Report Update Nov 1, 2024

Indonesia - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights

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Indonesia: Tomato Juice Market 2024

Tomato Juice Market Size in Indonesia

The Indonesian tomato juice market dropped slightly to $X in 2022, with a decrease of -4.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a deep contraction. Tomato juice consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Tomato Juice Exports

Exports from Indonesia

After three years of growth, shipments abroad of tomato juice decreased by -0.7% to X kg in 2022. Overall, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 90%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, tomato juice exports shrank modestly to $X in 2022. Over the period under review, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2016 when exports increased by 48%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X kg) was the main destination for tomato juice exports from Indonesia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Singapore totaled +18.4%.

In value terms, Singapore ($X) also remains the key foreign market for tomato juice exports from Indonesia.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore amounted to +14.4%.

Export Prices by Country

In 2022, the average tomato juice export price amounted to $X per ton, waning by -4.2% against the previous year. Overall, the export price recorded a slight setback. The growth pace was the most rapid in 2015 when the average export price increased by 18%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -3.4% per year.

Tomato Juice Imports

Imports into Indonesia

In 2022, overseas purchases of tomato juice increased by 11% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a drastic downturn. The growth pace was the most rapid in 2017 when imports increased by 118%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, tomato juice imports dropped to $X in 2022. Overall, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 when imports increased by 132%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Austria (X tons) constituted the largest supplier of tomato juice to Indonesia, accounting for a 24% share of total imports. Moreover, tomato juice imports from Austria exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Malaysia (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume from Austria stood at -12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-8.7% per year) and Malaysia (-36.6% per year).

In value terms, Austria ($X) constituted the largest supplier of tomato juice to Indonesia, comprising 22% of total imports. The second position in the ranking was held by Japan ($X), with a 9.6% share of total imports. It was followed by Spain, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from Austria stood at -9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-3.2% per year) and Spain (+6.9% per year).

Import Prices by Country

The average tomato juice import price stood at $X per ton in 2022, falling by -20.1% against the previous year. In general, the import price, however, showed strong growth. The growth pace was 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 hit record highs at $X per ton in 2021, and then dropped remarkably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+34.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tomato juice in the world?

The countries with the highest volumes of tomato juice consumption in 2021 were Russia, India and Japan, with a combined 53% share of global consumption.

What are the largest producers of tomato juice in the world?

The countries with the highest volumes of tomato juice production in 2021 were Russia, India and Japan, with a combined 52% share of global production. These countries were followed by Canada, Spain, France, the UK, Italy, Afghanistan, China, Turkey and Kenya, which together accounted for a further 32%.

What are the leading suppliers of tomato juice to Indonesia?

In value terms, Austria constituted the largest supplier of tomato juice to Indonesia, comprising 49% of total imports. The second position in the ranking was occupied by Japan, with a 13% share of total imports. It was followed by South Korea, with a 9.8% share.

What are the leading importers of tomato juice from Indonesia?

In value terms, Singapore $685) remains the key foreign market for tomato juice exports from Indonesia.

What is the average export price for tomato juice in Indonesia?

The average tomato juice export price stood at $999 per ton in 2021, remaining stable against the previous year.

What is the average import price for tomato juice in Indonesia?

In 2021, the average tomato juice import price amounted to $1,150 per ton, increasing by 4.4% against the previous year.

This report provides an in-depth analysis of the tomato juice market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 390 - Juice of Tomatoes

Country coverage:

Indonesia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Indonesia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023