Which country exports virgin olive oil from Indonesia?
Singapore (X kg) was the main destination for virgin olive oil exports from Indonesia, accounting for a approx. X% share of total exports. From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore totaled X%. In value terms, Singapore ($X) also remains the key foreign market for virgin olive oil exports from Indonesia.
How does Indonesia olive oil perform compared to other countries?
See how Indonesia Olive Oil performed compared to key markets such as Italy, Spain and the United States. Indonesia is forecast to be the 53rd-largest consumer of olive oil in the world by 2026. In 2021, the country consumed two thousand metric tons of the product, which is expected to grow by two-and-a-half percent annually up to 2026.
Where does olive oil come from in Indonesia?
Overall, about 60 percent of olive oil sold in Indonesia comes from Andalusia. Exports from Andalusia to the region totaled 23.3 million over the same period, with growth of 2.5?percent compared to 2019. Indonesia is the fifth-largest market for Andalusian oil in the region, behind the Philippines, Singapore, Thailand and Malaysia.
How much olive oil does Indonesia import?
Imports In 2022, Indonesia imported $12.4M in Pure Olive Oil, becoming the 49th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 771st most imported product in Indonesia. Indonesia imports Pure Olive Oil primarily from: Italy ($5.35M), Spain ($4.95M), Egypt ($1.12M), Turkey ($427k), and Australia ($109k).