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Indonesian Rice Imports Expected to Increase in 2012

28 November 2012
USDA Foreign Agricultural Service

INDONESIA - It is estimated that Indonesian rice imports will increase to 1.7 million metric tons. The government recently granted the Indonesian National Logistics Agency (BULOG) permission to import enough rice to achieve 2 MMT in stocks through the end of MY 2011/12.

Based on weather forecasts, it is expected that there will be a delay in this year's first paddy crop to the end of this month or early December in the country's major rice-producing regions. As a result, the first main harvest is also predicted to be delayed to late March or early April of 2013.

According to the USDA's latest report, Indonesia Grain and Feed Update, consumption of rice is expected to increase to a mere 39.550 MMT, compared to 39 MMT the previous year. However, consumption has been estimated to further increase to 40 MMT.

Indonesia's ending rice stock is estimated to drop to 4.8 MMT and further decline to 3.175 MMT because of higher consumption and and lower beginning stocks.

According to the Indonesian National Statistics Agency (BPS), there has been a slight increase in the average price of paddy from Rp. 3,725.14/kg in April 2012 to Rp. 3,911.14/kg in September 2012.

Further Reading

You can view the full report by clicking here.

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