Indonesia: Peach And Nectarine Market Overview 2021

Peach And Nectarine Market Size in Indonesia

In 2019, the Indonesian peach and nectarine market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption recorded significant growth. The growth pace was the most rapid in 2008 when the market value increased by X% y-o-y. Peach and nectarine consumption peaked in 2019 and is likely to continue growth in the near future.

Peach And Nectarine Exports

Exports from Indonesia

For the third consecutive year, Indonesia recorded growth in overseas shipments of peaches and nectarines, which increased by X% to X tonnes in 2019. Over the period under review, exports, however, faced a abrupt descent. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, peach and nectarine exports amounted to $X in 2019. Overall, exports, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2016 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for peach and nectarine exports from Indonesia, with a X% share of total exports. Moreover, peach and nectarine exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X kg), ninefold.

From 2007 to 2019, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +X%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for peach and nectarine exports from Indonesia, comprising X% of total exports. The second position in the ranking was occupied by Qatar ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the United Arab Emirates stood at +X%.

Export Prices by Country

The average peach and nectarine export price stood at $X per tonne in 2019, stabilizing at the previous year. In general, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. The export price peaked at $X per tonne in 2016; however, from 2017 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to Qatar stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates.

Peach And Nectarine Imports

Imports into Indonesia

In 2019, supplies from abroad of peaches and nectarines increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in years to come.

In value terms, peach and nectarine imports soared to $X in 2019. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Imports peaked in 2019 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2019, Australia (X tonnes) constituted the largest peach and nectarine supplier to Indonesia, with a X% share of total imports. Moreover, peach and nectarine imports from Australia exceeded the figures recorded by the second-largest supplier, China (X tonnes), threefold. The third position in this ranking was occupied by South Korea (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Australia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and South Korea (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of peach and nectarine to Indonesia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Australia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and South Korea (+X% per year).

Import Prices by Country

The average peach and nectarine import price stood at $X per tonne in 2019, surging by X% against the previous year. Overall, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the price for South Korea ($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 more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peaches and nectarines in the world?

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The country with the largest volume of peach and nectarine consumption was China (32M tonnes), comprising approx. 75% of total volume. Moreover, peach and nectarine consumption in China exceeded the figures recorded by the second-largest consumer, Italy (1.2M tonnes), more than tenfold. The third position in this ranking was occupied by Greece (763K tonnes), with a 1.8% share.

What are the largest producers of peaches and nectarines in the world?

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China (32M tonnes) constituted the country with the largest volume of peach and nectarine production, accounting for 75% of total volume. Moreover, peach and nectarine production in China exceeded the figures recorded by the second-largest producer, Spain (1.5M tonnes), more than tenfold. The third position in this ranking was occupied by Italy (1.2M tonnes), with a 2.9% share.

What are the leading suppliers of peaches and nectarines to Indonesia?

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In value terms, Australia ($510K) constituted the largest supplier of peach and nectarine to Indonesia, comprising 54% of total imports. The second position in the ranking was occupied by China ($216K), with a 23% share of total imports. It was followed by South Korea, with a 12% share.

What are the leading importers of peaches and nectarines from Indonesia?

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In value terms, the United Arab Emirates ($16K) remains the key foreign market for peach and nectarine exports from Indonesia, comprising 100% of total exports. The second position in the ranking was occupied by Qatar ($76), with a 0.5% share of total exports.

What is the average export price for peaches and nectarines in Indonesia?

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In 2019, the average peach and nectarine export price amounted to $3,102 per tonne, flattening at the previous year.

What is the average import price for peaches and nectarines in Indonesia?

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In 2019, the average peach and nectarine import price amounted to $1,989 per tonne, increasing by 15% against the previous year.