Report Update Nov 1, 2024

Indonesia - Lactose and Lactose Syrup - Market Analysis, Forecast, Size, Trends and Insights

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Indonesia: Lactose Market 2024

Lactose Market Size in Indonesia

In 2022, the Indonesian lactose market increased by 1.2% to $X, rising for the seventh consecutive year after two years of decline. Overall, consumption, however, enjoyed a strong expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Lactose Exports

Exports from Indonesia

After five years of growth, overseas shipments of lactose and lactose syrup decreased by -93.4% to X tons in 2022. Overall, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 50%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, lactose exports dropped sharply to $X in 2022. Over the period under review, exports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2013 when exports increased by 75%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Malaysia (X tons) was the main destination for lactose exports from Indonesia, accounting for a 69% share of total exports. Moreover, lactose exports to Malaysia exceeded the volume sent to the second major destination, Singapore (X tons), fourfold. Brazil (X tons) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia stood at +52.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-9.3% per year) and Brazil (-0.4% per year).

In value terms, Malaysia ($X) remains the key foreign market for lactose and lactose syrup exports from Indonesia, comprising 43% of total exports. The second position in the ranking was held by Singapore ($X), with a 21% share of total exports. It was followed by Brazil, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia amounted to +16.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-10.2% per year) and Brazil (-2.6% per year).

Export Prices by Country

The average lactose export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price, however, saw a deep downturn. The growth pace was the most rapid in 2013 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Malaysia ($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 China (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.

Lactose Imports

Imports into Indonesia

In 2022, purchases abroad of lactose and lactose syrup decreased by -1.7% to X tons for the first time since 2014, thus ending a seven-year rising trend. Overall, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 29%. Over the period under review, imports hit record highs at X tons in 2021, and then dropped modestly in the following year.

In value terms, lactose imports amounted to $X in 2022. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Denmark (X tons) and Germany (X tons) were the main suppliers of lactose imports to Indonesia, together comprising 69% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +307.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Denmark ($X) and Germany ($X) constituted the largest lactose suppliers to Indonesia, together accounting for 70% of total imports.

Denmark, with a CAGR of +287.4%, recorded the highest rates of growth with regard to 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 lactose import price stood at $X per ton in 2022, surging by 2.1% against the previous year. Over the period under review, the import price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), 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 lactose and lactose syrup in the world?

China constituted the country with the largest volume of lactose consumption, comprising approx. 24% of total volume. Moreover, lactose consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with an 8.5% share.

What are the largest producers of lactose and lactose syrup in the world?

The countries with the highest volumes of in 2021 were the United States, China and Germany, with a combined 57% share of global production. These countries were followed by India, Russia, the Netherlands, Turkey, France, the UK, Italy and Canada, which together accounted for a further 28%.

What are the leading suppliers of lactose and lactose syrup to Indonesia?

In value terms, the United States constituted the largest supplier of lactose to Indonesia, comprising 42% of total imports. The second position in the ranking was occupied by Denmark, with a 13% share of total imports. It was followed by Germany, with a 12% share.

What are the leading importers of lactose and lactose syrup from Indonesia?

In value terms, China remains the key foreign market for lactose exports from Indonesia, comprising 87% of total exports. The second position in the ranking was occupied by Thailand, with a 3.8% share of total exports. It was followed by South Korea, with a 1.9% share.

What is the average export price for lactose and lactose syrup in Indonesia?

The average lactose export price stood at $1,236 per ton in 2021, reducing by -12% against the previous year.

What is the average import price for lactose and lactose syrup in Indonesia?

In 2021, the average lactose import price amounted to $1,348 per ton, increasing by 12% against the previous year.

This report provides an in-depth analysis of the lactose 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:

Prodcom 10515400 - Lactose and lactose syrup (including chemically pure lactose)

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:

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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
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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