What is the price of malt extract per kilogram/pound in Indonesia today?
The retail price range for Indonesia malt extract is between US$ 3.44 and US$ 8.06 per kilogram or between US$ 1.56 and US$ 3.66 per pound(lb). Click here to see today's exact prices of malt extract in Indonesia
The retail price range in Rupiah for malt extract is between IDR 57,347.50 and IDR 134,357.00 per kilogram or between IDR 26,007.94 and IDR 60,932.88 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia malt extract is between US$ 2.41 and US$ 5.64 per kilogram or between US$ 1.09 and US$ 2.56 per pound(lb).
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Indonesia Malt Extract Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt Extract from Indonesia has seen a steady increase over the last five years. In 2017, the price was 2.40 US dollars per kilogram, and in 2021, it had risen to 2.75 US dollars per kilogram. This represents an increase of 14.4%. The highest price was in 2020, when it was 2.62 US dollars per kilogram. Based on this trend, it is predicted that the export price per kilogram of Malt Extract from Indonesia will be 2.88 US dollars in 2023 and 3.02 US dollars in 2024.The malt extract exports from Indonesia are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
Indonesia Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into Indonesia has been steadily increasing over the past five years. In 2017, the price was 2.40 US dollars per kilogram, and in 2021, the price had risen to 2.75 US dollars per kilogram. This represents an increase of 14.6% over the five-year period. The highest price was recorded in 2021, at 2.75 US dollars per kilogram, while the lowest price was recorded in 2014, at 1.91 US dollars per kilogram. Based on this trend, it is predicted that the import price per kilogram of Malt Extract into Indonesia will be 2.86 US dollars in 2023 and 2.97 US dollars in 2024.Export values for Indonesia malt extract
The total values in export for malt extract in Indonesia were US$ 52,563, US$ 60,217, US$ 53,873 and US$ 43,829 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 malt extract in other countries across Asia: Kazakhstan malt extract, Kyrgyzstan malt extract, Tajikistan malt extract, Turkmenistan malt extract, Uzbekistan malt extract, China malt extract, Hong Kong malt extract, Macao malt extract, North Korea malt extract & Mongolia malt extract.
Indonesia malt extract - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia exported 17,455 tonnes of malt extract. For 2019 alone, the market for Indonesia malt extract (processed category) has gone down, with a change of -23.684 percent compared to the year 2018. Between 2017 and 2019, malt extract's exports went down by -30.39 percent bringing the nation US$43.83m for the year 2019. Indonesia's malt extract exports are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Indonesia malt extract export values
In 2019, Indonesia exported malt extract with a value of 43.83m USD, a reduction of -18.64% from 2018's total malt extract export of 53.873m USD. The yearly reduction in value of Indonesia malt extract between 2017 to 2018 was -10.535 percent.
The per year variation in the amount of Indonesia's malt extract exports between 2017 and 2019 was -30.39 per cent when compared to a variation of -23.684% in the growth rate between 2018 and 2019.
Indonesia's portion of the world's total malt extract's exports in 2019 was less than 1%. Indonesia holds number 23 in world exports of malt extract.
Export markets for Indonesia malt extract ( in '000$ )
Indonesia's top destinations for malt extract are the Netherlands, China, South Korea, United Kingdom (UK) and Malaysia.
Import/Export Trends
Indonesia is a net importer of malt extract. The annual growth of Indonesia malt extract in value between 2015 to 2019 was 243%, per annum, while annual growth in quantity was 213%, per annum.
Indonesia ordered 91,932 tonnes of malt extract in 2019.