Indonesia: Preserved Olive Market 2025

Preserved Olive Market Size in Indonesia

After two years of decline, the Indonesian preserved olive market increased by 63% to $X in 2021. Over the period under review, consumption saw a buoyant increase. Preserved olive consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Preserved Olive Exports

Exports from Indonesia

In 2021, the amount of olives prepared or preserved exported from Indonesia dropped remarkably to X kg, falling by -61.3% on the previous year. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2015 with an increase of 98%. The exports peaked at X kg in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, preserved olive exports declined to $X in 2021. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of 56% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Maldives (X kg) was the main destination for preserved olive exports from Indonesia, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Maldives was relatively modest.

In value terms, Maldives ($X) emerged as the key foreign market for olives prepared or preserved exports from Indonesia.

From 2012 to 2021, the average annual growth rate of value to Maldives was relatively modest.

Export Prices by Country

The average preserved olive export price stood at $X per ton in 2021, increasing by 133% against the previous year. Over the period under review, the export price, however, recorded a perceptible curtailment. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to 0.0% per year.

Preserved Olive Imports

Imports into Indonesia

In 2021, after two years of decline, there was significant growth in supplies from abroad of olives prepared or preserved, when their volume increased by 70% to X tons. Overall, imports saw a significant increase. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, preserved olive imports skyrocketed to $X in 2021. Over the period under review, imports saw a strong increase. The pace of growth was the most pronounced in 2016 when imports increased by 95% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) constituted the largest preserved olive supplier to Indonesia, with a 27% share of total imports. Moreover, preserved olive imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+13.3% per year) and the United States (+3.7% per year).

In value terms, Spain ($X) constituted the largest supplier of olives prepared or preserved to Indonesia, comprising 31% of total imports. The second position in the ranking was taken by Italy ($X), with a 12% share of total imports. It was followed by the United States, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+16.5% per year) and the United States (+2.2% per year).

Import Prices by Country

The average preserved olive import price stood at $X per ton in 2021, dropping by -6.7% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 42%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, 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 China ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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