Product Code: ETC223048 | 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 Olive Oil Market registered a growth of 4.15% in value shipments in 2021 as compared to 2020 and a decrease of -0.59% CAGR in 2021 over a period of 2017. In Olive Oil Market Indonesia is becoming less competitive as HHI index in 2021 was 4080 while in 2017 it was 3789. 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 imports to meet its growing demand in Olive Oil Market. India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Olive Oil Market in 2021 was 1392.47 while in 2017 it was 394.21. Italy, Spain, Turkey, Egypt and Australia were among the top players of the market in 2021, where Italy acquired the largest market share of 48.86% with a shipment value of 6.41 million USD in 2022 Italy also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Olive Oil Market. In 2017 Italy had the largest market share of 49.37% with the shipment value of 6.41 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although Italy offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the Indonesia Olive Oil Market in 2017.
The olive oil market in Indonesia is experiencing increasing interest, primarily driven by the growing awareness of the health benefits associated with olive oil consumption. The country`s olive oil imports have been rising steadily, indicating a surge in demand among health-conscious consumers and culinary enthusiasts. The market presents opportunities for both domestic and international olive oil producers to tap into this expanding consumer base.
The olive oil market in Indonesia is expected to experience substantial growth in the coming years. The rising awareness of the health benefits of olive oil, including its positive effects on heart health and its antioxidant properties, is driving its demand among health-conscious consumers. The use of olive oil in cooking and food preparation, as well as in the cosmetics industry, is also contributing to market expansion. Furthermore, the increasing availability of various olive oil varieties and brands in the Indonesian market is expected to boost its overall consumption.
Despite the promising outlook, the olive oil market also confronts challenges. One significant challenge is the limited domestic production of olives in Indonesia, leading to heavy reliance on imports. Fluctuations in global olive oil prices and geopolitical factors can influence import costs, affecting the affordability of olive oil for consumers.
The COVID-19 pandemic had a mixed impact on the olive oil market. While there was a surge in retail sales as consumers stocked up on essential items, the closure of hotels and restaurants initially led to a decline in demand from the foodservice sector. However, the market showed resilience as online sales and home cooking activities picked up during the pandemic.
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 Olive Oil Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Olive Oil Market Revenues & Volume, 2021 & 2028F |
3.3 Indonesia Olive Oil Market - Industry Life Cycle |
3.4 Indonesia Olive Oil Market - Porter's Five Forces |
3.5 Indonesia Olive Oil Market Revenues & Volume Share, By Nature, 2021 & 2028F |
3.6 Indonesia Olive Oil Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.7 Indonesia Olive Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F |
3.8 Indonesia Olive Oil Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Indonesia Olive Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Olive Oil Market Trends |
6 Indonesia Olive Oil Market, By Types |
6.1 Indonesia Olive Oil Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Olive Oil Market Revenues & Volume, By Nature, 2018 - 2028F |
6.1.3 Indonesia Olive Oil Market Revenues & Volume, By Conventional, 2018 - 2028F |
6.1.4 Indonesia Olive Oil Market Revenues & Volume, By Organic, 2018 - 2028F |
6.2 Indonesia Olive Oil Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Olive Oil Market Revenues & Volume, By Virgin Olive Oil, 2018 - 2028F |
6.2.3 Indonesia Olive Oil Market Revenues & Volume, By Refined Olive Oil, 2018 - 2028F |
6.2.4 Indonesia Olive Oil Market Revenues & Volume, By Extra Virgin Olive Oil, 2018 - 2028F |
6.2.5 Indonesia Olive Oil Market Revenues & Volume, By Olive Pomace Oil, 2018 - 2028F |
6.3 Indonesia Olive Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Olive Oil Market Revenues & Volume, By Supermarket/Hypermarket, 2018 - 2028F |
6.3.3 Indonesia Olive Oil Market Revenues & Volume, By Convenience stores, 2018 - 2028F |
6.3.4 Indonesia Olive Oil Market Revenues & Volume, By Online Channel, 2018 - 2028F |
6.3.5 Indonesia Olive Oil Market Revenues & Volume, By Others, 2018 - 2028F |
6.4 Indonesia Olive Oil Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Olive Oil Market Revenues & Volume, By Food and Beverage, 2018 - 2028F |
6.4.3 Indonesia Olive Oil Market Revenues & Volume, By Pharmaceuticals, 2018 - 2028F |
6.4.4 Indonesia Olive Oil Market Revenues & Volume, By Cosmetics, 2018 - 2028F |
6.4.5 Indonesia Olive Oil Market Revenues & Volume, By Others, 2018 - 2028F |
7 Indonesia Olive Oil Market Import-Export Trade Statistics |
7.1 Indonesia Olive Oil Market Export to Major Countries |
7.2 Indonesia Olive Oil Market Imports from Major Countries |
8 Indonesia Olive Oil Market Key Performance Indicators |
9 Indonesia Olive Oil Market - Opportunity Assessment |
9.1 Indonesia Olive Oil Market Opportunity Assessment, By Nature, 2021 & 2028F |
9.2 Indonesia Olive Oil Market Opportunity Assessment, By Type, 2021 & 2028F |
9.3 Indonesia Olive Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F |
9.4 Indonesia Olive Oil Market Opportunity Assessment, By Application, 2021 & 2028F |
10 Indonesia Olive Oil Market - Competitive Landscape |
10.1 Indonesia Olive Oil Market Revenue Share, By Companies, 2021 |
10.2 Indonesia Olive Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |