Indonesia: Potato Market 2024

Potato Market Size in Indonesia

The Indonesian potato market amounted to $X in 2021, growing by 4.2% against the previous year. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.3% against 2019 indices. Potato consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Potato Production in Indonesia

In value terms, potato production rose to $X in 2021 estimated in export price. Overall, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.4% against 2019 indices. The growth pace was the most rapid in 2013 when the production volume increased by 42%. Potato production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

In 2021, the average yield of potatoes in Indonesia contracted modestly to X tons per ha, remaining stable against the previous year's figure. The yield figure increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the yield increased by 21% against the previous year. The potato yield peaked at X tons per ha in 2020, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The potato harvested area in Indonesia expanded to X ha in 2021, growing by 2% on 2020. Over the period under review, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 14%. Over the period under review, the harvested area dedicated to potato production reached the peak figure at X ha in 2014; however, from 2015 to 2021, the harvested area failed to regain momentum.

Potato Exports

Exports from Indonesia

Potato exports from Indonesia fell markedly to X tons in 2021, with a decrease of -28.3% against 2020 figures. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 34%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, potato exports declined markedly to $X in 2021. The total export value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when exports increased by 46% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X tons) was the main destination for potato exports from Indonesia, accounting for a 78% share of total exports. Moreover, potato exports to Singapore exceeded the volume sent to the second major destination, Malaysia (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Singapore stood at -2.3%.

In value terms, Singapore ($X) remains the key foreign market for potato exports from Indonesia, comprising 83% of total exports. The second position in the ranking was held by Malaysia ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore amounted to +1.2%.

Export Prices by Country

In 2021, the average potato export price amounted to $X per ton, with an increase of 6.7% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, potato export price increased by +46.4% against 2015 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to Malaysia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+12.6%).

Potato Imports

Imports into Indonesia

In 2021, approx. X tons of potatoes were imported into Indonesia; rising by 29% against 2020. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 57% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, potato imports surged to $X in 2021. In general, imports, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2017 with an increase of 55%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

India (X tons), Germany (X tons) and Egypt (X tons) were the main suppliers of potato imports to Indonesia, together comprising 71% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +64.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Germany ($X) and Egypt ($X) appeared to be the largest potato suppliers to Indonesia, together accounting for 61% of total imports.

In terms of the main suppliers, India, with a CAGR of +56.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average potato import price stood at $X per ton in 2021, rising by 3.7% against the previous year. Over the period under review, the import price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2018 an increase of 12%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :