What is the price of soya beans per kilogram/pound in Indonesia today?
The retail price range for Indonesia soya beans is between US$ 1.15 and US$ 2.28 per kilogram or between US$ 0.52 and US$ 1.03 per pound(lb). Click here to see today's exact prices of soya beans in Indonesia
The retail price range in Rupiah for soya beans is between IDR 19,224.45 and IDR 37,964.25 per kilogram or between IDR 8,718.57 and IDR 17,217.35 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia soya beans is between US$ 0.81 and US$ 1.59 per kilogram or between US$ 0.37 and US$ 0.72 per pound(lb).
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Indonesia Soya Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soya Beans from Indonesia over the last five years has seen a steady decline. In 2017, the price was 0.17 US $ per kg, followed by 0.23 US $ per kg in 2018, 0.30 US $ per kg in 2019, 0.20 US $ per kg in 2020 and 0.31 US $ per kg in 2021. This indicates a downward trend in the export price of Soya Beans from Indonesia. Based on this trend, it is predicted that the export price of Soya Beans from Indonesia in 2023 will be around 0.25 US $ per kg and in 2024 will be around 0.20 US $ per kg.The Indonesia soya beans exports are classified as:
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (HS code 120100)
Indonesia Soya Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soya Beans into Indonesia has seen a steady decline over the past five years. In 2012, the price was 0.69 US dollars per kg, and this decreased to 0.45 US dollars per kg in 2013. The price then increased slightly to 0.59 US dollars per kg in 2014, before dropping to 0.41 US dollars per kg in 2015. The price then decreased further to 0.21 US dollars per kg in 2016, and then to 0.17 US dollars per kg in 2017. In 2018, the price increased to 0.23 US dollars per kg, before rising again to 0.30 US dollars per kg in 2019. The price then dropped to 0.20 US dollars per kg in 2020, before increasing to 0.31 US dollars per kg in 2021. The most recent data shows that the price of Soya Beans into Indonesia was 0.69 US dollars per kg in 2022. Based on the data, it is likely that the price of Soya Beans into Indonesia will remain relatively stable in the next two years. We predict that the price will be 0.31 US dollars per kg in 2023 and 0.69 US dollars per kg in 2024.Export values for Indonesia soya beans
The total values in export for soya beans in Indonesia were US$ 282, US$ 254, US$ 467 and US$ 1,121 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Indonesia: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of soya beans in other countries across Asia: Kazakhstan soya beans, Kyrgyzstan soya beans, Tajikistan soya beans, Turkmenistan soya beans, Uzbekistan soya beans, China soya beans, Hong Kong soya beans, Macao soya beans, North Korea soya beans & Mongolia soya beans.
Indonesia soya beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 3,682 tonnes of soya beans. For the year 2019 alone, the market for Indonesia soya beans (cereals/grains category) has climbed, flactuating by 79.173 per cent compared to the year 2018. Between 2017 and 2019, soya beans' exports grew by 149.97% earning the country US$1.12m for the year 2019. Indonesia's soya beans exports are categorised as:
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (HS code 120100)
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
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Indonesia soya beans export values
In 2019, Indonesia sold soya beans worth 1.12m USD, an improvement of 139.83% from 2018's total soya beans export of 0.467m USD. The annual growth in value of Indonesia soya beans between 2017 to 2018 was 83.858 pc.
The annual change in the volume of Indonesia's soya beans exports between 2017 and 2019 was 149.97 percent in comparison to a variation of 79.173% in the period between 2018 and 2019.
Indonesia's share of the world's total soya beans' exports in 2019 was less than 1%. The country holds number 15 in world exports of soya beans.
Export markets for Indonesia soya beans ( in '000$ )
Indonesia's leading export markets for soya beans are Saudi Arabia, India, Nigeria, Timor-Leste and Malaysia.
Import/Export Trends
Indonesia is a net exporter of soya beans. The annual growth of Indonesia soya beans in value between 2015 to 2019 was 26%, per year, while annual growth in quantity during the same period was 33%, per annum.
Indonesia procured 2,670,086 tonnes of soya beans in 2019.
Production
The production of soya beans in Indonesia was 2,820,000 tonnes in 2019 and is predicted to change by an average of -1.42%. The country had approximately 1,860,000.00 hectares under soya beans cultivation.