Report Update Nov 1, 2024

Indonesia - Chicory - Market Analysis, Forecast, Size, Trends and Insights

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Indonesia: Chicory Market 2024

Chicory Market Size in Indonesia

The Indonesian chicory market was estimated at $X in 2021, leveling off at the previous year. In general, consumption showed a significant increase. Chicory consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Chicory Production in Indonesia

In value terms, chicory production stood at $X in 2021 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.9% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 39%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Chicory Exports

Exports from Indonesia

In 2020, shipments abroad of chicory decreased by 0% to X kg for the first time since 2017, thus ending a two-year declining trend. In general, exports faced a sharp contraction. The smallest decline of 99.9% was in 2018. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

In value terms, chicory exports totaled $X in 2020. Over the period under review, exports showed a significant decline. The smallest decline of 99.9% was in 2018. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

South Korea (X kg) was the main destination for chicory exports from Indonesia, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to South Korea was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to South Korea was relatively modest.

Export Prices by Country

In 2020, the average chicory export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price continues to indicate a prominent increase. The growth pace was the most rapid in 2018 a decrease of 99.9%. The export price peaked in 2020 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2020, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.

Chicory Imports

Imports by Country

In 2019, the United States (X tons) was the main chicory supplier to Indonesia, with a approx. 100% share of total imports.

From 2019 to 2019, the average annual rate of growth in terms of volume from the United States was relatively modest.

In value terms, the United States ($X) constituted the largest supplier of chicory to Indonesia.

From 2019 to 2019, the average annual rate of growth in terms of value from the United States was relatively modest.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chicory in the world?

Belgium remains the largest chicory consuming country worldwide, accounting for 66% of total volume. Moreover, chicory consumption in Belgium exceeded the figures recorded by the second-largest consumer, the Netherlands, sixfold. France ranked third in terms of total consumption with an 8.4% share.

What are the largest producers of chicory in the world?

Belgium remains the largest chicory producing country worldwide, accounting for 67% of total volume. Moreover, chicory production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands, sixfold. The third position in this ranking was occupied by France, with an 8.5% share.

What are the leading suppliers of chicory to Indonesia?

In value terms, the United States constituted the largest supplier of chicory to Indonesia.

What is the average export price for chicory in Indonesia?

In 2020, the average chicory export price amounted to $7,596 per ton, approximately mirroring the previous year.

What is the average import price for chicory in Indonesia?

In 2019, the average chicory import price amounted to $1,256 per ton, flattening at the previous year.

This report provides an in-depth analysis of the chicory market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 459 - Chicory roots

Country coverage:

Indonesia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Indonesia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023