Exports of Indonesian Spices targeted to reach US$2 Billion in 2024: https://pasardana.id/news/2022/11/28/ekspor-bumbu-dan-rempah-indonesia-ditargetkan-capai-us-2-miliar-pada-2024/28 November 2022
The cooking aid industry, such as soy sauce, chili sauce, tomato sauce and cooking spices, is one type that has a positive trade balance. In 2022 (January-September), exports of Indonesian cooking aid will reach US$175.8 million, while imports of similar products are valued at US$90.5 million.
Indonesia's main export products for cooking aid are dominated by cooking spices and soy sauce, while sauces and processed products still have a large import value. Currently, Indonesia is still in the 15th position for cooking aid exporting countries in the world.
Targeting The Middle East Market, Manufacturer Seasonings Indonesia's Build Plant in Saudi Arabia: https://economy.okezone.com/read/2017/11/09/320/1811078/bidik-pasar-timur-tengah-produsen-bumbu-masak-indonesia-ini-bikin-pabrik-di-arab-saudi/9 November 2017
The major manufacturers of spices and groceries Indonesia, PT Sasa Inti, works with companies of Saudi Arabia, Sami Alkhatiri Est, ready to build a factory in Saudi Arabia to meet market demand in the Middle East region.
Head of Indonesian Trade promotion Center (ITPC) Jeddah Gunawan said, after graduating from a series of tests conducted by the Saudi Food and Drug Authority (SFDA) and seeing the potential of a large food and beverage market in Saudi Arabia, PT Sasa Inti is ready to build a factory in Saudi Arabia.
According to Trade Ministry data, as of August 2017, Indonesia's non-oil / non-gas exports to Saudi Arabia reached more than USD959 million, up 1.69% from the same period last year with transaction value reaching USD943 million. Especially for processed food commodities, until the period of August 2017, Indonesia managed to realize the export of food and beverage commodities with a value of more than USD106.42 million.
Herbs and Spice Manufacturing in Indonesia
Indonesia Industry Report and Market Research
May 14, 2024
Industry Code : C3126
Forecast to : 2028
Definition
Herbs and Spice Manufacturing in Indonesia Manufacture of cooking spices and manufacturing of food spices, both natural and synthetic.
Activities
The primary activities of firms in this industry are:
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Curry, other Spices Manufacturing.
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Pepper, Dried or Crushed nor Ground Manufacturing.
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Cinnamon and Cinnamon-Tree Flowers; Crushed or Ground Manufacturing
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Cloves; Nutmeg; In Shell Or Shelled.
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Sauces and Preparation Thereof; Mixed Condiments and Mixed Seasonings Manufacturing.
The Herbs and Spice Manufacturing industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.
