What is the price of mace per kilogram/pound in Indonesia today?
The retail price range for Indonesia mace is between US$ 4.40 and US$ 6.84 per kilogram or between US$ 1.99 and US$ 3.10 per pound(lb). Click here to see today's exact prices of mace in Indonesia
The retail price range in Rupiah for mace is between IDR 73,252.50 and IDR 113,948.33 per kilogram or between IDR 33,221.09 and IDR 51,677.25 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia mace is between US$ 3.08 and US$ 4.79 per kilogram or between US$ 1.40 and US$ 2.17 per pound(lb).
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Indonesia Mace Export Prices - Historical, Trends and Prediction
The export price per kilogram of Mace from Indonesia over the last five years has seen a steady decline. In 2016, the price was 7.68 US dollars per kg, and in 2017 it rose to 9.51 US dollars per kg. However, in 2018 the price dropped to 10.77 US dollars per kg and in 2019 it rose to 15.33 US dollars per kg. In 2020, the price increased to 17.00 US dollars per kg and in 2021 it dropped slightly to 16.99 US dollars per kg. The most recent data shows that the export price per kilogram of Mace from Indonesia is 16.20 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Mace from Indonesia in 2023 will be around 15.50 US dollars per kg and in 2024 will be around 14.80 US dollars per kg.Indonesia Mace Import Prices - Historical, Trends and Prediction
The import price per kilogram of Mace into Indonesia over the last five years has seen a steady increase. In 2016, the price was 7.68 US dollars per kg, and by 2021, it had risen to 16.99 US dollars per kg. This represents an increase of 118.5%. The highest price was recorded in 2019, when it reached 15.33 US dollars per kg. The most recent price, in 2022, was 16.20 US dollars per kg. Based on this trend, it is predicted that the import price per kilogram of Mace into Indonesia in 2023 will be 17.45 US dollars per kg, and in 2024, it will be 17.90 US dollars per kg.Export values for Indonesia mace
The total values in export for mace in Indonesia were US$ 25,088, US$ 35,523, US$ 38,262 and US$ 52,106 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Indonesia: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Cardamom, Anise & Coriander seeds.
See prices of mace in other countries across Asia: Kazakhstan mace, Kyrgyzstan mace, Tajikistan mace, Turkmenistan mace, Uzbekistan mace, China mace, Hong Kong mace, Macao mace, North Korea mace & Mongolia mace.
Indonesia mace - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 3,398 tonnes of mace. For the year 2019 alone, the demand for Indonesia mace (herbs and spices category) has reduced, changing by -4.363 per cent compared to the year 2018. Between 2017 and 2019, mace's exports reduced by -9.05% earning the country US$52.11m for the year 2019. Indonesia's mace exports are categorised as:
- Mace, neither crushed nor ground (HS code 090821)
- Mace (HS code 090820)
- Mace, crushed or ground (HS code 090822)
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Indonesia mace export values
In 2019, Indonesia shipped mace worth 52.11m USD, a surge of 36.19% from 2018's total mace export of 38.262m USD. The annual change in value of Indonesia mace between 2017 to 2018 was 7.71 percent.
The annual/yearly variation in the amount of Indonesia's mace exports between 2017 and 2019 was -9.05% when compared to a variation of -4.363% in the growth rate between 2018 and 2019.
Export markets for Indonesia mace ( in '000$ )
Indonesia brought in 13 tonnes of mace in 2019.