Indonesia - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBacon and Ham Price in Indonesia - 2022
Contents:
- Bacon and Ham Price in Indonesia (CIF) - 2022
- Bacon and Ham Price in Indonesia (FOB) - 2022
- Bacon and Ham Imports in Indonesia
- Bacon and Ham Exports in Indonesia
Bacon and Ham Price in Indonesia (CIF) - 2022
In 2022, the average bacon and ham import price amounted to $10,038 per ton, jumping by 20% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $11,269 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($13,314 per ton), while the price for the United States ($4,402 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.3%), while the prices for the other major suppliers experienced a decline.
Bacon and Ham Price in Indonesia (FOB) - 2022
The average bacon and ham export price stood at $6,846 per ton in 2022, growing by 27% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the average export price increased by 58%. As a result, the export price reached the peak level of $8,787 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($7,826 per ton), while the average price for exports to Timor-Leste amounted to $286 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Timor-Leste (+6.2%).
Bacon and Ham Imports in Indonesia
After two years of decline, supplies from abroad of bacon, ham and other dried, salted or smoked pig meat increased by 7.4% to 37 tons in 2022. In general, imports, however, saw a abrupt contraction.
In value terms, bacon and ham imports soared to $373K in 2022. Over the period under review, imports, however, faced a abrupt setback.
| Import of Bacon and Ham in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 90.8 | 146 | 79.1 | 116 | 8.5% |
| Italy | 183 | 73.4 | 60.2 | 95.5 | -19.5% |
| United States | 26.4 | 15.3 | 45.1 | 42.0 | 16.7% |
| Spain | 3.6 | 9.0 | 19.5 | 7.3 | 26.6% |
| Singapore | 132 | 92.1 | 5.4 | 5.8 | -64.7% |
| Germany | 3.0 | 9.4 | 6.9 | 3.4 | 4.3% |
| Others | 229 | 110 | 73.2 | 103 | -23.4% |
| Total | 668 | 456 | 289 | 373 | -17.7% |
Top Suppliers of Bacon and Ham to Indonesia in 2022:
- United States (9.5 tons)
- Australia (8.7 tons)
- Italy (7.7 tons)
- Singapore (1.1 tons)
- Spain (0.8 tons)
- Germany (0.5 tons)
Bacon and Ham Exports in Indonesia
In 2022, the amount of bacon, ham and other dried, salted or smoked pig meat exported from Indonesia contracted remarkably to 1.7 tons, which is down by -36.7% compared with the previous year. Over the period under review, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 38%. As a result, the exports reached the peak of 2.8 tons, and then contracted sharply in the following year.
In value terms, bacon and ham exports declined markedly to $12K in 2022. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year.
| Export of Bacon and Ham in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 17.7 | 13.5 | 10.3 | 11.9 | -12.4% |
| Timor-Leste | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Turkey | N/A | N/A | 4.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.8 | 13.6 | 14.9 | 12.0 | -12.3% |
Top Export Markets for Bacon and Ham from Indonesia in 2022:
- Hong Kong SAR (1519.0 kg)
- Timor-Leste (227.0 kg)
This report provides an in-depth analysis of the bacon and ham market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
- Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
- Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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