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Indonesia - Refined Olive Oil - Market Analysis, Forecast, Size, Trends And Insights
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Indonesia: Refined Olive Oil Market Overview 2021

Refined Olive Oil Market Size in Indonesia

For the third year in a row, the Indonesian refined olive oil market recorded growth in sales value, which increased by X% to $X in 2019. In general, the total consumption indicated a buoyant increase from 2007 to 2019: its value 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, consumption increased by +X% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Refined Olive Oil Production in Indonesia

In value terms, refined olive oil production soared to $X in 2019 estimated in export prices. Overall, production saw resilient growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Refined Olive Oil Exports

Exports from Indonesia

In 2019, exports of refined olive oil from Indonesia contracted rapidly to X kg, declining by -X% on 2018. Over the period under review, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, refined olive oil exports rose markedly to $X in 2019. Overall, exports showed a prominent expansion. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Suriname (X kg) was the main destination for refined olive oil exports from Indonesia, accounting for a X% share of total exports. Moreover, refined olive oil exports to Suriname exceeded the volume sent to the second major destination, Togo (X kg), threefold.

From 2007 to 2019, the average annual growth rate of volume to Suriname was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (X% per year) and Sweden (X% per year).

In value terms, Suriname ($X), Togo ($X) and Sweden ($X) constituted the largest markets for refined olive oil exported from Indonesia worldwide, together comprising X% of total exports.

Among the main countries of destination, Togo saw 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

In 2019, the average refined olive oil export price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The pace of growth was the most pronounced in 2010 an increase of X% against the previous year. The export price peaked in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Togo ($X per tonne), while the average price for exports to Suriname ($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 Togo, while the prices for the other major destinations experienced more modest paces of growth.

Refined Olive Oil Imports

Imports into Indonesia

In 2019, the amount of refined olive oil imported into Indonesia skyrocketed to X tonnes, with an increase of X% against the previous year. Overall, imports recorded a prominent increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2019 and are likely to see gradual growth in the immediate term.

In value terms, refined olive oil imports skyrocketed to $X in 2019. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in years to come.

Imports by Country

Spain (X tonnes), Italy (X tonnes) and Egypt (X tonnes) were the main suppliers of refined olive oil imports to Indonesia, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Egypt, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest refined olive oil suppliers to Indonesia were Spain ($X), Egypt ($X) and Italy ($X), with a combined X% share of total imports.

Among the main suppliers, Egypt saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average refined olive oil import price stood at $X per tonne in 2019, increasing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2009 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, 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 Egypt ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Egypt, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined olive oil in the world?
+
The countries with the highest volumes of refined olive oil consumption in 2019 were China (672K tonnes), the U.S. (356K tonnes) and India (263K tonnes), together accounting for 28% of global consumption. These countries were followed by Spain, Japan, Indonesia, Germany, Russia, Brazil, Pakistan, Bangladesh, France and Italy, which together accounted for a further 28%.
What are the largest producers of refined olive oil in the world?
+
The countries with the highest volumes of refined olive oil production in 2019 were China (664K tonnes), Spain (417K tonnes) and the U.S. (277K tonnes), with a combined 30% share of global production. These countries were followed by India, Japan, Indonesia, Germany, Russia, Pakistan, Brazil, Italy, Bangladesh and France, which together accounted for a further 29%.
What are the leading suppliers of refined olive oil to Indonesia?
+
In value terms, the largest refined olive oil suppliers to Indonesia were Spain ($1.3M), Egypt ($711K) and Italy ($599K), together accounting for 96% of total imports.
What are the leading importers of refined olive oil from Indonesia?
+
In value terms, the largest markets for refined olive oil exported from Indonesia were Suriname ($2.6K), Togo ($2K) and Sweden ($105), with a combined 86% share of total exports.
What is the average export price for refined olive oil in Indonesia?
+
In 2019, the average refined olive oil export price amounted to $6,803 per tonne, jumping by 119% against the previous year.
What is the average import price for refined olive oil in Indonesia?
+
The average refined olive oil import price stood at $3,705 per tonne in 2019, growing by 7.7% against the previous year.

Product coverage:
• Prodcom 10415310 - Refined olive oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined olive oil 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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