Product Code: ETC219208 | Publication Date: Aug 2023 | Updated Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Indonesia Basil Leaves Market registered a growth of 15.28% in value shipments in 2021 as compared to 2020 and a decrease of -8.46% CAGR in 2021 over a period of 2017. In Basil Leaves Market Indonesia is becoming more competitive as the HHI index in 2021 was 2978 while in 2017 it was 5159. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Indonesia has reportedly relied more on domestic production to meet its growing demand in Basil Leaves Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Basil Leaves Market in 2021 was 0.3 while in 2017 it was 0.73. Congo, China, India, Vietnam and Germany were among the top players of the market in 2021, where Congo acquired the largest market share of 40.46% with a shipment value of 5.29 million USD in 2022 Congo also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Basil Leaves Market. In 2017 Congo had the largest market share of 67.2% with the shipment value of 11.92 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As Congo price is lower than the average price, it provided a significant edge among other competitor in 2017.
Basil leaves hold a special place in Indonesian cuisine, and their market outlook remains promising. Basil leaves are widely used in various traditional dishes, and with the thriving culinary industry, the demand for these aromatic leaves is set to increase. Additionally, the increasing popularity of herbal and natural remedies will further bolster the basil leaves market, as they are also valued for their medicinal properties.
The basil leaves market in Indonesia is expected to grow steadily due to the widespread use of basil leaves in Indonesian cuisine and its increasing popularity in international dishes. Basil leaves are valued for their aromatic flavor and potential health benefits. The growing trend of using natural herbs and spices in food preparation is also contributing to the market`s positive outlook.
The basil leaves market might face difficulties related to shelf life and preserving the flavor and aroma of the leaves. Proper post-harvest handling and processing are crucial to maintain product quality.
The basil leaves market faced challenges during the pandemic due to supply chain disruptions and fluctuations in demand from the foodservice industry. However, as the economy reopens, the demand for basil leaves is expected to stabilize. The popularity of fresh herbs in cooking and their perceived health benefits are likely to drive market growth.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Basil Leaves Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Basil Leaves Market Revenues & Volume, 2021 & 2028F |
3.3 Indonesia Basil Leaves Market - Industry Life Cycle |
3.4 Indonesia Basil Leaves Market - Porter's Five Forces |
3.5 Indonesia Basil Leaves Market Revenues & Volume Share, By Product Type, 2021 & 2028F |
3.6 Indonesia Basil Leaves Market Revenues & Volume Share, By End Use, 2021 & 2028F |
4 Indonesia Basil Leaves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Basil Leaves Market Trends |
6 Indonesia Basil Leaves Market, By Types |
6.1 Indonesia Basil Leaves Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Basil Leaves Market Revenues & Volume, By Product Type, 2018 - 2028F |
6.1.3 Indonesia Basil Leaves Market Revenues & Volume, By Basil Leaves, 2018 - 2028F |
6.1.4 Indonesia Basil Leaves Market Revenues & Volume, By Basil Paste, 2018 - 2028F |
6.1.5 Indonesia Basil Leaves Market Revenues & Volume, By Dried Leaves, 2018 - 2028F |
6.2 Indonesia Basil Leaves Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Basil Leaves Market Revenues & Volume, By Essential Oils, 2018 - 2028F |
6.2.3 Indonesia Basil Leaves Market Revenues & Volume, By Pharmaceutical, 2018 - 2028F |
6.2.4 Indonesia Basil Leaves Market Revenues & Volume, By Snacks, 2018 - 2028F |
6.2.5 Indonesia Basil Leaves Market Revenues & Volume, By Baked Foods, 2018 - 2028F |
6.2.6 Indonesia Basil Leaves Market Revenues & Volume, By Beverages, 2018 - 2028F |
6.2.7 Indonesia Basil Leaves Market Revenues & Volume, By Others, 2018 - 2028F |
7 Indonesia Basil Leaves Market Import-Export Trade Statistics |
7.1 Indonesia Basil Leaves Market Export to Major Countries |
7.2 Indonesia Basil Leaves Market Imports from Major Countries |
8 Indonesia Basil Leaves Market Key Performance Indicators |
9 Indonesia Basil Leaves Market - Opportunity Assessment |
9.1 Indonesia Basil Leaves Market Opportunity Assessment, By Product Type, 2021 & 2028F |
9.2 Indonesia Basil Leaves Market Opportunity Assessment, By End Use, 2021 & 2028F |
10 Indonesia Basil Leaves Market - Competitive Landscape |
10.1 Indonesia Basil Leaves Market Revenue Share, By Companies, 2021 |
10.2 Indonesia Basil Leaves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |