Indonesia - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGroundnuts Price in Indonesia - 2022
Contents:
- Groundnuts Price in Indonesia (FOB) - 2022
- Groundnuts Price in Indonesia (CIF) - 2022
- Groundnuts Exports in Indonesia
- Groundnuts Imports in Indonesia
Groundnuts Price in Indonesia (FOB) - 2022
In 2022, the average groundnuts export price amounted to $2,141 per ton, picking up by 6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2014 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($2,297 per ton), while the average price for exports to Timor-Leste ($210 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 (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Groundnuts Price in Indonesia (CIF) - 2022
In March 2022, the average groundnuts import price amounted to $1,299 per ton, growing by 6.9% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 an increase of 7.6% m-o-m. The import price peaked at $1,326 per ton in April 2021; afterwards, it flattened through to March 2022.
Average prices varied somewhat amongst the major supplying countries. In March 2022, the country with the highest price was China ($1,784 per ton), while the price for India totaled $1,273 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by India (+0.2%), while the prices for the other major suppliers experienced a decline.
Groundnuts Exports in Indonesia
In 2022, after three years of growth, there was decline in overseas shipments of ground-nut (in-shell), when their volume decreased by -4.5% to 2.3K tons. The total export volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 9.3% against the previous year.
In value terms, groundnuts exports stood at $4.9M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
Export of Groundnuts in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 2.4 | 3.1 | 3.3 | 3.3 | 11.2% |
Hong Kong SAR | 1.0 | 1.4 | 1.1 | 1.1 | 3.2% |
Thailand | 0.3 | 0.1 | 0.3 | 0.3 | 0.0% |
Timor-Leste | N/A | N/A | N/A | N/A | 0% |
Others | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
Total | 3.9 | 4.8 | 4.9 | 4.9 | 7.9% |
Top Export Markets for Groundnuts from Indonesia in 2022:
- Malaysia (1449.7 tons)
- Hong Kong SAR (590.6 tons)
- Thailand (145.8 tons)
- Timor-Leste (58.2 tons)
Groundnuts Imports in Indonesia
For the third year in a row, Indonesia recorded decline in purchases abroad of ground-nut (in-shell), which decreased by -82.2% to 504 tons in 2022. Over the period under review, imports faced a dramatic slump. The smallest decline of -52.4% was in 2020.
In value terms, groundnuts imports fell markedly to $492K in 2022. Overall, imports faced a significant decline. The smallest decline of -47.3% was in 2020.
Import of Groundnuts in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 10.9 | 7.6 | 3.2 | 0.5 | -64.2% |
Malaysia | 0.2 | N/A | 0.1 | N/A | -29.3% |
Sudan | 3.1 | N/A | N/A | N/A | 0% |
Others | 0.3 | N/A | 0.2 | N/A | -18.4% |
Total | 14.5 | 7.6 | 3.5 | 0.5 | -67.5% |
Top Suppliers of Groundnuts to Indonesia in 2022:
- India (490.0 tons)
- Malaysia (11.0 tons)
This report provides an in-depth analysis of the groundnuts 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 2030.
Product coverage:
- FCL 242 - Groundnuts, in shell
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the groundnuts market in Indonesia.
This report provides an in-depth analysis of the global groundnuts market.
This report provides an in-depth analysis of the groundnuts market in Indonesia.
This report provides an in-depth analysis of the global groundnuts market.
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