What is the price of cardamom per kilogram/pound in Indonesia today?
The retail price range for Indonesia cardamom is between US$ 9.73 and US$ 12.17 per kilogram or between US$ 4.41 and US$ 5.52 per pound(lb). Click here to see today's exact prices of cardamom in Indonesia
The retail price range in Rupiah for cardamom is between IDR 162,216.67 and IDR 202,770.83 per kilogram or between IDR 73,567.65 and IDR 91,959.56 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia cardamom is between US$ 6.81 and US$ 8.52 per kilogram or between US$ 3.09 and US$ 3.86 per pound(lb).
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Indonesia Cardamom Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cardamom from Indonesia over the last five years has seen a significant increase. In 2016, the price was 1.51 US$ per kg, and in 2020, it had risen to 10.53 US$ per kg. This is an increase of 590.2%. In 2021, the price dropped to 7.34 US$ per kg, and in 2022, it further decreased to 4.16 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Cardamom from Indonesia in 2023 will be 2.45 US$ per kg and in 2024 will be 1.45 US$ per kg.Indonesia Cardamom Import Prices - Historical, Trends and Prediction
The import price of cardamom into Indonesia has seen a significant increase over the past five years. In 2017, the price per kilogram was $1.53, and in 2020, it had risen to $10.53. This is an increase of 587.3%. The price has since dropped to $7.34 in 2021, but this is still a significant increase from the 2017 price. Looking ahead, we can predict that the price of cardamom in Indonesia will remain relatively high in the next two years. We predict that the price in 2023 will be around $5.50 and in 2024 it will be around $4.00.Export values for Indonesia cardamom
The total values in export for cardamom in Indonesia were US$ 6,203, US$ 11,009, US$ 16,483 and US$ 21,212 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Indonesia: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Anise & Coriander seeds.
See prices of cardamom in other countries across Asia: Kazakhstan cardamom, Kyrgyzstan cardamom, Tajikistan cardamom, Turkmenistan cardamom, Uzbekistan cardamom, China cardamom, Hong Kong cardamom, Macao cardamom, North Korea cardamom & Mongolia cardamom.
Indonesia cardamom - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 5,669 tonnes of cardamom. In 2019 alone, the interest in Indonesia cardamom (herbs and spices category) has shrunk, recording a change of -27.719 percent compared to the year 2018. Between 2017 and 2019, cardamom's exports decreased by -21.06 pc earning the nation US$21.21m for the year 2019. Indonesia's cardamom exports are categorised as:
- Cardamons (HS code 0908Xc)
- Cardamoms, crushed or ground (HS code 090832)
- Cardamoms, neither crushed nor ground (HS code 090831)
- Cardamoms (HS code 090830)
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Indonesia cardamom export values
In 2019, Indonesia supplied cardamom valued at 21.21m USD, an increase of 28.68% from 2018's total cardamom export of 16.483m USD. The annual change in value of Indonesia cardamom between 2017 to 2018 was 49.723%.
The annual change in the volume of Indonesia's cardamom exports between 2017 and 2019 was -21.06 pc compared to a variation of -27.719% in the period between 2018 and 2019.
Export markets for Indonesia cardamom ( in '000$ )
Indonesia ordered 45 tonnes of cardamom in 2019.