What is the price of turmeric per kilogram/pound in Indonesia today?
The retail price range for Indonesia turmeric is between US$ 12.73 and US$ 25.96 per kilogram or between US$ 5.77 and US$ 11.77 per pound(lb). Click here to see today's exact prices of turmeric in Indonesia
The retail price range in Rupiah for turmeric is between IDR 212,225.00 and IDR 432,612.50 per kilogram or between IDR 96,247.17 and IDR 196,196.15 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia turmeric is between US$ 8.91 and US$ 18.17 per kilogram or between US$ 4.04 and US$ 8.24 per pound(lb).
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Indonesia Turmeric Export Prices - Historical, Trends and Prediction
The export price per kilogram of Turmeric from Indonesia over the last five years has seen a steady decline. In 2017, the price was 1.45 US dollars per kilogram, dropping to 1.36 US dollars per kilogram in 2018 and further to 1.08 US dollars per kilogram in 2019. The price has continued to decrease in 2020 and 2021, reaching 0.96 and 0.98 US dollars per kilogram respectively. The most recent data shows that the export price per kilogram of Turmeric from Indonesia is 0.91 US dollars. Based on this trend, it is predicted that the export price per kilogram of Turmeric from Indonesia in 2023 and 2024 will be 0.86 and 0.81 US dollars respectively.Indonesia Turmeric Import Prices - Historical, Trends and Prediction
The import price per kilogram of Turmeric into Indonesia has seen a steady decline over the past five years. In 2017, the price was 1.45 US dollars per kg, which dropped to 1.36 US dollars per kg in 2018. In 2019, the price further decreased to 1.08 US dollars per kg and in 2020, it dropped to 0.96 US dollars per kg. The price remained relatively stable in 2021 and 2022, at 0.98 US dollars per kg and 0.91 US dollars per kg respectively. Based on this trend, it is likely that the import price per kilogram of Turmeric into Indonesia will continue to decrease in 2023 and 2024, with an estimated price of 0.84 US dollars per kg and 0.78 US dollars per kg respectively.Export values for Indonesia turmeric
The total values in export for turmeric in Indonesia were US$ 11,708, US$ 11,313, US$ 12,958 and US$ 7,765 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Indonesia: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of turmeric in other countries across Asia: Kazakhstan turmeric, Kyrgyzstan turmeric, Tajikistan turmeric, Turkmenistan turmeric, Uzbekistan turmeric, China turmeric, Hong Kong turmeric, Macao turmeric, North Korea turmeric & Mongolia turmeric.
Indonesia turmeric - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 7,163 tonnes of turmeric. Across 2019 alone, the interest in Indonesia turmeric (herbs and spices category) has shrunk, flactuating by -24.924 pc compared to the year 2018. Between 2017 and 2019, turmeric's exports decreased by -8.11% earning Indonesia US$7.76m for the year 2019. Indonesia's turmeric exports are categorised as:
- Turmeric "curcuma" (HS code 091030)
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Indonesia turmeric export values
In 2019, Indonesia sold turmeric with a value of 7.76m USD, a contraction of -40.11% from 2018's total turmeric export of 12.958m USD. The annual change in value of Indonesia turmeric between 2017 to 2018 was 14.541%.
The yearly change in the amount of Indonesia's turmeric exports between 2017 and 2019 was -8.11 pc in comparison to a variation of -24.924% in the period between 2018 and 2019.
Indonesia's share of the world's total turmeric's exports in 2019 was less than 1%. Indonesia is ranked position 10 in world exports of turmeric.
Export markets for Indonesia turmeric ( in '000$ )
Import/Export Trends
Indonesia is a net exporter of turmeric. The annual growth of Indonesia turmeric in value between 2015 to 2019 was -14%, per year, while annual growth in quantity through the same period was -19%, per annum.
Indonesia brought in 1,434 tonnes of turmeric in 2019.