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INTERNATIONAL MARKET REPORT

10/31/2024

INDONESIA

MARKET PULSE

CURRENT EXCHANGE RATE: 15,698
CHANGE FROM LAST MONTH: +3.14%
VOLUME TO DATE: 0 BOXES
CHANGE FROM LAST YEAR: -100%

(SOURCE: WSTFA)

Feedback from the Trade on Their Plans and Interest in the USA Pear Season:

Laris Manis Utama whom interested in USA Pears last month, inform us that they will try to contact their supplier about the availability to supply them a pallet or two pallet of US Pears.

Expectations for Any Freight or Logistics Challenges:

Most of the importers expect about regular ship schedules and stable shipping prices

Opportunities in Your Market for Specific Varieties, Sizes, and Grades:

Red Anjou and Star Krimson is the right choice for Indonesia market with size 70-80 and 100% grade

Update on the Competition in the Market:

Indonesian social medias were circulating reports of Chinese Shine Muscat Grapes not safe to consume due to the toxic pesticide residue. but most of the display in the market now is still Shine Muscat.

Political or Economic Issues Impacting Imports, Retail, or Consumer Behavior:

Indonesian Rupiah weakened further to Rp. 15.750 over USD1. A report from Kerry Group titled Savouring the World with Authentic Taste of Indonesia stated that Indonesian tend to choose local food rather than foreign cuisines due to familiar flavor, food satisfaction and richness of flavor.

Other Brief Comments:

One of the middle supermarket which is Super Indo Supermarket opened 5 new outlet this week

COMPETITION: RETAIL PRICING AND SIZES

PRICE RANGE (per lb)
SIZE RANGE
COUNTRY
Singo
$0 $89900.00 $107500.00 $4.50
150 120 100 80 60
South Korea
Forrelle
$0 $61800.00 $67900.00 $4.50
150 120 100 80 60
South Africa
Packham
$0 $39800.00 $49900.00 $4.50
150 120 100 80 60
South Africa
Xiang Lie
$0 $39500.00 $58899.99 $4.50
150 120 100 80 60
China
Singo
$0 $42500.00 $44900.00 $4.50
150 120 100 80 60
China

UPCOMING ACTIVITIES