PASTRY, BAKERY AND ICE CREAM PARLONS, COFFEE SHOPS GROWTH IN INDONESIAN General Economic Outlook of Indonesia stronger domestic demand generated slightly faster growth in Indonesia, Southeast Asia’s biggest economy, in the first half of 2016. Growth this year and next is seen trending higher but at a lower trajectory than envisaged in March owing to a more moderate increase in investment than earlier anticipated. Inflation is milder than projected earlier, so forecasts for 2016 and 2017 are lowered. Indeed, inflation in 2016 could be the lowest in 16 years. Current account deficits will be narrower than forecast in March. It is predicted that while the global economic environment will remain uncertain in 2017 Indonesias economic will growth higher than in 2016. In 2016, national economic growth was initially set at 5.3 percent and later revised downward to 5.1 percent due to the economic downturn. By contrast, the target for 2017 has been set at 5.1 percent yet growth could reach 5.3 percent. Consumer Lifestyle Trends Consumer lifestyles continuously shifted, particularly in Indonesia’s larger cities, during the review period. Consumers in big cities started to appreciate more practical and convenient ways of serving and eating meals. Baked goods thus successfully gained more attention. Manufacturers easily capitalised on the rising demand by providing wider distribution networks and increasing the number of retail outlets throughout the country. They also increased category penetration by offering several new variants. This innovation comprised all areas, including bread, cakes and pastries. Artisanal bakeries continued to lead baked goods in Indonesia, with a share of 49%. Artisanal bakeries successfully maintained their prominence because of their firm presence both in independent retail bakery outlets and retail outlets inside shopping centres, particularly in big cities throughout Indonesia. Together with a number of individual “homemade-style” bakeries, the franchised players continued controlling baked goods in Indonesia. Indonesian consumers continued to perceive baked goods from these bakeries as being fresher and of better quality. Middle-income to highincome consumers maintained their preference for buying baked goods from these bakeries. Prospects Baked Goods (Pastry and Bakeries) Shows a potential to maintain positive volume growth over the review period. The middle- to high-income consumers are expected to continue driving volume growth of baked goods in Indonesia. The change of urban lifestyle, in which more consumers will enjoy the practicality and convenience of serving and eating baked goods as rice and noodles substitutes, will be the main driver. The aggressive promotion and new product developments from manufacturers will also boost the sales of baked goods in the forecast period. Other interesting shift are intakes of biscuits Biscuits, despite the fact that Indonesian consumers are striving for a healthier life, a series of new products in sweet filled biscuits were launched. Sweet biscuits continued to be a main driver of biscuits sales growth in 2014. After a number of new products including Tango Crunch Cake, Orang Tua Group launched another new product, Tango Kraffel (plain biscuits). Another company, Dua Kelinci, which used to specialise in nuts, entered biscuits in 2014, promoting new products Deka Crepes (Choco Nut and Choco Banana) and Deka Wafer Roll (Choco Choco and Choco Nut). Both products are categorised as filled biscuits. A number of new products within other areas were also launched, namely Arnott’s Shapes Cheezy (savoury biscuits and crackers) and Monde Chocolate Chips Cookies (cookies). Kraft Foods maintained its leadership in biscuits in Indonesia during 2013 and 2014 with a 20% value share. The company led not only savoury biscuits and crackers with its Jacob’s and Ritz brands, but also sweet biscuits, with its Oreo, Chips Ahoy! and Biskuat brands. The company targeted all segments of consumers. Oreo successfully maintained its lead in sandwich biscuits, targeting all age groups. Biskuat targets children, while Jacob’s, with its high-calcium benefits, targets adults who are more health conscious. Mayora Indah closely tailed Kraft Foods, with a 17% value share in 2014. Prospects, biscuits is anticipated to post a CAGR of 4% in volume terms over the forecast period. The category will face difficulties in reaching stronger growth, given that a broad variety of biscuits is currently available in Indonesia, with a number of players targeting all segments. The already significant penetration of biscuits is likely to hold the category back from posting higher volume growth. Breakfast cereal, has also becoming a trends and the breakfast cereals manufacturers continued targeting middle-to upper-income consumers during 2014. Because consumers continued to perceive breakfast cereal products as premium products, they gained more attention from Indonesians consumers. The rising popularity of Western culture in Indonesia, and the growing awareness of healthy lifestyles aided the solid growth of breakfast cereals in Indonesia during the review period. Consumers believe that, despite the high unit price, breakfast cereals offer greater benefits for their physical health. With few competitors, Nestlé Indonesia continued to lead breakfast cereals with a value share of 58% in 2014. The company dominated the category with its wide brand portfolio, including Koko Krunch and Milo – the two leading brands in children’s breakfast cereals – and Nestlé Corn Flakes, the leading brand in flakes. Consumers perceived Nestlé Indonesia’s brands of breakfast cereals as high quality products at affordable prices. Most consumers in Indonesia consider Nestlé’s cereals to be a highly suitable meal for their family, specifically, their children. Prospects, the rising popularity of Western lifestyles and the need for more practical ways of serving and eating meals will continue to drive demand of breakfast cereals over the forecast period. The category is expected to register a CAGR of 10% in constant