in Indonesia, sugar imports still taste sweet before Ramadan

Published 2023년 3월 16일

Tridge summary

Demand for sugar commodities in Indonesia is expected to increase due to the upcoming Ramadan. However, sugar imports in February 2023 saw a decreasing monthly pattern, with most imports coming from Thailand. India and Australia were also significant suppliers. The Minister of Trade has set sugar import quotas for 2023, with a total of 500 thousand tons imported so far. The annual demand for sugar in Indonesia is projected to be 3,401,521 tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - Ramadhan 1444 H falls at the end of March. Generally, the demand for several commodities increases ahead of Ramadan, including the demand for sugar commodities. This can be seen from the still high volume of sugar imports in February 2023 which reached 413 million kilograms. Nevertheless, sugar imports in February have shown a pattern of decreasing on a monthly basis. The volume of imports in that month decreased significantly when compared to the previous month which reached 537 million kilograms. Based on the country of origin, most of Indonesia's sugar imports in February came from Thailand, amounting to 220.75 million kilograms. This figure decreased by about half when compared to the previous month which reached 414.55 million kilograms. Furthermore, India became the second supplier of imported sugar to Indonesia. From India, 142.79 million kilograms of sugar were imported. This figure is a significant increase compared to the previous month which ...

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