Price for Vegetables; Seed Potatoes, Fresh or Chilled in Indonesia - 2022

Contents:

  1. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Indonesia (CIF) - 2022
  2. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Indonesia (FOB) - 2022
  3. Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Indonesia
  4. Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Indonesia

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Indonesia (CIF) - 2022

In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $897 per ton, surging by 6.1% against the previous year. Overall, the import price, however, recorded a perceptible decline. The growth pace was the most rapid in 2021 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $1,156 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($906 per ton), while the price for Australia totaled $871 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Indonesia (FOB) - 2022

In 2022, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $3,906 per ton, picking up by 225% against the previous year. Overall, the export price continues to indicate buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($4,593 per ton), while the average price for exports to Timor-Leste amounted to $200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Indonesia

In 2022, supplies from abroad of vegetables; seed potatoes, fresh or chilleds decreased by -27.2% to 3.2K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports attained the peak of 4.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vegetables; seed potatoes, fresh or chilleds reduced rapidly to $2.8M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 26% against the previous year.

Import of Vegetables; Seed Potatoes, Fresh or Chilled in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.52.22.42.111.9%
Australia0.90.81.00.8-3.9%
Canada0.30.20.3N/A0.0%
OthersN/A0.1N/AN/A0%
Total2.63.33.72.82.5%

Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Indonesia in 2022:

  1. United Kingdom (2.3K tons)
  2. Australia (0.9K tons)

Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Indonesia

In 2022, approx. 32 kg of vegetables; seed potatoes, fresh or chilleds were exported from Indonesia; with a decrease of -89.8% compared with the previous year. Overall, exports continue to indicate a sharp setback. The smallest decline of -51.5% was in 2021.

In value terms, exports of vegetables; seed potatoes, fresh or chilleds dropped markedly to $125 in 2022. In general, exports saw a dramatic downturn. The smallest decline of -20% was in 2021.

Export of Vegetables; Seed Potatoes, Fresh or Chilled in Indonesia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1,840277232124-59.3%
Timor-Leste15589.079.01.0-81.4%
Papua New GuineaN/A23.0N/AN/A0%
Brunei Darussalam32581.065.0N/A-55.3%
OthersN/AN/AN/AN/A0%
Total2,320470376125-62.2%

Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Indonesia in 2022:

  1. Singapore (27.0 kg)
  2. Timor-Leste (5.0 kg)

Source: IndexBox Market Intelligence Platform

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