Report Update Nov 1, 2024

Indonesia - Crude Rape, Colza or Mustard Oil - Market Analysis, Forecast, Size, Trends and Insights

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Indonesia: Crude Rapeseed Oil Market 2024

Crude Rapeseed Oil Market Size in Indonesia

The Indonesian crude rapeseed oil market stood at $X in 2022, surging by 4% against the previous year. Overall, consumption posted slight growth. Crude rapeseed oil consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Crude Rapeseed Oil Production in Indonesia

In value terms, crude rapeseed oil production amounted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 10%. Crude rapeseed oil production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Crude Rapeseed Oil Exports

Exports from Indonesia

In 2022, overseas shipments of crude rape, colza or mustard oil increased by less than 0.1% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2017 when exports increased by 236%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, crude rapeseed oil exports stood at $X in 2022. Over the period under review, exports, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 278% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Switzerland (X tons) was the main destination for crude rapeseed oil exports from Indonesia, accounting for a 80% share of total exports. Moreover, crude rapeseed oil exports to Switzerland exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland amounted to +39.7%.

In value terms, Switzerland ($X) remains the key foreign market for crude rape, colza or mustard oil exports from Indonesia, comprising 80% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Switzerland amounted to +36.7%.

Export Prices by Country

In 2022, the average crude rapeseed oil export price amounted to $X per ton, remaining stable against the previous year. In general, the export price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 12% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Saudi Arabia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+1.8%), while the prices for the other major destinations experienced a decline.

Crude Rapeseed Oil Imports

Imports into Indonesia

After four years of decline, supplies from abroad of crude rape, colza or mustard oil increased by 4,539% to X tons in 2022. In general, imports, however, recorded a abrupt descent. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, crude rapeseed oil imports surged to $X in 2022. Overall, imports, however, showed a abrupt downturn. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X tons), Canada (X tons) and Australia (X tons) were the main suppliers of crude rapeseed oil imports to Indonesia, with a combined 96% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +3.7%), while purchases for the other leaders experienced a decline.

In value terms, Singapore ($X) constituted the largest supplier of crude rape, colza or mustard oil to Indonesia, comprising 72% of total imports. The second position in the ranking was held by Canada ($X), with an 18% share of total imports. It was followed by Australia, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Singapore amounted to -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+1.6% per year) and Australia (-24.0% per year).

Import Prices by Country

The average crude rapeseed oil import price stood at $X per ton in 2022, falling by -38.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 28% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Canada ($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 (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude rape, colza or mustard oil in the world?

The countries with the highest volumes of in 2021 were China, Canada and Germany, with a combined 43% share of global consumption. India, Poland, France, the United States, Japan, Belgium, the UK, Mexico, Pakistan and the Czech Republic lagged somewhat behind, together comprising a further 42%.

What are the largest producers of crude rape, colza or mustard oil in the world?

The countries with the highest volumes of in 2021 were Canada, Germany and China, with a combined 43% share of global production. India, France, Poland, Japan, the United States, the UK, Belgium, Russia, Mexico and the Czech Republic lagged somewhat behind, together accounting for a further 42%.

What are the leading suppliers of crude rape, colza or mustard oil to Indonesia?

In value terms, Singapore constituted the largest supplier of crude rapeseed oil to Indonesia, comprising 78% of total imports. The second position in the ranking was occupied by Canada, with a 16% share of total imports.

What are the leading importers of crude rape, colza or mustard oil from Indonesia?

In value terms, Switzerland remains the key foreign market for crude rapeseed oil exports from Indonesia, comprising 77% of total exports. The second position in the ranking was occupied by Saudi Arabia, with a 23% share of total exports.

What is the average export price for crude rape, colza or mustard oil in Indonesia?

In 2021, the average crude rapeseed oil export price amounted to $876 per ton, approximately equating the previous year.

What is the average import price for crude rape, colza or mustard oil in Indonesia?

The average crude rapeseed oil import price stood at $2,947 per ton in 2021, which is down by -5.8% against the previous year.

This report provides an in-depth analysis of the crude rapeseed oil 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 271 - Oil of Rapeseed or Canola oil

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
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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
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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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023