Price for Cereal Groats and Meal; of Wheat in Indonesia - 2022
Contents:
- Price for Cereal Groats and Meal; of Wheat in Indonesia (CIF) - 2022
- Price for Cereal Groats and Meal; of Wheat in Indonesia (FOB) - 2022
- Imports of Cereal Groats and Meal; of Wheat in Indonesia
- Exports of Cereal Groats and Meal; of Wheat in Indonesia
Price for Cereal Groats and Meal; of Wheat in Indonesia (CIF) - 2022
In 2022, the average import price for cereal groats and meal; of wheats amounted to $918 per ton, growing by 23% against the previous year. Over the period under review, the import price continues to indicate measured growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 53% against the previous year. Over the period under review, average import prices attained the maximum at $1,558 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($2,419 per ton), while the price for South Korea ($133 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.7%), while the prices for the other major suppliers experienced a decline.
Price for Cereal Groats and Meal; of Wheat in Indonesia (FOB) - 2022
The average export price for cereal groats and meal; of wheats stood at $1,537 per ton in 2022, with an increase of 70% against the previous year. Over the period under review, the export price enjoyed pronounced growth. The most prominent rate of growth was recorded in 2016 an increase of 77% against the previous year. As a result, the export price reached the peak level of $1,694 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($1,750 per ton), while the average price for exports to Malaysia amounted to $1,552 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.1%), while the prices for the other major destinations experienced a decline.
Imports of Cereal Groats and Meal; of Wheat in Indonesia
After two years of decline, overseas purchases of cereal groats and meal; of wheats increased by 24% to 19 tons in 2022. Over the period under review, imports, however, saw a precipitous contraction.
In value terms, imports of cereal groats and meal; of wheats surged to $18K in 2022. Overall, imports, however, continue to indicate a sharp curtailment.
| Import of Cereal Groats and Meal; of Wheat in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 47.5 | 37.4 | 4.6 | 11.1 | -38.4% |
| Australia | 15.3 | 1.7 | 1.4 | 2.0 | -49.2% |
| Malaysia | 6.5 | 5.6 | 1.6 | 1.2 | -43.1% |
| Italy | 2.4 | 2.3 | 0.9 | 0.8 | -30.7% |
| South Korea | 3.8 | 3.4 | 1.1 | 0.8 | -40.5% |
| Turkey | 3.4 | 2.9 | 0.8 | 0.6 | -43.9% |
| France | 1.6 | 1.7 | 0.6 | 0.6 | -27.9% |
| Others | 2.6 | 1.4 | 0.5 | 0.5 | -42.3% |
| Total | 83.1 | 56.6 | 11.6 | 17.6 | -40.4% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Indonesia in 2022:
- United States (9.1 tons)
- South Korea (6.3 tons)
- Turkey (0.8 tons)
- Australia (0.8 tons)
- Malaysia (0.8 tons)
- France (0.5 tons)
- Italy (0.4 tons)
Exports of Cereal Groats and Meal; of Wheat in Indonesia
In 2022, shipments abroad of cereal groats and meal; of wheats decreased by -56.8% to 3.6 tons, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 357% against the previous year. As a result, the exports reached the peak of 19 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cereal groats and meal; of wheats dropped rapidly to $5.6K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 315%. As a result, the exports reached the peak of $10K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cereal Groats and Meal; of Wheat in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.2 | 8.7 | 7.5 | 5.5 | 66.1% |
| Hong Kong SAR | N/A | 0.4 | N/A | N/A | 0% |
| Norway | 0.6 | N/A | N/A | N/A | 0% |
| Australia | N/A | 0.7 | N/A | N/A | 0% |
| Others | 0.7 | 0.5 | 0.1 | 0.1 | -47.7% |
| Total | 2.5 | 10.3 | 7.6 | 5.6 | 30.8% |
Top Export Markets for Cereal Groats and Meal; of Wheat from Indonesia in 2022:
- Malaysia (3.6 tons)
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