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Indonesia - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
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Indonesia: Sweet Potato Market Overview 2021

Sweet Potato Market Size in Indonesia

In 2020, the Indonesian sweet potato market was finally on the rise to reach $X for the first time since 2015, thus ending a four-year declining trend. Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Sweet Potato Production in Indonesia

In value terms, sweet potato production stood at $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2020, production stood at a somewhat lower figure.

The average yield of sweet potato in Indonesia totaled X tonnes per ha in 2020, with an increase of X% compared with 2019 figures. In general, the yield indicated a buoyant increase from 2007 to 2020: its figure increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, sweet potato yield increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, the average sweet potato yield hit record highs in 2020 and is likely to see steady growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sweet potato harvested area in Indonesia contracted to X ha in 2020, which is down by -X% compared with 2019. In general, the harvested area recorded a abrupt downturn. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. As a result, the harvested area reached the peak level of X ha. from 2010 to 2020, the growth of the sweet potato harvested area failed to regain the momentum.

Sweet Potato Exports

Exports from Indonesia

In 2020, overseas shipments of sweet potato increased by X% to X tonnes for the first time since 2017, thus ending a two-year declining trend. Overall, total exports indicated a pronounced expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Exports peaked in 2020 and are expected to retain growth in years to come.

In value terms, sweet potato exports expanded markedly to $X in 2020. In general, total exports indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2016 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Malaysia (X tonnes), Japan (X tonnes) and Singapore (X tonnes) were the main destinations of sweet potato exports from Indonesia, with a combined X% share of total exports. Hong Kong SAR and Thailand lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Hong Kong SAR (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the key foreign market for sweet potato exports from Indonesia, comprising X% of total exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Japan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Malaysia (-X% per year).

Export Prices by Country

In 2020, the average sweet potato export price amounted to $X per tonne, approximately mirroring the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Thailand ($X per tonne), while the average price for exports to Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Singapore, while the prices for the other major destinations experienced more modest paces of growth.

Sweet Potato Imports

Imports into Indonesia

Sweet potato imports into Indonesia reduced markedly to X kg in 2020, shrinking by -X% compared with the previous year. Overall, imports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

In value terms, sweet potato imports contracted markedly to $X in 2020. Over the period under review, imports showed a precipitous shrinkage. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Taiwan (Chinese) (X kg) was the main sweet potato supplier to Indonesia, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Taiwan (Chinese) was relatively modest.

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of sweet potato to Indonesia.

From 2007 to 2020, the average annual rate of growth in terms of value from Taiwan (Chinese) was relatively modest.

Import Prices by Country

In 2020, the average sweet potato import price amounted to $X per tonne, growing by X% against the previous year. Overall, the import price continues to indicate significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).

From 2007 to 2020, the rate of growth in terms of prices for Taiwan (Chinese) amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sweet potato in the world?
+
China (50M tonnes) remains the largest sweet potato consuming country worldwide, accounting for 55% of total volume. Moreover, sweet potato consumption in China exceeded the figures recorded by the second-largest consumer, Malawi (6.2M tonnes), eightfold. The third position in this ranking was occupied by Tanzania (4.3M tonnes), with a 4.7% share.
What are the largest producers of sweet potato in the world?
+
China (50M tonnes) constituted the country with the largest volume of sweet potato production, comprising approx. 55% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Malawi (6.2M tonnes), eightfold. Tanzania (4.3M tonnes) ranked third in terms of total production with a 4.7% share.
What are the leading suppliers of sweet potato to Indonesia?
+
In value terms, Taiwan (Chinese) ($44) constituted the largest supplier of sweet potato to Indonesia.
What are the leading importers of sweet potato from Indonesia?
+
In value terms, Japan ($5.2M) remains the key foreign market for sweet potato exports from Indonesia, comprising 54% of total exports. The second position in the ranking was occupied by Singapore ($2.2M), with a 23% share of total exports. It was followed by Malaysia, with a 12% share.
What is the average export price for sweet potato in Indonesia?
+
The average sweet potato export price stood at $810 per tonne in 2020, remaining stable against the previous year.
What is the average import price for sweet potato in Indonesia?
+
The average sweet potato import price stood at $44,000 per tonne in 2020, growing by 5,400% against the previous year.

Product coverage:
• FCL 122 - Sweet potatoes

This report provides an in-depth analysis of the sweet potato 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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 2030
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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