What is the price of rice per kilogram/pound in Indonesia today?
The retail price range for Indonesia rice is between US$ 0.80 and US$ 2.09 per kilogram or between US$ 0.36 and US$ 0.95 per pound(lb). Click here to see today's exact prices of rice in Indonesia
The retail price range in Rupiah for rice is between IDR 13,285.53 and IDR 34,894.53 per kilogram or between IDR 6,025.19 and IDR 15,825.19 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia rice is between US$ 0.56 and US$ 1.47 per kilogram or between US$ 0.25 and US$ 0.66 per pound(lb).
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Indonesia Rice Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rice from Indonesia over the last five years has been quite varied. In 2017, the price was 0.92 US $ per kg, followed by a sharp decrease to 0.46 US $ per kg in 2018. In 2019, the price rose to 2.45 US $ per kg, and then increased further to 2.76 US $ per kg in 2020. The price then dropped to 0.8 US $ per kg in 2021, and further to 0.66 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Rice from Indonesia in 2023 will be around 0.50 US $ per kg, and in 2024 will be around 0.35 US $ per kg.The Indonesia rice exports are classified as:
- Rice in the husk, "paddy" or rough (HS code 100610)
- Broken rice (HS code 100640)
- Husked or brown rice (HS code 100620)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
Indonesia Rice Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rice into Indonesia over the last five years has been quite varied. In 2017, the price was $0.92, followed by a sharp drop to $0.46 in 2018. This was followed by a significant increase to $2.45 in 2019, and then a further increase to $2.76 in 2020. The price then dropped to $0.80 in 2021, before settling at $0.66 in 2022. Looking ahead, it is likely that the import price of Rice into Indonesia will remain relatively stable over the next two years. We predict that the price will remain at $0.66 in 2023, before increasing slightly to $0.68 in 2024.Export values for Indonesia rice
The total values in export for rice in Indonesia were US$ 1,730, US$ 6,508, US$ 2,972 and US$ 1,400 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Indonesia: Wheat, Rye, Barley, Oats, Maize, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of rice in other countries across Asia: Kazakhstan rice, Kyrgyzstan rice, Tajikistan rice, Turkmenistan rice, Uzbekistan rice, China rice, Hong Kong rice, Macao rice, North Korea rice & Mongolia rice.
Indonesia rice - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 572 tonnes of rice. For the year 2019 alone, the market for Indonesia rice (cereals/grains category) has shrunk, flactuating by -91.099 per cent compared to the year 2018. Between 2017 and 2019, rice's exports reduced by -91.9 pc netting the nation US$1.40m for the year 2019. Indonesia's rice exports are categorised as:
- Husked or brown rice (HS code 100620)
- Broken rice (HS code 100640)
- Rice in the husk, "paddy" or rough (HS code 100610)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
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Indonesia rice export values
In 2019, Indonesia supplied rice worth 1.40m USD, a reduction of -52.89% from 2018's total rice export of 2.972m USD. The yearly reduction in value of Indonesia rice between 2017 to 2018 was -54.333 pc.
The per year variation in the volume of Indonesia's rice exports between 2017 and 2019 was -91.9 pc when compared to a variation of -91.099% in the growth rate between 2018 and 2019.
Indonesia's share of the world's total rice's exports in 2019 was 1.2 per cent. The country is ranked number 10 in world exports of rice.
Export markets for Indonesia rice ( in '000$ )
Indonesia's best performing destinations for rice are Belgium, Malaysia, Australia, Brunei Darussalam and Italy.
Import/Export Trends
Indonesia is a net exporter of rice. The annual growth of Indonesia rice in value between 2015 to 2019 was -6%, per annum, while annual growth in quantity for the same period was -35%, per annum.
Indonesia imported 889,276 tonnes of rice in 2019.
Production
The production of rice in Indonesia was 364,099,680 tonnes in 2019 and is projected to change by an average of -7.76%. The country had approximately 85,423,096.00 hectares under rice cultivation.