Indonesia: Vegetable Market 2024

Vegetable Market Size in Indonesia

In 2022, after two years of growth, there was decline in the Indonesian vegetable market, when its value decreased by X% to $X. Over the period under review, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2018 indices. Vegetable consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Vegetable Production in Indonesia

In value terms, vegetable production shrank to $X in 2022 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Vegetable production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

In 2022, the average vegetable yield in Indonesia dropped slightly to X tons per ha, therefore, remained relatively stable against 2021. In general, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The vegetable yield peaked at X tons per ha in 2021, and then reduced modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The vegetable harvested area in Indonesia fell to X ha in 2022, therefore, remained relatively stable against the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2017 when the harvested area increased by X%. The vegetable harvested area peaked at X ha in 2021, and then declined slightly in the following year.

Vegetable Exports

Exports from Indonesia

In 2022, the amount of vegetables exported from Indonesia was estimated at X tons, increasing by X% compared with the previous year. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, vegetable exports reduced to $X in 2022. In general, exports, however, continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Taiwan (Chinese) (X tons), Singapore (X tons) and Malaysia (X tons) were the main destinations of vegetable exports from Indonesia, together comprising X% of total exports. Thailand and Japan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Singapore ($X), Taiwan (Chinese) ($X) and Thailand ($X) were the largest markets for vegetable exported from Indonesia worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average vegetable export price amounted to $X per ton, waning by X% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then shrank sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Imports

Imports into Indonesia

In 2022, purchases abroad of vegetables increased by X% to X tons, rising for the third consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, vegetable imports fell to $X in 2022. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then reduced modestly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of vegetable to Indonesia, accounting for a X% share of total imports. Moreover, vegetable imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the Netherlands (X% per year).

In value terms, China ($X) constituted the largest supplier of vegetables to Indonesia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and New Zealand (X% per year).

Import Prices by Country

The average vegetable import price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vegetable import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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