Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Indonesia - 2022

Contents:

  1. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Indonesia (CIF) - 2022
  2. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Indonesia (FOB) - 2022
  3. Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Indonesia
  4. Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Indonesia

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Indonesia (CIF) - 2022

In March 2022, the average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $3,868 per ton, with a decrease of -51.7% against the previous month. Overall, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in May 2021 an increase of 142% m-o-m. Over the period under review, average import prices attained the peak figure at $15,684 per ton in January 2022; however, from February 2022 to March 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was South Korea ($5,353 per ton), while the price for South Africa ($1,514 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Indonesia (FOB) - 2022

The average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $815 per ton in 2022, growing by 8.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 63%. As a result, the export price attained the peak level of $1,485 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,391 per ton), while the average price for exports to Singapore ($263 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 Hong Kong SAR (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Indonesia

After two years of decline, purchases abroad of apricots, cherries, peaches (including nectarines), plums and sloes, freshes increased by 252% to 5.2K tons in 2022. Over the period under review, imports, however, saw a abrupt shrinkage.

In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes surged to $17M in 2022. In general, imports, however, saw a drastic downturn.

Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia8,3506,9091,5004,865-16.5%
China4286384021,14038.6%
United States71087018694610.0%
Canada95.935.253.828143.1%
Turkey11414946.727333.8%
Singapore80.113043.026849.6%
South Korea11911450.322724.0%
Chile53.079.650.821559.5%
South Africa35480.27.0102-34.0%
Spain36.118727.056.816.3%
Others17,09112,3532,3738,292-21.4%
Total27,43021,5444,74016,666-15.3%

Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Indonesia in 2022:

  1. China (1064.7 tons)
  2. Australia (937.1 tons)
  3. United States (152.8 tons)
  4. South Africa (144.8 tons)
  5. Singapore (103.3 tons)
  6. Turkey (78.1 tons)
  7. South Korea (45.3 tons)
  8. Chile (41.9 tons)
  9. Canada (40.5 tons)
  10. Spain (39.2 tons)

Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Indonesia

For the third consecutive year, Indonesia recorded decline in shipments abroad of apricots, cherries, peaches (including nectarines), plums and sloes, freshes, which decreased by -51.5% to 17 tons in 2022. In general, exports saw a dramatic decline. The smallest decline of -45.1% was in 2020.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes contracted dramatically to $14K in 2022. Overall, exports faced a precipitous decline.

Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China65.445.720.812.1-43.0%
Saudi Arabia55.515.32.10.5-79.2%
Singapore1.10.30.10.1-55.0%
Others58.017.93.81.4-71.1%
Total18079.326.914.1-57.2%

Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Indonesia in 2022:

  1. China (14.7 tons)
  2. Saudi Arabia (1.0 tons)
  3. Singapore (0.3 tons)

Source: IndexBox Market Intelligence Platform

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