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Indonesia faces economic challenges moving into 2015, with the World Bank forecasting declining growth at 5.2 percent.
While traditional markets still account for the majority of retail food sales in Indonesia, modern retail holds a significant share and is growing.
Post revises 2013/14 crude palm oil (CPO) production down by 500,000 metric tons (MT) to 30.5 million MT.
Favorable cotton prices relative to synthetic fibers prices, coupled with the expansion of large mills, have led to higher imports and consumption of cotton.
Based on industry data, Post revises marketing year (MY) 2012/13 Indonesian wheat consumption to 6.8 million metric tons (MMT) of wheat equivalent.
Growing coffee consumption in Indonesia is transforming Indonesia’s coffee trade. Industry sources estimate that local consumption growth is outpacing production growth.
U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.
This report provides updated technical information for requirements and regulations on food and agriculture products as are currently required by the Government of Indonesia (GOI).
Indonesian imports of nonfat dry milk slowed in 2013 due to tight international supplies.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.
On May 12, 2014 Ministry of Agriculture issued Regulation No. 65/2014 on animal quarantine measures for importation, exportation and distribution of consumable products of animal origin.
The Indonesian National Biosafety Commission for Genetically Engineered Products (BCGEP) was reactivated on June 2, 2014 through the Presidential Regulation No. 53/2014.