Indonesia: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Indonesia

The Indonesian pasta and couscous market rose rapidly to $X in 2022, growing by 6.7% against the previous year. Overall, consumption posted buoyant growth. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Pasta And Couscous Production in Indonesia

In value terms, pasta and couscous production rose modestly to $X in 2022 estimated in export price. In general, production recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 19%. Over the period under review, production attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Pasta And Couscous Exports

Exports from Indonesia

Pasta and couscous exports from Indonesia dropped to X tons in 2022, falling by -5.3% compared with the previous year's figure. In general, total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 23% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, pasta and couscous exports expanded notably to $X in 2022. Overall, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -0.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for pasta and couscous exports from Indonesia, accounting for a 31% share of total exports. Moreover, pasta and couscous exports to Malaysia exceeded the volume sent to the second major destination, Australia (X tons), fourfold. China (X tons) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+4.0% per year) and China (+40.2% per year).

In value terms, Malaysia ($X) remains the key foreign market for stuffed pasta and couscous exports from Indonesia, comprising 24% of total exports. The second position in the ranking was held by Australia ($X), with an 11% share of total exports. It was followed by China, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value to Malaysia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+6.1% per year) and China (+50.0% per year).

Export Prices by Country

The average pasta and couscous export price stood at $X per ton in 2022, with an increase of 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Papua New Guinea ($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 China (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta And Couscous Imports

Imports into Indonesia

Pasta and couscous imports into Indonesia skyrocketed to X tons in 2022, jumping by 26% compared with 2021 figures. Over the period under review, imports posted buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of 86%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, pasta and couscous imports soared to $X in 2022. Overall, imports showed prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 86% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of pasta and couscous to Indonesia, accounting for a 61% share of total imports. Moreover, pasta and couscous imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. Japan (X tons) ranked third in terms of total imports with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+19.4% per year) and Japan (+29.3% per year).

In value terms, China ($X), South Korea ($X) and Japan ($X) appeared to be the largest pasta and couscous suppliers to Indonesia, with a combined 90% share of total imports.

In terms of the main suppliers, Japan, with a CAGR of +25.9%, recorded 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 pasta and couscous import price stood at $X per ton in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2016 an increase of 26% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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