What is the price of sugar per kilogram/pound in Indonesia today?
The retail price range for Indonesia sugar is between US$ 0.42 and US$ 0.58 per kilogram or between US$ 0.19 and US$ 0.26 per pound(lb). Click here to see today's exact prices of sugar in Indonesia
The retail price range in Rupiah for sugar is between IDR 6,973.88 and IDR 9,731.00 per kilogram or between IDR 3,162.76 and IDR 4,413.15 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia sugar is between US$ 0.29 and US$ 0.41 per kilogram or between US$ 0.13 and US$ 0.19 per pound(lb).
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Indonesia Sugar Export Prices - Historical, Trends and Prediction
The export price per kilogram of sugar from Indonesia over the last five years has seen a steady decline. In 2017, the price was 1.30 US dollars per kilogram, dropping to 0.92 US dollars per kilogram in 2018. This trend continued in 2019, with the price falling to 0.84 US dollars per kilogram. In 2020, the price dropped to 0.52 US dollars per kilogram, and in 2021, the price was 0.57 US dollars per kilogram. The most recent data shows that the price of sugar from Indonesia in 2022 was 0.62 US dollars per kilogram. Based on this trend, it is predicted that the price of sugar from Indonesia in 2023 will be 0.56 US dollars per kilogram, and in 2024, the price will be 0.50 US dollars per kilogram.The exports of sugar from Indonesia are classified as:
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
Indonesia Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into Indonesia over the last five years has seen a steady decline. In 2016, the price was $1.01, followed by $1.30 in 2017, $0.92 in 2018, $0.84 in 2019 and $0.52 in 2020. This downward trend is expected to continue in 2021, with the price being $0.57, and in 2022, the price is expected to be $0.62. Based on this trend, it is likely that the import price per kilogram of sugar into Indonesia in 2023 will be around $0.56 and in 2024, it will be around $0.51.Export values for Indonesia sugar
The total values in export for sugar in Indonesia were US$ 2,641, US$ 2,767, US$ 4,144 and US$ 2,966 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 sugar in other countries across Asia: Kazakhstan sugar, Kyrgyzstan sugar, Tajikistan sugar, Turkmenistan sugar, Uzbekistan sugar, China sugar, Hong Kong sugar, Macao sugar, North Korea sugar & Mongolia sugar.
Indonesia sugar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia shipped 3,550 tonnes of sugar. Across 2019 alone, the market for Indonesia sugar (processed category) has shrunk, with a change of -21.72 percent compared to the year 2018. Between 2017 and 2019, sugar's exports went up by 68.17 percent netting the nation US$2.97m for the year 2019. Indonesia's sugar exports are categorised as:
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
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Indonesia sugar export values
In 2019, Indonesia sold sugar valued at 2.97m USD, a drop of -28.33% from 2018's total sugar export of 4.144m USD. The annual reduction in value of Indonesia sugar between 2017 to 2018 was 49.765 per cent.
The per year change in the volume of Indonesia's sugar exports between 2017 and 2019 was 68.17 percent when compared to a variation of -21.72% in the growth rate between 2018 and 2019.
Export markets for Indonesia sugar ( in '000$ )
Indonesia's leading export markets for sugar are Madagascar, Libya, Nigeria, Solomon Islands and Hong Kong.
Indonesia procured 4,090,653 tonnes of sugar in 2019.
Production
The production of sugar in Indonesia was 1,164,816 tonnes in 2019 and is predicted to change by an average of -0.38%. The country had an estimated 417,672.00 hectares under sugar cultivation.