value terms. The growth will also be highly influenced by the diverse use of cereals, particularly RTE cereals in Indonesia. In addition to cereals for breakfast, cereals namely Koko Krunch and Nestlé Corn Flakes will gain more popularity as convenient snacks and main ingredients in homemade cookies. In addition, breakfast cereals, specifically hot cereals are expected to post solid growth given that Indonesian consumers are looking to achieve healthier lifestyles over the forecast period. Consequently demand for the wheat gains in Indonesia increasing. Wheat Gains in Indonesia – Downstream Opportunities on the Rise A less than stellar beginning to 2016 has analysts across Indonesia taking steps to recalibrate industry projections for the year amidst concerns of a longer than expected blip in economic performance. In a particularly challenging position are the country’s many import-reliant industries, which for the most part have struggled to cope with their exposure to the fluctuation of the local currency. Amidst this context of a widespread move to keep expectations in check for 2016, however, are a handful of industries whose continued growth in spite of prolonged economic headwinds points to the archipelago nation’s resilience. Foremost among these thriving fields of business is the wheat and baked goods industry, buoyed by surging demand over the last decade that has been largely unencumbered by the recent downturn Now already the world’s second largest importer of wheat grain, Indonesia has in recent years taken steps to capitalise on the market’s strengthening appetite for wheat-based goods Indonesia’s wheat imports have risen by a cumulative 63% over the last decade – a trend expected to persist going forward according to the USDA Foreign Agricultural Services’ projection of a 5.3% growth in imports to reach 8 million metric tonnes between 2016 and 2017. The Association of Flour Producers in Indonesia (APTINDO) is even more bullish in its outlook for domestic wheat demand, predicting that imports could reach a record 10 million metric tonnes in 2016 as an indirect result of government action to limit the import of corn for the animal feed industry. Now already the world’s second largest importer of wheat grain, Indonesia has in recent years taken steps to capitalise on the market’s strengthening appetite for wheat-based baked goods. Having previously laid claim to only four operating flour mills as of 1998, the country now serves a production base for 31 flour mills with a total installed capacity of 11.2 million metric tonnes per annum (USDA). Given the ready availability of locally-processed wheat flour supply and the market’s growing taste for bread and noodles, the downstream wheat-based product industry presents opportunities abound for investors. New demand for noodles, the rising popularity of wheat in Indonesia can in part be attributed to its suitability for use in a number of food products that have become increasingly ingrained in local diets. Noodles, as the wheat-based product to have enjoyed the most success in penetrating the local market, continue to dominate wheat flour use in Indonesia, accounting for 70% of total consumption. Having emerged as an inexpensive alternative to rice that offers the added advantage of convenience, instant noodles in particular have emerged as a consumer favourite in Indonesia, with the country placing second only to China in a 2015 Financial Times report on the world’s biggest consumer of this product. The Indonesian market’s loyalty to a handful of firmly entrenched brands – such as Indofood Sukses Makmur and Wings Group, who together control nearly 80% of market share of instant noodles – however, means that opportunities for new entrants to this area of business in Indonesia are more likely to thrive by anticipating that demand for instant noodles will transition into a preference for more sophisticated varieties of this meal type. The launch of a host of new restaurant chains in Jakarta offering ramen and udon dishes certainly speaks to the early stages of this trend taking place. Investors requiring further evidence of this pattern should look to the current strategies of prominent wheat flour manufacturers such as Sriboga Raturaya that have increasingly turned their attention to restaurant franchise opportunities as a means of taking full advantage of strong wheat flour supply. Bread for the masses, the scope of downstream opportunities in Indonesia’s wheat flour industry, as well as the growing popularity of wheat generally, is closely linked to the country’s expanding middle class and its openness to international foods. Though often used too readily in market analysis extolling Indonesia’s economic potential, this emerging middle class has indeed already made a considerable impact in driving demand for breads and cakes purchased in bakeries – a trend that bodes well for the ongoing push to integrate other wheat-based baked products into modern retail outlets. Research carried out by Rabobank found that the sale of baked goods rose by 11.7% CAGR in value and 5.5% in volume between 2010 and 2015, with half of the Indonesian bakery market value coming from artisanal bakeries specifically focused on catering to the needs of the middle-upper class. BreadTalk stands among the most noticeable success stories in Indonesia, having leveraged its understanding of local consumers’ current preference for bread as a sweet snack, as opposed to a replacement for rice as the cornerstone of most meals. The Singaporean bakery franchise first entered the country in 2003 and has since opened 162 stores across the nation, thereby precipitating the entry of new competitors including South Korean franchise Tous Les Jours. Greater appreciation for bread and its subconscious acceptance as an ‘aspirational’ product demonstrative of a globally-influenced palate has also seen this wheat-based good experience a marked uptick in sales in minimarkets and convenience stores. Indoritel Makmur International through its Indomaret retail outlets has witnessed a 25-30% jump in bread