by X% against the previous year's figure. Overall, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, meat and poultry exports rose rapidly to $X in 2022. In general, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for meat and poultry exports from Indonesia, accounting for a X% share of total exports. Moreover, meat and poultry exports to France exceeded the volume sent to the second major destination, Belgium (X tons), twofold. Singapore (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Singapore (X% per year).

In value terms, France ($X) remains the key foreign market for meat and poultry exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Singapore (X% per year).

Export Prices by Country

The average meat and poultry export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Timor-Leste (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat And Poultry Imports

Imports into Indonesia

In 2022, the amount of meat and poultry imported into Indonesia reached X tons, remaining relatively unchanged against the year before. Over the period under review, imports recorded prominent growth. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, meat and poultry imports rose rapidly to $X in 2022. Overall, imports recorded prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

India (X tons), Australia (X tons) and Brazil (X tons) were the main suppliers of meat and poultry imports to Indonesia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest meat and poultry suppliers to Indonesia were India ($X), Australia ($X) and Brazil ($X), with a combined X% share of total imports.

In terms of the main suppliers, Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average meat and poultry import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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