Indonesia: Sausage Market 2024

Sausage Market Size in Indonesia

In 2021, after four years of growth, there was significant decline in the Indonesian sausage market, when its value decreased by -20.4% to $X. Overall, consumption, however, showed a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2020, and then reduced dramatically in the following year.

Sausage Production in Indonesia

In value terms, sausage production fell sharply to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 41%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Sausage Exports

Exports from Indonesia

In 2021, the amount of sausages and similar products of meat exported from Indonesia surged to X tons, picking up by 43% compared with the year before. Overall, exports continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 89% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, sausage exports fell sharply to $X in 2021. In general, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 230% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Timor-Leste (X tons) was the main destination for sausage exports from Indonesia, with a 60% share of total exports. Moreover, sausage exports to Timor-Leste exceeded the volume sent to the second major destination, Papua New Guinea (X tons), threefold. Saudi Arabia (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Timor-Leste totaled +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+288.8% per year) and Saudi Arabia (+34.9% per year).

In value terms, Saudi Arabia ($X), Timor-Leste ($X) and Papua New Guinea ($X) constituted the largest markets for sausage exported from Indonesia worldwide, with a combined 90% share of total exports.

In terms of the main countries of destination, Papua New Guinea, with a CAGR of +255.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average sausage export price amounted to $X per ton, dropping by -44.4% against the previous year. In general, the export price, however, showed a resilient increase. The growth pace was the most rapid in 2018 an increase of 96%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Timor-Leste ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+19.1%), while the prices for the other major destinations experienced a decline.

Sausage Imports

Imports into Indonesia

In 2021, the amount of sausages and similar products of meat imported into Indonesia dropped rapidly to X tons, shrinking by -47.6% on 2020. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2013 when imports increased by 1,004% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, sausage imports declined dramatically to $X in 2021. In general, imports recorded a drastic downturn. The growth pace was the most rapid in 2013 when imports increased by 1,380%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) was the main sausage supplier to Indonesia, accounting for a 99% share of total imports. It was followed by Singapore (X kg), with a 0.4% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-63.3% per year) and Malaysia (-70.8% per year).

In value terms, the United States ($X) constituted the largest supplier of sausages and similar products of meat to Indonesia, comprising 99% of total imports. The second position in the ranking was held by Singapore ($X), with a 0.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-58.4% per year) and Malaysia (-70.7% per year).

Import Prices by Country

The average sausage import price stood at $X per ton in 2021, jumping by 19% against the previous year. Over the period under review, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 86% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Malaysia ($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 (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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