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Indonesia - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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Indonesia: Peanut Butter Market Overview 2021

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Peanut Butter Market Size in Indonesia

After four years of growth, the Indonesian peanut butter market decreased by -X% to $X in 2019. Over the period under review, consumption, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2018, and then contracted in the following year.

Peanut Butter Production in Indonesia

In value terms, peanut butter production shrank modestly to $X in 2019 estimated in export prices. Overall, production saw prominent growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Peanut butter production peaked at $X in 2018, and then contracted modestly in the following year.

Peanut Butter Exports

Exports from Indonesia

In 2019, overseas shipments of peanut butter and prepared or preserved groundnuts decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, exports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, peanut butter exports contracted remarkably to $X in 2019. Overall, total exports indicated a noticeable expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2013; however, from 2014 to 2019, exports remained at a lower figure.

Exports by Country

Malaysia (X tonnes), Jordan (X tonnes) and Hong Kong SAR (X tonnes) were the main destinations of peanut butter exports from Indonesia, together comprising X% of total exports. These countries were followed by South Korea, Singapore, the U.S., Israel, the Philippines, Nigeria, Timor-Leste and Australia, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Timor-Leste, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for peanut butter exported from Indonesia were Jordan ($X), Malaysia ($X) and Hong Kong SAR ($X), with a combined X% share of total exports. Singapore, South Korea, the U.S., Israel, Australia, the Philippines, Timor-Leste and Nigeria lagged somewhat behind, together accounting for a further X the main countries of destination, Timor-Leste recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average peanut butter export price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. In general, export price indicated prominent growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, peanut butter export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The export price peaked at $X per tonne in 2018, and then declined in the following year.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Jordan ($X per tonne), while the average price for exports to Nigeria ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Timor-Leste, while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports

Imports into Indonesia

In 2019, after four years of growth, there was significant decline in overseas purchases of peanut butter and prepared or preserved groundnuts, when their volume decreased by -X% to X tonnes. Overall, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Imports peaked at X tonnes in 2018, and then declined remarkably in the following year.

In value terms, peanut butter imports shrank sharply to $X in 2019. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Imports peaked at $X in 2018, and then contracted sharply in the following year.

Imports by Country

In 2019, China (X tonnes) constituted the largest supplier of peanut butter to Indonesia, with a X% share of total imports. Moreover, peanut butter imports from China exceeded the figures recorded by the second-largest supplier, India (X tonnes), ninefold. The third position in this ranking was occupied by Singapore (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Singapore (+X% per year).

In value terms, China ($X) constituted the largest supplier of peanut butter to Indonesia, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

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

Import Prices by Country

In 2019, the average peanut butter import price amounted to $X per tonne, declining by -X% against the previous year. Overall, import price indicated slight growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, peanut butter import price decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2013 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 Singapore ($X per tonne), while the price for the United Arab Emirates ($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 peanut butter and prepared or preserved groundnuts in the world?
+
China (859K tonnes) constituted the country with the largest volume of peanut butter consumption, accounting for 17% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (374K tonnes), twofold. India (332K tonnes) ranked third in terms of total consumption with a 6.5% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?
+
The country with the largest volume of peanut butter production was China (1.2M tonnes), accounting for 23% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, the U.S. (408K tonnes), threefold. India (352K tonnes) ranked third in terms of total production with a 6.7% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts to Indonesia?
+
In value terms, China ($4.1M) constituted the largest supplier of peanut butter to Indonesia, comprising 77% of total imports. The second position in the ranking was occupied by India ($354K), with a 6.6% share of total imports. It was followed by Singapore, with a 5.2% share.
What are the leading importers of peanut butter and prepared or preserved groundnuts from Indonesia?
+
In value terms, the largest markets for peanut butter exported from Indonesia were Jordan ($1.5M), Malaysia ($1.1M) and Hong Kong SAR ($919K), together accounting for 44% of total exports. These countries were followed by Singapore, South Korea, the U.S., Israel, Australia, the Philippines, Timor-Leste and Nigeria, which together accounted for a further 42%.
What is the average export price for peanut butter and prepared or preserved groundnuts in Indonesia?
+
The average peanut butter export price stood at $2,969 per tonne in 2019, which is down by -6.9% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in Indonesia?
+
In 2019, the average peanut butter import price amounted to $1,706 per tonne, reducing by -6.9% against the previous year.

Product coverage:
• Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

This report provides an in-depth analysis of the peanut butter 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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