Coffee producers and exporters in Indonesia are experiencing a boost in profits due to a significant rise in the value of the country’s coffee exports. According to the Central Statistics Agency (BPS), the export value of agricultural, forestry, and fishery products increased by 23.47% year-on-year (yoy), growing from USD 3.67 billion in January–October 2023 to USD 4.55 billion in the same period in 2024. Coffee exports have been a major driver of this growth. From January to September 2024, the export value of unroasted, decaffeinated robusta coffee (HS 09011130) reached USD 633.83 million, reflecting a 56.42% increase yoy. However, the volume of robusta coffee exports decreased by 12.58% yoy to 148,343.88 tons. On the other hand, arabica coffee exports grew by 41% yoy to USD 385.74 million, with a volume increase of 29.28%, totaling 50,802.84 tons.Moelyono Soesilo, Head of the Specialty & Industry Department at the Indonesian Exporters Association (AEKI), noted that while the export value has surged, volumes have been impacted by crop failures in lowland areas, exacerbated by El Niño. Despite this, rising global coffee prices have offset the reduction in volume. The price of robusta coffee has jumped from USD 3,000 per ton at the start of 2024 to USD 5,300 per ton in September. However, AEKI anticipates a price correction in the near future. Additionally, export demand, especially from Europe, has weakened due to oversupply issues and economic slowdowns. Nonetheless, Indonesia continues to see strong export potential in markets such as Japan, Malaysia, and the United States. Domestic coffee demand may slow down due to rising prices and economic challenges. Furthermore, producers are concerned about the impact of a planned VAT increase to 12% in January 2025, which could affect the local market.Source: https://industri.kontan.co.id/news/harga-meningkat-nilai-ekspor-kopi-indonesia-melesat (ICE GIACARTA)

Fonte notizia: KONTAN, 21 Novembre 2024