Mandarins Price in Indonesia - 2022
Contents:
- Mandarins Price in Indonesia (CIF) - 2022
- Mandarins Price in Indonesia (FOB) - 2022
- Mandarins Imports in Indonesia
- Mandarins Exports in Indonesia
Mandarins Price in Indonesia (CIF) - 2022
The average mandarins import price stood at $1,550 per ton in March 2022, growing by 3.1% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 an increase of 30% against the previous month. The import price peaked at $2,401 per ton in August 2021; however, from September 2021 to March 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In March 2022, the country with the highest price was China ($1,699 per ton), while the price for Pakistan stood at $1,176 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced a decline.
Mandarins Price in Indonesia (FOB) - 2022
The average mandarins export price stood at $5,200 per ton in 2021, remaining relatively unchanged against the previous year. Overall, the export price showed a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price decreased by 99.9%. The export price peaked in 2021 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2019 to 2021, the rate of growth in terms of prices for Singapore amounted to +409.9% per year.
Mandarins Imports in Indonesia
In 2022, approx. 117K tons of fruit, edible were imported into Indonesia; surging by 13% compared with the previous year's figure. Overall, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 81%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, mandarins imports rose remarkably to $187M in 2022. In general, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Mandarins in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 107 | 59.3 | 102 | 109 | 0.6% |
| Pakistan | 44.2 | 27.0 | 49.1 | 52.5 | 5.9% |
| Australia | 9.2 | 7.4 | 13.2 | 14.1 | 15.3% |
| Argentina | 8.3 | 1.1 | 5.1 | 5.5 | -12.8% |
| Egypt | 2.0 | 1.6 | 3.2 | 3.4 | 19.3% |
| Others | 3.5 | 2.5 | 2.2 | 2.7 | -8.3% |
| Total | 174 | 98.8 | 175 | 187 | 2.4% |
Top Suppliers of Mandarins to Indonesia in 2022:
- China (67.8K tons)
- Pakistan (36.6K tons)
- Australia (5.9K tons)
- Argentina (2.6K tons)
- Egypt (2.1K tons)
Mandarins Exports in Indonesia
In 2021, mandarins exports from Indonesia amounted to 10 kg, almost unchanged from 2020. In general, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.
In value terms, mandarins exports totaled $52 in 2021. Over the period under review, exports saw a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.
| Export of Mandarins in Indonesia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Singapore | 2.0 | N/A | 52.0 | 409.9% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2.0 | N/A | 52.0 | 409.9% | |
Top Export Markets for Mandarins from Indonesia in 2022:
- Singapore (10.0 kg)
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