Indonesia: Fungicide And Bactericide Market 2025

Fungicide And Bactericide Market Size in Indonesia

The Indonesian fungicide and bactericide market soared to $X in 2021, jumping by 30% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted buoyant growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Fungicide And Bactericide Exports

Exports from Indonesia

Fungicide and bactericide exports from Indonesia reduced to X tons in 2021, waning by -5.1% compared with 2020. Over the period under review, exports, however, continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2016 with an increase of 61% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, fungicide and bactericide exports skyrocketed to $X in 2021. In general, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2016 with an increase of 43%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The Philippines (X tons) was the main destination for fungicide and bactericide exports from Indonesia, with a 25% share of total exports. Moreover, fungicide and bactericide exports to the Philippines exceeded the volume sent to the second major destination, Thailand (X tons), twofold. The third position in this ranking was held by Vietnam (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Philippines amounted to +22.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-4.4% per year) and Vietnam (+4.7% per year).

In value terms, the Philippines ($X), Thailand ($X) and China ($X) were the largest markets for fungicide and bactericide exported from Indonesia worldwide, together comprising 56% of total exports. Malaysia, Vietnam, Italy, Pakistan, Singapore, Australia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 32%.

In terms of the main countries of destination, Italy, with a CAGR of +31.7%, saw the highest rates of growth with regard to the value of exports, 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 fungicide and bactericide export price amounted to $X per ton, jumping by 29% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.9%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Australia ($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 Singapore (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Fungicide And Bactericide Imports

Imports into Indonesia

Fungicide and bactericide imports into Indonesia skyrocketed to X tons in 2021, with an increase of 19% against 2020 figures. Over the period under review, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 40%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, fungicide and bactericide imports soared to $X in 2021. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 52%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), India (X tons) and Spain (X tons) were the main suppliers of fungicide and bactericide imports to Indonesia, with a combined 57% share of total imports. These countries were followed by Malaysia, Singapore, Brazil, South Korea, Germany, Belgium and Colombia, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +90.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and India ($X) appeared to be the largest fungicide and bactericide suppliers to Indonesia, with a combined 48% share of total imports. These countries were followed by Spain, Singapore, Germany, Malaysia, Brazil, Belgium and Colombia, which together accounted for a further 24%.

Brazil, with a CAGR of +89.6%, recorded the highest growth rate of 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

The average fungicide and bactericide import price stood at $X per ton in 2021, rising by 6.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 14% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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