What is the price of whey per kilogram/pound in Indonesia today?
The retail price range for Indonesia whey is between US$ 11.94 and US$ 33.90 per kilogram or between US$ 5.41 and US$ 15.37 per pound(lb). Click here to see today's exact prices of whey in Indonesia
The retail price range in Rupiah for whey is between IDR 198,916.67 and IDR 564,923.33 per kilogram or between IDR 90,211.64 and IDR 256,201.06 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia whey is between US$ 8.35 and US$ 23.73 per kilogram or between US$ 3.79 and US$ 10.76 per pound(lb).
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Indonesia Whey Export Prices - Historical, Trends and Prediction
The export price per kilogram of Whey from Indonesia over the last five years has seen a steady increase. In 2017, the price was 1.27 US$ per kg, and in 2021 it was 1.80 US$ per kg. The highest price was recorded in 2020, when it reached 2.14 US$ per kg. The price dropped slightly in 2021 to 1.80 US$ per kg, but is expected to rise again in 2022 to 2.22 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Whey from Indonesia will be 2.30 US$ per kg in 2023 and 2.38 US$ per kg in 2024.The whey exports from Indonesia are classified as:
- Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter (HS code 040410)
Indonesia Whey Import Prices - Historical, Trends and Prediction
The import price per kilogram of Whey into Indonesia over the last five years has been quite volatile. In 2017, the price was $1.27, followed by a slight increase to $1.44 in 2018. In 2019, the price rose to $1.57, and then jumped to $2.14 in 2020. This year, the price has dropped to $1.80. Looking ahead, we can expect the price of Whey to remain relatively stable, with an estimated price of $2.22 in 2022. Predicted prices for 2023 and 2024 are $2.30 and $2.38 respectively.Export values for Indonesia whey
The total values in export for whey in Indonesia were US$ 211, US$ 260, US$ 154 and US$ 36 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, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of whey in other countries across Asia: Kazakhstan whey, Kyrgyzstan whey, Tajikistan whey, Turkmenistan whey, Uzbekistan whey, China whey, Hong Kong whey, Macao whey, North Korea whey & Mongolia whey.
Indonesia whey - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia exported 23 tonnes of whey. For 2019 alone, the market for Indonesia whey (processed category) has gone down, with a change of -78.505 percent compared to the year 2018. Between 2017 and 2019, whey's exports went down by -88.78 pc earning the nation US$0.04m for the year 2019. Indonesia's whey exports are categorised as:
- Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter (HS code 040410)
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Indonesia whey export values
In 2019, Indonesia shipped whey valued at 0.04m USD, a reduction of -74.03% from 2018's total whey export of 0.154m USD. The annual reduction in value of Indonesia whey between 2017 to 2018 was -40.769 per cent.
The annual variation in the volume of Indonesia's whey exports between 2017 and 2019 was -88.78 percent compared to a variation of -78.505% in the period between 2018 and 2019.
Indonesia's portion of the world's total whey's exports in 2019 was less than 1%. The country holds position 35 in world exports of whey.
Export markets for Indonesia whey ( in '000$ )
Indonesia's top destinations for whey are Singapore, the Philippines, Hong Kong, Denmark and Thailand.
Import/Export Trends
Indonesia is a net exporter of whey. The annual growth of Indonesia whey in value between 2015 to 2019 was 71%, per year, while annual growth in quantity through the same period was 104%, per annum.
Indonesia procured 133,135 tonnes of whey in 2019.