Price for Insects; Live, Other than Bees in Indonesia - 2022

Contents:

1. Price for Insects; Live, Other than Bees in Indonesia (FOB) - 2022
2. Price for Insects; Live, Other than Bees in Indonesia (CIF) - 2022
3. Exports of Insects; Live, Other than Bees in Indonesia
4. Imports of Insects; Live, Other than Bees in Indonesia

Price for Insects; Live, Other than Bees in Indonesia (FOB) - 2022

In 2022, the average export price for insects; live, other than beeses amounted to less than $0.1 per thousand units, falling by -63% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 153%. As a result, the export price attained the peak level of less than $0.1 per thousand units. From 2020 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +21.0% per year.

Price for Insects; Live, Other than Bees in Indonesia (CIF) - 2022

The average import price for insects; live, other than beeses stood at $0.1 per thousand units in 2021, flattening at the previous year. Overall, the import price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2020 a decrease of 99.9% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the Czech Republic.

From 2017 to 2021, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Exports of Insects; Live, Other than Bees in Indonesia

For the fourth consecutive year, Indonesia recorded growth in overseas shipments of insects; live, other than beeses, which increased by 34% to 4.2B units in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 266% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, insects; live, other than bees exports dropped notably to $15K in 2022. In general, exports, however, faced a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 356%. The exports peaked at $32K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Insects; Live, Other than Bees from Indonesia in 2022:

1. Japan (4.2B units)

Imports of Insects; Live, Other than Bees in Indonesia

Insects; live, other than bees imports into Indonesia was estimated at 45M units in 2021, approximately equating 2020. Overall, imports saw a sharp setback. The smallest decline of 99.9% was in 2020. Imports peaked at 139M units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, insects; live, other than bees imports stood at $2.6K in 2021. In general, imports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Top Suppliers of Insects; Live, Other than Bees to Indonesia in 2022:

1. Czech Republic (45.1M units)

Source: IndexBox Market Intelligence Platform