Indonesia: Milled Rice Market 2020

Milled Rice Market Size in Indonesia

The revenue of the milled rice market in Indonesia amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, the total market indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Milled rice consumption peaked at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Milled Rice Production in Indonesia

In value terms, milled rice production totaled $X in 2018 estimated in export prices. Overall, milled rice production continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Milled rice production peaked at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.

Average yield of milled rice in Indonesia totaled X ton per ha in 2018, therefore, remained relatively stable against the previous year. In general, the milled rice yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when yield increased by X% y-o-y. Over the period under review, the average milled rice yield attained its peak figure level at X ton per ha in 2015; however, from 2016 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of milled rice were harvested in Indonesia; rising by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations over the period under review. The pace of growth appeared the most rapid in 2016 when harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to milled rice production reached its maximum in 2018 and is likely to see steady growth in the near future.

Milled Rice Exports

Exports from Indonesia

Milled rice exports from Indonesia totaled X tons in 2018, dropping by -X% against the previous year. Overall, milled rice exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, milled rice exports attained their maximum at X tons in 2017, and then declined slightly in the following year.

In value terms, milled rice exports stood at $X in 2018. In general, milled rice exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Mali (X tons), Bangladesh (X tons) and Egypt (X tons) were the main destinations of milled rice exports from Indonesia, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Bangladesh (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X) remains the key foreign market for milled rice exports from Indonesia, comprising X% of total milled rice exports. The second position in the ranking was occupied by Mali ($X), with a X% share of total exports. It was followed by Ethiopia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Bangladesh totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (+X% per year) and Ethiopia (+X% per year).

Export Prices by Country

The average milled rice export price stood at $X per ton in 2018, rising by X% against the previous year. In general, the milled rice export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. The export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Indonesia

Milled rice imports into Indonesia totaled X tons in 2018, going up by X% against the previous year. In general, milled rice imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, milled rice imports attained their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, milled rice imports totaled $X in 2018. In general, milled rice imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Over the period under review, milled rice imports reached their maximum in 2018 and are likely to continue its growth in the near future.

Imports by Country

Thailand (X tons), Vietnam (X tons) and India (X tons) were the main suppliers of milled rice imports to Indonesia, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by India, while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Vietnam ($X) and India ($X) constituted the largest milled rice suppliers to Indonesia, with a combined X% share of total imports.

India recorded the highest rates of growth with regard to market size, among the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average milled rice import price stood at $X per ton in 2018, stabilizing at the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.

Average prices varied somewhat amongst the major supplying countries. In 2018, the highest prices were recorded for prices from Thailand ($X per ton) and Vietnam ($X per ton), while the price for Pakistan ($X per ton) and India ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform