Indonesia: Plantain Market Overview 2021

Plantain Market Size in Indonesia

For the sixth consecutive year, the Indonesian plantain market recorded growth in sales value, which increased by X% to $X in 2019. Over the period under review, consumption enjoyed notable growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Plantain consumption peaked in 2019 and is likely to see gradual growth in the near future.

Plantain Production in Indonesia

In value terms, plantain production expanded modestly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2012 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by X% year-to-year. Over the period under review, production reached the maximum level in 2019 and is likely to continue growth in the immediate term.

In 2019, the average plantain yield in Indonesia totaled X kg per ha, approximately equating the year before. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the harvested area of plantains in Indonesia amounted to X ha, approximately equating the previous year. In general, the harvested area recorded a relatively flat trend pattern.

Plantain Exports

Exports from Indonesia

In 2019, overseas shipments of plantains decreased by -X% to X tonnes, falling for the sixth year in a row after two years of growth. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2014 to 2019, the growth exports failed to regain the momentum.

In value terms, plantain exports dropped sharply to $X in 2019. In general, exports, however, continue to indicate a mild expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

China (X tonnes), Saudi Arabia (X tonnes) and Malaysia (X tonnes) were the main destinations of plantain exports from Indonesia, together accounting for X% of total exports.

From 2012 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), China ($X) and Malaysia ($X) constituted the largest markets for plantain exported from Indonesia worldwide, together accounting for X% of total exports.

Malaysia saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average plantain export price amounted to $X per tonne, approximately equating the previous year. Over the last seven-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017 when the average export price increased by X% y-o-y. The export price peaked in 2019 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Oman ($X per tonne), while the average price for exports to Malaysia ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia, while the prices for the other major destinations experienced more modest paces of growth.

Plantain Imports

Imports into Indonesia

In 2019, imports of plantains into Indonesia declined dramatically to X tonnes, with a decrease of -X% on 2018 figures. Over the period under review, imports saw a sharp setback. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

In value terms, plantain imports shrank sharply to $X in 2019. Overall, imports recorded a dramatic contraction. Imports peaked at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Australia (X tonnes) was the main supplier of plantain to Indonesia, with a approx. X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from Australia stood at +X%.

In value terms, Australia ($X) constituted the largest supplier of plantain to Indonesia.

From 2012 to 2019, the average annual growth rate of value from Australia totaled +X%.

Import Prices by Country

The average plantain import price stood at $X per tonne in 2019, approximately reflecting the previous year. Overall, the import price saw a slight expansion. The import price peaked at $X per tonne in 2018, and then stood in the following year.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2019, the rate of growth in terms of prices for Australia amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plantains in the world?

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The countries with the highest volumes of plantain consumption in 2019 were Ghana (4.9M tonnes), Democratic Republic of the Congo (4.9M tonnes) and Cameroon (4.8M tonnes), together comprising 35% of global consumption. These countries were followed by Uganda, Nigeria, the Philippines, Peru, Colombia, Cote d'Ivoire, Myanmar, the Dominican Republic, Rwanda and Venezuela, which together accounted for a further 47%.

What are the largest producers of plantains in the world?

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The countries with the highest volumes of plantain production in 2019 were Ghana (4.9M tonnes), Democratic Republic of the Congo (4.9M tonnes) and Cameroon (4.8M tonnes), together accounting for 34% of global production. These countries were followed by Uganda, Nigeria, the Philippines, Peru, Colombia, Cote d'Ivoire, Myanmar, the Dominican Republic, Rwanda and Venezuela, which together accounted for a further 47%.

What are the leading suppliers of plantains to Indonesia?

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In value terms, Australia ($588) constituted the largest supplier of plantain to Indonesia.

What are the leading importers of plantains from Indonesia?

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In value terms, the largest markets for plantain exported from Indonesia were Saudi Arabia ($318K), China ($274K) and Malaysia ($124K), with a combined 78% share of total exports.

What is the average export price for plantains in Indonesia?

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The average plantain export price stood at $629 per tonne in 2019, remaining constant against the previous year.

What is the average import price for plantains in Indonesia?

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The average plantain import price stood at $496 per tonne in 2019, leveling off at the previous year.