Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingIn 2025, the Indonesian crude oil market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2023 to 2025, the growth of the market remained at a somewhat lower figure.
In value terms, crude oil production amounted to $X in 2025 estimated in export price. Overall, production recorded a perceptible curtailment. The growth pace was the most rapid in 2022 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2025, production stood at a somewhat lower figure.
In 2025, approx. X tons of crude petroleum oil were exported from Indonesia; increasing by X% compared with 2023. In general, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2025, the exports stood at a somewhat lower figure.
In value terms, crude oil exports dropped to $X in 2025. Overall, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2025, the exports stood at a somewhat lower figure.
Thailand (X tons) was the main destination for crude oil exports from Indonesia, with a X% share of total exports. Moreover, crude oil exports to Thailand exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was taken by India (X tons), with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Thailand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and India (X% per year).
In value terms, Thailand ($X) remains the key foreign market for crude petroleum oil exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Japan, with an X% share.
From 2012 to 2023, the average annual growth rate of value to Thailand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Japan (X% per year).
The average crude oil export price stood at $X per ton in 2023, dropping by X% against the previous year. In general, the export price saw a noticeable reduction. The pace of growth appeared the most rapid in 2022 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced a decline.
In 2025, after three years of growth, there was significant decline in supplies from abroad of crude petroleum oil, when their volume decreased by X% to X tons. Over the period under review, imports recorded a slight slump. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2025, imports failed to regain momentum.
In value terms, crude oil imports dropped significantly to $X in 2025. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2025, imports stood at a somewhat lower figure.
Nigeria (X tons), Saudi Arabia (X tons) and Angola (X tons) were the main suppliers of crude oil imports to Indonesia, together accounting for X% of total imports. Australia, Algeria, the United States, Singapore, Congo, Brunei Darussalam, Libya, Azerbaijan, Turkey and Malaysia lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for Congo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Nigeria ($X), Saudi Arabia ($X) and Angola ($X) appeared to be the largest crude oil suppliers to Indonesia, with a combined X% share of total imports. Australia, Algeria, the United States, Congo, Singapore, Brunei Darussalam, Azerbaijan, Libya, Turkey and Malaysia lagged somewhat behind, together comprising a further X%.
Among the main suppliers, Congo, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
The average crude oil import price stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period under review, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Nigeria ($X per ton), while the price for Libya ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Congo (X%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides a comprehensive view of the crude oil industry in Indonesia, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the crude oil landscape in Indonesia.
The report combines market sizing with trade intelligence and price analytics for Indonesia. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for Indonesia. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
The forecast horizon extends to 2035 and is based on a structured model that links crude oil demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in Indonesia.
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of crude oil dynamics in Indonesia.
The market size aggregates consumption and trade data, presented in both value and volume terms.
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
The report benchmarks market size, trade balance, prices, and per-capita indicators for Indonesia.
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Export
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
A new trade agreement between Indonesia and the United States reshapes their economic relationship, securing U.S. access to critical minerals for clean energy while offering Indonesia tariff relief and broader market access, as regional observers watch closely.
Petronas subsidiary discovers hydrocarbons at the Barokah-1 well in Indonesian waters, enhancing the strategic growth outlook for East Java's energy basin.
The Mako gas project in the West Natuna Sea has received its final investment decision, securing its path to development with full funding and a long-term gas sales agreement in place until 2037.
Mubadala Energy and PLN EPI have signed an agreement to supply gas from the Andaman Sea to Indonesia, prioritizing North Sumatra and Aceh, to strengthen national energy security and reduce reliance on imported LNG.
Indonesia is offering global investors access to over 100 untapped oil and gas basins in a bid to double production and bolster national energy security.
Indonesia plans to double its oil output to 1 million bpd by offering more than 100 new basins for exploration, reversing a long production decline.
Verified reviewers highlight faster qualification, clearer collaboration, and stronger bid readiness.
High Performer
Regional Grid
High Performer Small-Business
Grid Report
Leader Small-Business
Grid Report
High Performer Mid-Market
Grid Report
Leader
Grid Report
Users Love Us
Milestone badge
Cristian Spataru
Commercial Manager · XTRATECRO
Great for Market Insights and Analysis
“IndexBox is a solid source for trade and industrial market data — what I like best about it is how it aggregates official statistics.”
Review collected and hosted on G2.com.
Juan Pablo Cabrera
Gerente de Innovación · Cartocor
Extremely gratifying
“Access very specific and broad information of any type of market.”
Review collected and hosted on G2.com.
Dilan Salam
GMP; ISO Compliance Supervisor · PiONEER Co. for Pharmaceutical Industries
Powerful data at a fair price
“I have got a lot of benefit from IndexBox, too many data available, and easy to use software at a very good price.”
Review collected and hosted on G2.com.
Counselor Hasan AlKhoori
Founder and CEO · Independent
All the data required
“All the data required for building your full analytics infrastructure.”
Review collected and hosted on G2.com.
Ashenafi Behailu
General Manager · Ashenafi Behailu General Contractor
Detailed, well-organized data
“The data organization and level of detail which it is presented in is very helpful.”
Review collected and hosted on G2.com.
Iman Aref
Senior Export Manager · Padideh Shimi Gharn
Up to date and precise info
“Up to date and precise info, for fulfilling the validity and reliability of the given research.”
Review collected and hosted on G2.com.
Companies list is being prepared. Please check back soon.
Charts mirror the report figures on the platform. Values are synthetic for demo use.
| Top consuming countries | Share, % |
|---|
| Segment | Growth, % |
|---|
| Segment | Kg per capita |
|---|
| Top producing countries | Share, % |
|---|
| Top export price | USD per ton |
|---|
| Top import price | USD per ton |
|---|
| Top importing countries | Share, % |
|---|
| Top import price | USD per ton |
|---|
| Top exporting countries | Share, % |
|---|
| Top export price | USD per ton |
|---|
| Segment | Growth, % |
|---|
| Segment | Growth, % |
|---|
| Product | Rationale |
|---|
Real macro, logistics, and energy indicators are pulled from the IndexBox platform and rendered on demand.
1662
This report provides an in-depth analysis of the global crude oil market.
1234
This report provides an in-depth analysis of the crude oil market in China.
1023
This report provides an in-depth analysis of the crude oil market in the EU.
943
This report provides an in-depth analysis of the crude oil market in Asia.
915
This report provides an in-depth analysis of the crude oil market in the U.S..
8901
This report provides an in-depth analysis of the lithium carbonate market in Nigeria.
6648
This report provides an in-depth analysis of the sugar market in Egypt.
6424
This report provides an in-depth analysis of the sugar market in Bangladesh.
6223
Comprehensive analysis of the World’s Dolomite market: product scope and segmentation, supply & value chain, demand by segment, HS 2518/2529/3816 framework, and forecast.
Instant access. No credit card needed.
Instant access. No credit card needed.
