Indonesia: Price surge drives growth in indonesia's coffee export performance

Published 2024년 10월 20일

Tridge summary

Indonesian coffee exports have experienced significant growth, with exports reaching 342,330 tons valued at US$ 1.49 billion from January to September 2023, a 29.56% increase from the previous year. Despite importing 67,650 tons of coffee, Indonesia maintained a trade surplus of US$ 1.17 billion. Unroasted robusta coffee was the leading export, primarily to the Philippines. The increase in export value is attributed to rising robusta coffee prices, which peaked at US$ 5,300 per ton in September 2024. However, export volumes have not significantly increased, and exports to Europe have weakened due to the EU's Anti-Deforestation Law policy postponement. Exporters are focusing on traditional markets like Southeast Asia, the US, and Japan, while also competing with other countries and prioritizing domestic sales.

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Original content

Reporter: Dimas Andi | Editor: Noverius Laoli KONTAN.CO.ID - JAKARTA. Indonesian coffee commodities have shown positive developments in the international market. Throughout January-September 2023, the Central Statistics Agency (BPS) recorded that Indonesian coffee exports reached 342,330 tons with a value of US$ 1.49 billion, an increase of 29.56% year on year compared to the previous year. During the same period in 2024, Indonesia imported 67,650 tons of coffee worth US$ 319.84 million, so that the coffee trade balance was still a surplus of US$ 1.17 billion. Unroasted robusta coffee exports dominated with a volume of 148,380 tons, followed by processed coffee based on extracts and instant coffee. The Philippines is the largest export destination country with a volume of 85,000 tons, followed by the United States, Malaysia, and other countries. Head of the Specialty & Industry Department of the Indonesian Coffee Exporters Association (AEKI) Moelyono Soesilo stated that the spike ...

Source: Kontan