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Indonesia - Millet - Market Analysis, Forecast, Size, Trends and Insights
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Indonesia: Millet Market Overview 2021

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Millet Market Size in Indonesia

The Indonesian millet market dropped to $X in 2019, reducing 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). Overall, consumption recorded a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Millet consumption peaked at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Millet Exports

Exports from Indonesia

In 2019, the amount of millet exported from Indonesia totaled X tonnes, leveling off at 2018 figures. Overall, exports recorded a relatively flat trend pattern. Exports peaked in 2019 and are likely to see steady growth in the immediate term.

In value terms, millet exports totaled $X in 2019. In general, exports recorded a relatively flat trend pattern. Exports peaked in 2019 and are likely to see gradual growth in the near future.

Exports by Country

Japan (X tonnes) was the main destination for millet exports from Indonesia, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Japan was relatively modest.

From 2007 to 2019, the average annual rate of growth in terms of value to Japan was relatively modest.

Export Prices by Country

The average millet export price stood at $X per tonne in 2019, remaining constant against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked in 2019 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2007 to 2019, the rate of growth in terms of prices for Japan amounted to X% per year.

Millet Imports

Imports into Indonesia

In 2019, approx. X tonnes of millet were imported into Indonesia; surging by X% compared with the year before. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are expected to retain growth in the near future.

In value terms, millet imports declined to $X in 2019. Over the period under review, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the U.S. (X tonnes) was the main supplier of millet to Indonesia, accounting for a X% share of total imports. It was followed by China (X tonnes), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Ukraine (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of millet to Indonesia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Ukraine (+X% per year).

Import Prices by Country

The average millet import price stood at $X per tonne in 2019, reducing by -X% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was China ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for millet in the world?
+
The country with the largest volume of millet consumption was India (10M tonnes), comprising approx. 33% of total volume. Moreover, millet consumption in India exceeded the figures recorded by the second-largest consumer, China (4.6M tonnes), twofold. The third position in this ranking was occupied by Niger (3.3M tonnes), with a 11% share.
What are the largest producers of millet in the world?
+
India (10M tonnes) remains the largest millet producing country worldwide, comprising approx. 33% of total volume. Moreover, millet production in India exceeded the figures recorded by the second-largest producer, China (4.6M tonnes), twofold. The third position in this ranking was occupied by Niger (3.3M tonnes), with a 11% share.
What are the leading suppliers of millet to Indonesia?
+
In value terms, the U.S. ($11M) constituted the largest supplier of millet to Indonesia, comprising 93% of total imports. The second position in the ranking was occupied by China ($362K), with a 3.2% share of total imports.
What is the average export price for millet in Indonesia?
+
The average millet export price stood at $234 per tonne in 2019, approximately reflecting the previous year.
What is the average import price for millet in Indonesia?
+
In 2019, the average millet import price amounted to $217 per tonne, dropping by -13.4% against the previous year.

Product coverage:
• FCL 79 - Millet

This report provides an in-depth analysis of the millet 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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