Indonesia: Bacon And Ham Market 2025

Bacon And Ham Market Size in Indonesia

In 2022, the Indonesian bacon and ham market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption enjoyed a strong expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Bacon And Ham Exports

Exports from Indonesia

In 2022, bacon and ham exports from Indonesia reduced dramatically to X tons, which is down by -36.7% compared with 2021. Overall, exports saw a pronounced slump. The pace of growth appeared the most rapid in 2017 when exports increased by 42% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, bacon and ham exports shrank rapidly to $X in 2022. In general, exports showed a mild descent. The pace of growth was the most pronounced in 2017 with an increase of 36% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for bacon and ham exports from Indonesia, with a 87% share of total exports. Moreover, bacon and ham exports to Hong Kong SAR exceeded the volume sent to the second major destination, Timor-Leste (X kg), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR amounted to -5.6%.

In value terms, Hong Kong SAR ($X) remains the key foreign market for bacon, ham and other dried, salted or smoked pig meat exports from Indonesia, comprising 99% of total exports. The second position in the ranking was held by Timor-Leste ($X), with a 0.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR stood at -1.1%.

Export Prices by Country

In 2022, the average bacon and ham export price amounted to $X per ton, increasing by 27% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of 58% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Timor-Leste totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Timor-Leste (+6.2%).

Bacon And Ham Imports

Imports into Indonesia

In 2022, supplies from abroad of bacon, ham and other dried, salted or smoked pig meat increased by 7.4% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a notable expansion. The growth pace was the most rapid in 2019 when imports increased by 64% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, bacon and ham imports soared to $X in 2022. Over the period under review, imports saw moderate growth. The pace of growth appeared the most rapid in 2019 when imports increased by 108% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), Australia (X tons) and Italy (X tons) were the main suppliers of bacon and ham imports to Indonesia, with a combined 70% share of total imports. Singapore, Spain, Germany, France and the Netherlands lagged somewhat behind, together comprising a further 7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +54.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bacon and ham suppliers to Indonesia were Australia ($X), Italy ($X) and the United States ($X), with a combined 68% share of total imports. Spain, Singapore, Germany, France and the Netherlands lagged somewhat behind, together comprising a further 5%.

In terms of the main suppliers, Spain, with a CAGR of +32.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bacon and ham import price amounted to $X per ton, with an increase of 20% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 27% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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