Indonesia: Prepared Mustard Market 2024

Prepared Mustard Market Size in Indonesia

The Indonesian prepared mustard market fell slightly to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Prepared mustard consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Prepared Mustard Production in Indonesia

In value terms, prepared mustard production dropped slightly to $X in 2022 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Prepared mustard production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Prepared Mustard Exports

Exports from Indonesia

After two years of decline, shipments abroad of prepared mustard increased by X% to X tons in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, prepared mustard exports soared to $X in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Timor-Leste (X tons), Malaysia (X tons) and the Netherlands (X tons) were the main destinations of prepared mustard exports from Indonesia, with a combined X% share of total exports. The United States, Papua New Guinea, Singapore and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), the Netherlands ($X) and Timor-Leste ($X) appeared to be the largest markets for prepared mustard exported from Indonesia worldwide, together comprising X% of total exports. The United States, Papua New Guinea, Hong Kong SAR and Singapore lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to 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 prepared mustard export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Mustard Imports

Imports into Indonesia

In 2022, overseas purchases of prepared mustard were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, prepared mustard imports surged to $X in 2022. Overall, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of prepared mustard to Indonesia, with a X% share of total imports. Moreover, prepared mustard imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by France (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, the United States ($X), Germany ($X) and France ($X) constituted the largest prepared mustard suppliers to Indonesia, together comprising X% of total imports. Canada, China and the Netherlands lagged somewhat behind, together comprising a further X%.

Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average prepared mustard import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :