Indonesia: Poppy Seed Market Overview 2021

Poppy Seed Market Size in Indonesia

In 2019, the Indonesian poppy seed market increased by X% to $X for the first time since 2016, thus ending a two-year declining trend. Overall, consumption saw perceptible growth. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2011 to 2019, the growth of the market remained at a lower figure.

Poppy Seed Exports

Exports from Indonesia

In 2019, the amount of poppy seed exported from Indonesia was estimated at X kg, standing approx. at the previous year. Overall, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, poppy seed exports amounted to $X in 2019. In general, exports showed a sharp shrinkage. The pace of growth was the most pronounced in 2009 when exports increased by X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for poppy seed exports from Indonesia, accounting for a approx. X% share of total exports.

From 2007 to 2015, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

From 2007 to 2015, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

In 2015, the average poppy seed export price amounted to $X per tonne, leveling off at the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2009 to 2015, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2007 to 2015, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Poppy Seed Imports

Imports into Indonesia

In 2019, supplies from abroad of poppy seed increased by X% to X kg for the first time since 2013, thus ending a five-year declining trend. Overall, imports posted a strong increase. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. As a result, imports reached the peak of X kg. From 2009 to 2019, the growth imports remained at a lower figure.

In value terms, poppy seed imports soared to $X in 2019. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2009 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, the U.S. (X kg) was the main poppy seed supplier to Indonesia, with a X% share of total imports. It was followed by Malaysia (X kg), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. totaled +X%.

In value terms, the U.S. ($X) constituted the largest supplier of poppy seed to Indonesia, comprising X% of total imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. amounted to +X%.

Import Prices by Country

In 2019, the average poppy seed import price amounted to $X per tonne, almost unchanged from the previous year. In general, import price indicated a moderate increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, poppy seed import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2009 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2010 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 Malaysia ($X per tonne), while the price for the U.S. stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for poppy seed in the world?

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India (17K tonnes) remains the largest poppy seed consuming country worldwide, comprising approx. 18% of total volume. Moreover, poppy seed consumption in India exceeded the figures recorded by the second-largest consumer, Germany (8.1K tonnes), twofold. The third position in this ranking was occupied by Russia (7.2K tonnes), with a 7.7% share.

What are the largest producers of poppy seed in the world?

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The countries with the highest volumes of poppy seed production in 2019 were Turkey (27K tonnes), the Czech Republic (18K tonnes) and Spain (14K tonnes), with a combined 57% share of global production. Australia, China, France, Hungary, Croatia, Germany, the UK, Slovakia and Austria lagged somewhat behind, together accounting for a further 36%.

What are the leading suppliers of poppy seed to Indonesia?

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In value terms, the U.S. ($820) constituted the largest supplier of poppy seed to Indonesia, comprising 73% of total imports. The second position in the ranking was occupied by Malaysia ($182), with a 16% share of total imports.

What is the average export price for poppy seed in Indonesia?

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In 2015, the average poppy seed export price amounted to $1,934 per tonne, flattening at the previous year.

What is the average import price for poppy seed in Indonesia?

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In 2019, the average poppy seed import price amounted to $3,737 per tonne, approximately reflecting the previous year.