Indonesia: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in Indonesia

The Indonesian breakfast cereal market shrank modestly to $X in 2021, reducing by -X% against the previous year. Over the period under review, consumption posted a prominent increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Breakfast Cereal Production in Indonesia

In value terms, breakfast cereal production dropped modestly to $X in 2021 estimated in export price. In general, production enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Breakfast Cereal Exports

Exports from Indonesia

Breakfast cereal exports from Indonesia surged to X tons in 2021, jumping by X% against 2020. Over the period under review, exports, however, recorded a deep contraction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, breakfast cereal exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Philippines (X tons) was the main destination for breakfast cereal exports from Indonesia, with a X% share of total exports. Moreover, breakfast cereal exports to the Philippines exceeded the volume sent to the second major destination, Malaysia (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual growth rate of volume to the Philippines stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and the Netherlands (+X% per year).

In value terms, Australia ($X), the Philippines ($X) and the Netherlands ($X) were the largest markets for breakfast cereal exported from Indonesia worldwide, with a combined X% share of total exports. These countries were followed by Malaysia, the United States, Taiwan (Chinese), Singapore, China, Hong Kong SAR, Thailand and Timor-Leste, which together accounted for a further X (Chinese), with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average breakfast cereal export price amounted to $X per ton, rising by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($X per ton), while the average price for exports to Timor-Leste ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Breakfast Cereal Imports

Imports into Indonesia

In 2021, overseas purchases of breakfast cereals were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, breakfast cereal imports soared to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest supplier of breakfast cereal to Indonesia, accounting for a X% share of total imports. Moreover, breakfast cereal imports from Malaysia exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fivefold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and China (-X% per year).

In value terms, the largest breakfast cereal suppliers to Indonesia were Malaysia ($X), Thailand ($X) and China ($X), together accounting for X% of total imports. These countries were followed by the United States, South Korea, Poland, the Philippines, Singapore, Australia and Vietnam, which together accounted for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average breakfast cereal import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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