Indonesia Import Data , Indonesia trade Data
27-Oct-2023
Indonesia is renowned for its delicious peanuts, as peanuts are a popular and versatile ingredient in the country's cuisine. Also, this is the most imported item in Indonesia. The growth of Indonesia's peanut imports is good news for peanut exporters, as it represents a growing and important market globally. Based on Indonesia imports data, Indonesia imported over 300,000 metric tons of peanuts in 2021. There are several ways to connect with peanut buyers in Indonesia, including online directories, trade shows and exhibitions, and online platforms like Indonesia Trade Data. In this post, we'll talk about important aspects of the Indonesia peanut import market, together with the most recent peanut top buyers data.
Indonesia is an extensive peanut producer and consumer. Peanut production in the country was approximately 960,000 metric tons in 2023, with consumption of over 1.2 million metric tons. As a result, Indonesia must import peanuts to meet domestic demand. Indonesia imports the majority of its peanuts from India, China, Sudan, Tanzania, and Togo as per import data of Indonesia.
According to the USDA's March 2022 Oil Seeds and Product Annual Report, India accounts for 83% of total peanut exports to Indonesia, as per Indonesia peanut importers data. Furthermore, the development of the food processing industry in Indonesia is expected to increase demand for peanut processing, consequently boosting the overall market share. India also plays a vital role in maintaining an abundant supply of the primary raw material required to produce peanut butter, which positively impacts the market for peanut butter in the country.
As per Indonesia peanut imports data, peanut imports in Indonesia reached 400,000 metric tons in 2022/23 which is a 4% increase from 2021/22. The raw peanut market is more extensive, accounting for roughly 70% of overall peanut market revenue.
The major players in the Indonesian peanut industry include:
To obtain a comprehensive understanding of the Indonesia export import market, it is essential to analyze it based on Indonesia export import data. Our market report allows traders to identify key statistics, top exporters, top importers, and HS codes for specific product types.
Based on peanut import data, the top 5 importers of peanuts in 2023 are:
1. China
2. Netherlands
3. Indonesia
4. Russia
5. Germany
These above mentioned countries account for over 50% of global peanut imports. China is the biggest importer of peanuts, accounting for over 20% of global imports. The Netherlands is a significant transit hub for peanut imports, and many of the peanuts imported by the Netherlands are re-exported to different countries. Indonesia, Russia, and Germany are also significant consumers of peanuts, and they import peanuts to meet their domestic demand. Other major peanut importers include the United Kingdom, Canada, Vietnam, and Poland. Peanuts are imported into these countries for a variety of purposes, including domestic consumption, processing, and re-exportation.
The peanut import business is a profitable opportunity for traders as it provides various benefits such as cost-effectiveness, global market demands, etc. However, without reliable data, it becomes challenging to make informed decisions. This is where peanut import data helps. By acquiring comprehensive and accurate peanut importer data from IndonesiaTradeData.com, traders obtain insights into import trends, top importers, product categories, market fluctuations, market trends, HS Codes, etc. Indonesia peanut import insights provide access to traders, enabling businesses to evaluate importers' profiles, track their importing activities, and build fruitful partnerships.
Expanding your business globally by finding peanut buyer's data can be a profitable opportunity. However, it can also be a difficult task that requires careful planning and effective strategies. There are several steps to finding peanut buyers in the international market:
Before diving into the search for peanut buyers, it's important to identify your target market. Research and analyze countries that have a demand for peanuts. There are several factors to consider, such as economic stability, market size and trends, and competitor analysis. This initial step will help you focus your efforts and resources on markets with the greatest potential for success.
Utilize online platforms specifically designed to connect traders with global buyers. Websites like IndonesiaTradeData.com are popular platforms that provide authentic and accurate peanut buyer data. This platform provides you with Indonesia import data and much more.
Trade shows and exhibitions are ideal venues for showcasing your export products to a specific audience in any target market. Identify and participate in important industry-specific events, both domestically and globally. These events allow you to network with possible buyers, form relationships, and learn about the industry.
Government export promotion agencies might be useful for international consumers. These agencies provide exporters with support, resources, and help, such as matching services, market research, and trade missions. Analyze and contact your country's export promotion agency to learn about possible opportunities and benefit from their knowledge.
To find accurate and updated peanut import data or HS codes for peanuts, you can visit Indonesiatradedata.com to gain access to the real-time Indonesia database. We provide authentic and genuine Peanuts Top Buyer details, Indonesia export data, HS Codes, etc.
Finally, utilizing the potential of Indonesia market analytics can be a game changer for your trade business. Businesses gain a competitive advantage in analyzing market trends, identifying key players, and utilizing comprehensive Indonesia Import Data.
Want to know more about how Indonesia Trade Data helps you trade globally and enhance your business? Speak to the global trade expert for the Indonesia market and grow your business to new heights. Book a free live demo today!
