Indonesia: Canary Seed Market 2025

Canary Seed Market Size in Indonesia

In 2022, the Indonesian canary seed market increased by 77% to $X, rising for the second consecutive year after two years of decline. Overall, consumption enjoyed resilient growth. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Canary Seed Exports

Exports from Indonesia

In 2022, canary seed exports from Indonesia dropped dramatically to X tons, waning by -27.8% compared with 2021 figures. Overall, exports saw a deep contraction. The pace of growth appeared the most rapid in 2013 when exports increased by 257%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, canary seed exports plummeted to $X in 2022. Over the period under review, exports faced a dramatic setback. The growth pace was the most rapid in 2013 with an increase of 259%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for canary seed exports from Indonesia, with a 95% share of total exports. Moreover, canary seed exports to Singapore exceeded the volume sent to the second major destination, Hong Kong SAR (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Singapore amounted to -16.0%.

In value terms, Singapore ($X) remains the key foreign market for canary seed exports from Indonesia, comprising 98% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 1.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Singapore totaled -25.0%.

Export Prices by Country

In 2022, the average canary seed export price amounted to $X per ton, dropping by -2.3% against the previous year. Overall, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 13% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+42.9%), while the prices for the other major destinations experienced a decline.

Canary Seed Imports

Imports into Indonesia

In 2022, purchases abroad of canary seed increased by 22% to X tons, rising for the second year in a row after two years of decline. In general, imports posted a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by 100% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, canary seed imports surged to $X in 2022. Over the period under review, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 120%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Canada (X tons) was the main supplier of canary seed to Indonesia, accounting for a 96% share of total imports. It was followed by the United States (X tons), with a 1.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Canada totaled +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-14.3% per year) and Ukraine (-22.9% per year).

In value terms, Canada ($X) constituted the largest supplier of canary seed to Indonesia, comprising 96% of total imports. The second position in the ranking was taken by the United States ($X), with a 1.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Canada stood at +19.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.1% per year) and Ukraine (-1.7% per year).

Import Prices by Country

In 2022, the average canary seed import price amounted to $X per ton, with an increase of 70% against the previous year. In general, the import price recorded resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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