What is the price of cotton per kilogram/pound in Indonesia today?
The retail price range for Indonesia cotton is between US$ 0.87 and US$ 1.16 per kilogram or between US$ 0.40 and US$ 0.53 per pound(lb). Click here to see today's exact prices of cotton in Indonesia
The retail price range in Rupiah for cotton is between IDR 14,559.00 and IDR 19,412.00 per kilogram or between IDR 6,602.72 and IDR 8,803.63 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia cotton is between US$ 0.61 and US$ 0.82 per kilogram or between US$ 0.28 and US$ 0.37 per pound(lb).
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Indonesia Cotton Export Prices - Historical, Trends and Prediction
The export price of Cotton from Indonesia over the last five years has seen a steady decline. In 2012, the price per kilogram was 1.85 US dollars, dropping to 1.57 US dollars in 2013. This trend continued until 2015, when the price reached its lowest point of 1.21 US dollars. Since then, the price has seen a slight increase, reaching 1.43 US dollars in 2017 and 2021. The most recent data shows the price at 1.27 US dollars in 2020. Based on this trend, it is predicted that the export price of Cotton from Indonesia will be 1.43 US dollars in 2023 and 1.85 US dollars in 2024.The exports of cotton from Indonesia are classified as:
- Garnetted stock of cotton (HS code 520291)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton linters (HS code 140420)
- Cotton, carded or combed (HS code 520300)
Indonesia Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cotton into Indonesia over the last five years has seen a steady decline. In 2012, the price was $1.85, dropping to $1.57 in 2013 and then to $1.25 in 2014. This downward trend continued in 2015 and 2016, with the price settling at $1.21. In 2017, the price rose slightly to $1.43, before dropping again to the same level in 2018. 2019 saw a further decrease to $1.29, and 2020 saw a slight decrease to $1.27. 2021 saw a slight increase to $1.43, and the price remained at this level in 2022. Based on the data, it is likely that the price of Cotton imported into Indonesia will remain at $1.43 in 2023 and 2024.Export values for Indonesia cotton
The total values in export for cotton in Indonesia were US$ 48,834, US$ 47,791, US$ 35,490 and US$ 45,894 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Indonesia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cotton in other countries across Asia: Kazakhstan cotton, Kyrgyzstan cotton, Tajikistan cotton, Turkmenistan cotton, Uzbekistan cotton, China cotton, Hong Kong cotton, Macao cotton, North Korea cotton & Mongolia cotton.
Indonesia cotton - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia exported 35,535 tonnes of cotton. For 2019 alone, the market for Indonesia cotton (processed category) has escalated, with a change of 42.958 percent compared to the year 2018. Between 2017 and 2019, cotton's exports grew by 6.13% bringing Indonesia US$45.89m for the year 2019. Indonesia's cotton exports are classified as:
- Cotton linters (HS code 140420)
- Garnetted stock of cotton (HS code 520291)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton, carded or combed (HS code 520300)
- Cotton yarn waste, incl. thread waste (HS code 520210)
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Indonesia cotton export values
In 2019, Indonesia shipped cotton valued at 45.89m USD, a surge of 29.30% from 2018's total cotton export of 35.49m USD. The yearly change in value of Indonesia cotton between 2017 to 2018 was -25.739 pc.
The yearly variation in the volume of Indonesia's cotton exports between 2017 and 2019 was 6.13 pc when compared to a variation of 42.958% in the growth rate between 2018 and 2019.
Indonesia's share of the world's total cotton's exports in 2019 was less than 1%. The country holds number 15 in world exports of cotton.
Export markets for Indonesia cotton ( in '000$ )
Indonesia's best performing destinations for cotton are South Korea, Brazil, Argentina, Vietnam and Malaysia.
Import/Export Trends
Indonesia is a net exporter of cotton. The annual growth of Indonesia cotton in value between 2015 to 2019 was 178%, per year, while annual growth in quantity for the same period was %, per annum.
Indonesia procured 625,553 tonnes of cotton in 2019.