Indonesia: Vegetable Market 2021

Vegetable Market Size in Indonesia

In 2020, the Indonesian vegetable market decreased by -X% to $X, falling for the second consecutive year after three years of growth. In general, consumption saw a buoyant increase. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Vegetable consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Vegetable Production in Indonesia

In value terms, vegetable production fell modestly to $X in 2020 estimated in export prices. Overall, production saw prominent growth. The pace of growth was the most pronounced in 2011 when the production volume increased by X% y-o-y. Vegetable production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

The average yield of vegetables in Indonesia was estimated at X tonnes per ha in 2020, with an increase of X% against 2019 figures. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. The vegetable yield peaked in 2020 and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of vegetables production in Indonesia rose to X ha, increasing by X% against 2019 figures. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009 when the harvested area increased by X% y-o-y. The vegetable harvested area peaked in 2020 and is expected to retain growth in years to come.

Vegetable Exports

Exports from Indonesia

In 2020, overseas shipments of vegetables increased by X% to X tonnes, rising for the second consecutive year after two years of decline. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2016; however, from 2017 to 2020, exports remained at a lower figure.

In value terms, vegetable exports soared to $X in 2020. Over the period under review, total exports indicated a noticeable expansion from 2007 to 2020: its value decreased 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. Based on 2020 figures, exports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Exports peaked at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Taiwan (Chinese) (X tonnes), Singapore (X tonnes) and Malaysia (X tonnes) were the main destinations of vegetable exports from Indonesia, with a combined X% share of total exports. These countries were followed by Thailand, which accounted for a further X 2007 to 2020, the biggest increases were in Thailand, while shipments for the other leaders experienced mixed trend patterns.

In value terms, Singapore ($X), Thailand ($X) and Taiwan (Chinese) ($X) constituted the largest markets for vegetable exported from Indonesia worldwide, with a combined X% share of total exports.

Among the main countries of destination, Thailand 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 2020, the average vegetable export price amounted to $X per tonne, which is down by -X% against the previous year. Overall, export price indicated a temperate expansion from 2007 to 2020: its price 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. Based on 2020 figures, vegetable export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

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

Vegetable Imports

Imports into Indonesia

In 2020, purchases abroad of vegetables decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. from 2018 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, vegetable imports expanded sharply to $X in 2020. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest vegetable supplier to Indonesia, accounting for a X% share of total imports. Moreover, vegetable imports from China exceeded the figures recorded by the second-largest supplier, India (X tonnes), sevenfold. The third position in this ranking was occupied by New Zealand (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and New Zealand (+X% per year).

In value terms, China ($X) constituted the largest supplier of vegetable to Indonesia, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and India (+X% per year).

Import Prices by Country

In 2020, the average vegetable import price amounted to $X per tonne, rising by X% against the previous year. Overall, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. The import price peaked in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform