Price for Sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa in Indonesia - 2022
Contents:
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Indonesia (FOB) - 2022
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Indonesia (CIF) - 2022
- Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Indonesia
- Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Indonesia
Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Indonesia (FOB) - 2022
The average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $3,010 per ton in March 2022, waning by -1.8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 an increase of 6.5% against the previous month. As a result, the export price attained the peak level of $3,142 per ton. From February 2022 to March 2022, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was the United States ($4,008 per ton), while the average price for exports to the Philippines ($2,209 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Indonesia (CIF) - 2022
In 2022, the average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $2,699 per ton, remaining stable against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 25%. The import price peaked at $3,571 per ton in 2013; however, from 2014 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 Thailand ($6,534 per ton), while the price for China ($2,449 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Indonesia
In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa exported from Indonesia expanded remarkably to 46K tons, increasing by 9.3% compared with 2021. Overall, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa skyrocketed to $144M in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 17.4 | 18.5 | 20.5 | 24.6 | 12.2% |
| Malaysia | 8.3 | 7.6 | 8.9 | 17.5 | 28.2% |
| Philippines | 24.7 | 17.0 | 13.9 | 17.3 | -11.2% |
| United States | 14.0 | 12.8 | 17.9 | 14.6 | 1.4% |
| Vietnam | 13.8 | 14.2 | 11.2 | 14.0 | 0.5% |
| United Arab Emirates | 6.1 | 5.4 | 5.5 | 6.1 | 0.0% |
| South Korea | 3.5 | 2.8 | 4.0 | 4.5 | 8.7% |
| Taiwan (Chinese) | 3.1 | 3.1 | 3.7 | 3.8 | 7.0% |
| Saudi Arabia | 3.0 | 2.4 | 2.4 | 3.5 | 5.3% |
| Cambodia | 2.4 | 2.3 | 1.8 | 2.7 | 4.0% |
| Niger | 1.7 | 2.3 | 2.2 | 2.6 | 15.2% |
| Timor-Leste | 1.4 | 1.4 | 2.1 | 2.4 | 19.7% |
| China | 3.5 | 3.6 | 3.6 | 2.2 | -14.3% |
| Others | 27.4 | 24.6 | 26.8 | 28.1 | 0.8% |
| Total | 130 | 118 | 124 | 144 | 3.5% |
Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from Indonesia in 2022:
- Philippines (7.6K tons)
- Thailand (7.3K tons)
- Malaysia (5.0K tons)
- Vietnam (4.9K tons)
- United States (3.8K tons)
- United Arab Emirates (1.7K tons)
- South Korea (1.4K tons)
- Taiwan (Chinese) (1.3K tons)
- Saudi Arabia (1.1K tons)
- Niger (1.1K tons)
- Timor-Leste (1.0K tons)
- Cambodia (0.7K tons)
- China (0.6K tons)
Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Indonesia
In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa imported into Indonesia skyrocketed to 41K tons, increasing by 60% compared with the previous year. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa soared to $111M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.7 | 37.7 | 52.0 | 86.2 | 39.6% |
| Malaysia | 10.0 | 7.9 | 4.6 | 9.7 | -1.0% |
| Vietnam | 1.4 | 1.7 | 2.6 | 4.3 | 45.4% |
| Thailand | 3.4 | 3.1 | 1.4 | 1.6 | -22.2% |
| Others | 11.1 | 5.7 | 8.2 | 9.6 | -4.7% |
| Total | 57.6 | 56.1 | 68.9 | 111 | 24.4% |
Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to Indonesia in 2022:
- China (35.2K tons)
- Malaysia (2.9K tons)
- Vietnam (1.3K tons)
- Thailand (0.2K tons)
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