Indonesia: Wheat Bran Market 2024

Wheat Bran Market Size in Indonesia

The Indonesian wheat bran market dropped to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a pronounced curtailment. Wheat bran consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Wheat Bran Production in Indonesia

In value terms, wheat bran production shrank slightly to $X in 2022 estimated in export price. Overall, production showed a mild decrease. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Wheat Bran Exports

Exports from Indonesia

In 2022, approx. X tons of wheat bran were exported from Indonesia; jumping by X% compared with 2021. In general, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wheat bran exports surged to $X in 2022. Over the period under review, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for wheat bran exports from Indonesia, with a X% share of total exports. Moreover, wheat bran exports to China exceeded the volume sent to the second major destination, the Philippines (X tons), tenfold. South Korea (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and South Korea (X% per year).

In value terms, China ($X) remains the key foreign market for wheat bran exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and the Philippines (X% per year).

Export Prices by Country

In 2022, the average wheat bran export price amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain 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 ($X per ton), while the average price for exports to the United Arab Emirates ($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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wheat Bran Imports

Imports into Indonesia

In 2022, approx. X tons of wheat bran were imported into Indonesia; waning by X% against 2021 figures. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wheat bran imports dropped notably to $X in 2022. Over the period under review, imports saw a deep downturn. The growth pace was the most rapid in 2019 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) was the main wheat bran supplier to Indonesia, accounting for a X% share of total imports. It was followed by Poland (X tons), with a X% share of total imports. Singapore (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Singapore (X% per year).

In value terms, India ($X) constituted the largest supplier of wheat bran to Indonesia, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Singapore, with less than X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the average wheat bran import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat bran import price increased by X% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

Source: IndexBox Platform

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