What is the price of wine per kilogram/pound in Indonesia today?
The retail price range for Indonesia wine is between US$ 5.88 and US$ 23.52 per kilogram or between US$ 2.67 and US$ 10.67 per pound(lb). Click here to see today's exact prices of wine in Indonesia
The retail price range in Rupiah for wine is between IDR 98,020.00 and IDR 392,080.00 per kilogram or between IDR 44,453.51 and IDR 177,814.06 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia wine is between US$ 4.12 and US$ 16.47 per kilogram or between US$ 1.87 and US$ 7.47 per pound(lb).
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Indonesia Wine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wine from Indonesia over the last five years has been quite volatile. In 2012, the price was 17.50 US dollars per kg, but this dropped to 10.90 US dollars per kg in 2013. The price then dropped further to 2.68 US dollars per kg in 2014, before increasing to 9.15 US dollars per kg in 2015. In 2016, the price rose to 14.81 US dollars per kg, before dropping to 2.29 US dollars per kg in 2017. The price then increased to 4.73 US dollars per kg in 2018, before dropping to 4.72 US dollars per kg in 2019. The price then dropped to 1.90 US dollars per kg in 2020, before increasing to 4.46 US dollars per kg in 2021. The most recent data shows that the price of Wine from Indonesia was 2.77 US dollars per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Wine from Indonesia will be 3.45 US dollars per kg in 2023 and 4.14 US dollars per kg in 2024.The exports of wine from Indonesia are classified as:
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Sparkling wine of fresh grapes (HS code 220410)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
Indonesia Wine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wine into Indonesia over the last five years has been quite volatile. In 2016, the price was at its highest at 14.81 US dollars per kg. This was followed by a sharp decline in 2017 to 2.29 US dollars per kg. In 2018, the price rose to 4.73 US dollars per kg, before dropping again to 4.72 US dollars per kg in 2019. The price then dropped to its lowest point in 2020 at 1.9 US dollars per kg, before rising again to 4.46 US dollars per kg in 2021. The most recent data shows that the price has dropped again to 2.77 US dollars per kg in 2022. Based on this trend, it is likely that the price of Wine into Indonesia will remain relatively stable in 2023 and 2024, with an estimated price of 2.77 US dollars per kg and 2.78 US dollars per kg respectively.Export values for Indonesia wine
The total values in export for wine in Indonesia were US$ 11,595, US$ 798, US$ 1,567 and US$ 944 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 wine in other countries across Asia: Kazakhstan wine, Kyrgyzstan wine, Tajikistan wine, Turkmenistan wine, Uzbekistan wine, China wine, Hong Kong wine, Macao wine, North Korea wine & Mongolia wine.
Indonesia wine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia shipped 200 tonnes of wine. Across 2019 alone, the market for Indonesia wine (processed category) has reduced, recording a change of -39.577 pc compared to the year 2018. Between 2017 and 2019, wine's exports decreased by -42.53 pc bringing the nation US$0.94m for the year 2019. Indonesia's wine exports are categorised as:
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Sparkling wine of fresh grapes (HS code 220410)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
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Indonesia wine export values
In 2019, Indonesia shipped wine costing 0.94m USD, a reduction of -40.01% from 2018's total wine export of 1.567m USD. The yearly reduction in value of Indonesia wine between 2017 to 2018 was 96.366%.
The annual/yearly variation in the amount of Indonesia's wine exports between 2017 and 2019 was -42.53 pc when compared to a variation of -39.577% in the growth rate between 2018 and 2019.
Indonesia's portion of the world's total wine's exports in 2019 was 1.1 pc. The country is ranked number 12 in world exports of wine.
Export markets for Indonesia wine ( in '000$ )
Indonesia's best performing destinations for wine are Singapore, Australia, Japan, Hong Kong and China.
Import/Export Trends
Indonesia is a net exporter of wine. The annual growth of Indonesia wine in value between 2015 to 2019 was 390%, per year, while annual growth in quantity through the same period was 493%, per annum.
Indonesia imported 4,539 tonnes of wine in 2019.