Indonesia: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Indonesia

The Indonesian orange juice (single strength) market contracted slightly to $X in 2022, waning by -4.3% against the previous year. Over the period under review, consumption continues to indicate a drastic downturn. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Orange Juice (Single Strength) in Indonesia

In value terms, orange juice (single strength) production dropped slightly to $X in 2022 estimated in export price. In general, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 28% against the previous year. Orange juice (single strength) production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Orange Juice (Single Strength)

Exports from Indonesia

In 2022, after two years of growth, there was significant decline in shipments abroad of orange juice (single strength), when their volume decreased by -5.8% to X tons. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 441% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, orange juice (single strength) exports contracted to $X in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 478% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for orange juice (single strength) exports from Indonesia, with a 83% share of total exports. Moreover, orange juice (single strength) exports to Singapore exceeded the volume sent to the second major destination, Papua New Guinea (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore stood at +50.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+32.8% per year) and the United Arab Emirates (+18.9% per year).

In value terms, Singapore ($X) remains the key foreign market for orange juice (single strength) exports from Indonesia, comprising 78% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 8.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore amounted to +52.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+28.7% per year) and Papua New Guinea (+36.4% per year).

Export Prices by Country

The average orange juice (single strength) export price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orange juice (single strength) export price decreased by -6.1% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 41% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Papua New Guinea ($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 the United Arab Emirates (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Orange Juice (Single Strength)

Imports into Indonesia

In 2022, the amount of orange juice (single strength) imported into Indonesia contracted to X tons, waning by -12.4% compared with 2021. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 286%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, orange juice (single strength) imports reduced to $X in 2022. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 309% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of orange juice (single strength) to Indonesia, accounting for a 49% share of total imports. Moreover, orange juice (single strength) imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates amounted to +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-3.8% per year) and the United States (-12.1% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of orange juice (single strength) to Indonesia, comprising 44% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports. It was followed by Austria, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.6% per year) and Austria (+1.5% per year).

Import Prices by Country

In 2022, the average orange juice (single strength) import price amounted to $X per ton, rising by 5% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orange juice (single strength) import price decreased by +0.4% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 21%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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