Indonesia: Oil Crops Market Overview 2020

Oil Crops Market Size in Indonesia

The revenue of the oil crops market in Indonesia amounted to $X in 2018, coming down by -X% against the previous year. In general, oil crops consumption continues to indicate a precipitous descent. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. Oil crops consumption peaked at $X in 2017, and then declined slightly in the following year.

Oil Crops Production in Indonesia

In value terms, oil crops production amounted to $X in 2018 estimated in export prices. In general, oil crops production continues to indicate a sharp deduction. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, oil crops production attained its maximum level at $X in 2017, and then declined slightly in the following year.

Average yield of oil crops (primary) in Indonesia totaled X tonne per ha in 2018, waning by -X% against the previous year. Over the period under review, the oil crops yield continues to indicate a deep downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the average oil crops yield reached its maximum level at X tonne per ha in 2017, and then declined slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of oil crops (primary) were harvested in Indonesia; lowering by -X% against the previous year. In general, the oil crops harvested area continues to indicate a sharp descent. The growth pace was the most rapid in 2014 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to oil crops production reached its peak figure at X ha in 2016; however, from 2017 to 2018, harvested area stood at a somewhat lower figure.

Oil Crops Exports

Exports from Indonesia

In 2018, the exports of oil crops (primary) from Indonesia stood at X tonnes, reducing by -X% against the previous year. In general, oil crops exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, oil crops exports amounted to $X in 2018. In general, oil crops exports continue to indicate a sharp deduction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Malaysia (X tonnes) was the main destination for oil crops exports from Indonesia, with a X% share of total exports. Moreover, oil crops exports to Malaysia exceeded the volume sent to the second major destination, China, Hong Kong SAR (X tonnes), twofold. Saudi Arabia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Malaysia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China, Hong Kong SAR (-X% per year) and Saudi Arabia (+X% per year).

In value terms, Malaysia ($X) remains the key foreign market for oil crops exports from Indonesia, comprising X% of total oil crops exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Malaysia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China, Hong Kong SAR (-X% per year) and Australia (+X% per year).

Export Prices by Country

The average oil crops export price stood at $X per tonne in 2018, going up by X% against the previous year. Overall, the oil crops export price continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. In that year, the average export prices for oil crops (primary) reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Australia ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Oil Crops Imports

Imports into Indonesia

In 2018, the amount of oil crops (primary) imported into Indonesia totaled X tonnes, dropping by -X% against the previous year. Over the period under review, oil crops imports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, oil crops imports attained their maximum at X tonnes in 2017, and then declined slightly in the following year.

In value terms, oil crops imports totaled $X in 2018. In general, oil crops imports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. In that year, oil crops imports reached their peak of $X. From 2012 to 2018, the growth of oil crops imports remained at a lower figure.

Imports by Country

China (X tonnes), India (X tonnes) and Malaysia (X tonnes) were the main suppliers of oil crops imports to Indonesia, with a combined X% share of total imports. These countries were followed by Sudan, Singapore, Bulgaria and South Africa, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Bulgaria, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Malaysia ($X) were the largest oil crops suppliers to Indonesia, together comprising X% of total imports. Sudan, Singapore, South Africa and Bulgaria lagged somewhat behind, together comprising a further X the main suppliers, Bulgaria recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average oil crops import price amounted to $X per tonne, surging by X% against the previous year. In general, the oil crops import price continues to indicate a resilient increase. The growth pace was the most rapid in 2018 an increase of X% y-o-y. In that year, the average import prices for oil crops (primary) reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was China ($X per tonne), while the price for Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Africa, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform