What is the price of margarine per kilogram/pound in Indonesia today?
The retail price range for Indonesia margarine is between US$ 1.73 and US$ 4.15 per kilogram or between US$ 0.78 and US$ 1.88 per pound(lb). Click here to see today's exact prices of margarine in Indonesia
The retail price range in Rupiah for margarine is between IDR 28,802.08 and IDR 69,125.00 per kilogram or between IDR 13,062.17 and IDR 31,349.21 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia margarine is between US$ 1.21 and US$ 2.90 per kilogram or between US$ 0.55 and US$ 1.32 per pound(lb).
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Indonesia Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Indonesia over the last five years has seen a steady decline. In 2017, the price was 0.76 US $ per kg, which dropped to 0.63 US $ per kg in 2019. However, the price has seen a slight increase in 2020, with 0.72 US $ per kg. The latest data shows that the price has risen to 1.14 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Margarine from Indonesia will be 1.07 US $ per kg in 2023 and 1.20 US $ per kg in 2024.The exports of margarine from Indonesia are classified as:
- Margarine (excluding liquid) (HS code 151710)
Indonesia Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Indonesia over the last five years has seen a general downward trend. In 2017, the price was 0.76 US$ per kg, which dropped to 0.63 US$ per kg in 2019. This was followed by a slight increase to 0.72 US$ per kg in 2020. The current price of 0.97 US$ per kg in 2021 is higher than the price in 2017, but still lower than the price in 2012. Based on this trend, it is predicted that the import price per kilogram of Margarine into Indonesia in 2023 will be 0.90 US$ per kg, and in 2024 will be 0.87 US$ per kg.Export values for Indonesia margarine
The total values in export for margarine in Indonesia were US$ 66,101, US$ 81,021, US$ 79,740 and US$ 71,034 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 margarine in other countries across Asia: Kazakhstan margarine, Kyrgyzstan margarine, Tajikistan margarine, Turkmenistan margarine, Uzbekistan margarine, China margarine, Hong Kong margarine, Macao margarine, North Korea margarine & Mongolia margarine.
Indonesia margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia shipped 112,063 tonnes of margarine. In 2019 alone, the interest in Indonesia margarine (processed category) has increased, flactuating by 0.47789832 % compared to the year 2018. Between 2017 and 2019, margarine's exports went up by 5.59 percent bringing the country US$71.03m for the year 2019. Indonesia's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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Indonesia margarine export values
In 2019, Indonesia shipped margarine worth 71.03m USD, a decrease of -10.92% from 2018's total margarine export of 79.74m USD. The annual change in value of Indonesia margarine between 2017 to 2018 was -1.581%.
The annual/yearly variation in the amount of Indonesia's margarine exports between 2017 and 2019 was 5.59 per cent in comparison to a variation of 0.47789832% in the period between 2018 and 2019.
Indonesia's portion of the world's total margarine's exports in 2019 was less than 1%. The country is ranked position 49 in world exports of margarine.
Export markets for Indonesia margarine ( in '000$ )
Indonesia's top export markets for margarine are Nigeria, Ghana, China, Angola and Benin.
Import/Export Trends
Indonesia is a net exporter of margarine. The annual growth of Indonesia margarine in value between 2015 to 2019 was 12%, per year, while annual growth in quantity during the same period was 2%, per annum.
Indonesia bought 3,368 tonnes of margarine in 2019.