sales (value and volume) every year for the last five years. Its leading competitor, Alfamart, in the first quarter of this year saw sales of its private label bread products rise by 81.3% year on year, despite dampened consumer spending over this period of time. A full basket of opportunities, with annual wheat consumption currently reaching only 29 kilograms per capita – a fraction of the level seen in more mature economies – Indonesia has considerable room to grow in building upon the recent boom in demand for wheat-based goods. Foreign investors keen to tap into this swelling market should look to make headway by actively seeking to provide solutions to challenges inherent to Indonesia; namely, logistics and the consequence of poor infrastructure in distributing wheat products across the country. With longevity very much a central concern for both retailers and end-users, there are clear opportunities to be had for businesses offering expertise in effective supply chain management to lessen time needed for delivery. Insights into the use of natural preservatives, frozen dough and vacuum packaging are thought to be particularly sought after among local manufacturers in search of new methods to boost shelf life without sacrificing the product’s nutritional value. Given the relatively recent addition of bread to local diets, the sheer scope of new wheat-based goods that can be introduced to the Indonesian market dictates that there are also openings for international entities with extensive experience in product development. Those that have succeeded in this domain have done so by paying close attention to the preferences of local consumers, and their aforementioned predilection for breads that primarily serve as a vehicle for sweet taste. Furthermore, as local consumers’ taste for wheat-based goods becomes more sophisticated so will their expectations for product packaging. This is especially true for wheat-based baked items such as pastries and cookies to be given as gifts – an ever-present aspect of Indonesian culture that becomes particularly evident during festive periods such as Ramadan – moslem festivity where the majority of Indonesia is moslem. Along with the growth of the pastry and bread and flour based products, cafe and bar are growing as interest of coffee and variaty of tea drinking is growing as well as ice creams parlons. Cafe and Bars Trends Cafés/bars was seen as more resilient than other consumer foodservice categories in 2015, particularly in comparison with full-service restaurants and fast food. In addition to the seemingly relentless growth of café culture among younger Indonesian consumers, the country’s cafes and bars have been adding more options to their menus. These new menu items include snacks, finger food and pastries as well as full meals. While it is now more common for cafes to sell food, specialist coffee shops in Indonesia have also been adding to their food offerings to include popular Indonesian and Western dishes such as fried rice, oxtail soup, chicken cordon bleu, burgers and sandwiches. Some returning customers are even coming back for the food on offer in these outlets rather than the beverages, despite overall sales still being dominated by drinks, with coffee leading the way. Furthermore, it is increasingly common for business meetings to be held in cafes, with lunch and/or coffee served afterwards. By serving more food, therefore, cafés/bars is increasingly presenting competition to full-service restaurants and fast food. Starbucks maintained the leading position in chained cafés/bars in 2015 and the chain’s brand remained unchallenged by any other brands at any point during the review period. The outlets of this specialist coffee shops chain have become synonymous with the lifestyles of the emerging young urban demographic across major cities in Indonesia. These outlets have increasingly come to be seen as meeting places for various occasions such as social gatherings, group study assignments and business meetings. The strong reputation of the Starbucks brand, the professional, fast and hospitable service, the attractive and comfortable ambience of the interiors of outlets and its menu of popular beverages ensured that the brand maintained its loyal customer base of the forecast period and remained the most successful aspects of the Starbucks chain in Indonesia. Furthermore, the company often conducts promotions, including free upsizing when using the credit cards of Bank Indonesia, the largest transactional bank in Indonesia, to make payment. Furthermore, in an attempt to boost the usage of Starbucks cards, a pre-paid card which can be used to make payment at Starbucks outlets, the company also holds various promotions for customers using these pre-paid cards to pay for their orders such as ‘buy one drink, get another free’ during 2015. Starbucks remained the highest contributor of sales to the food and beverage division of Mitra Adi Perkasa during 2015. Prospects The expansion of cafés/bars is expected to remain in a healthy state during 2016 and throughout the forecast period, in line with the anticipated improvements in the Indonesian economy and higher general spending on consumer foodservice. Café culture is still far from reaching saturation point in Indonesia and many cafes and specialist coffee shops are still available in more developed cities. The ongoing development of this category in Indonesia is expected to boost demand for cafés/bars in the future especially as it is seen more as part of a specific lifestyle than as an absolute necessity. The continuous infrastructure developments such as the toll roads that are currently built across the islands of Sumatra and Java are likely to spread to other islands and this is expected to benefit specialist coffee shops, a category in which outlets are often present in travel locations. The numbers of rest areas positioned along these toll roads are increasing as they offer facilities for resting in the middle of long journeys. The number of these rest areas is set to remain commensurate with the length of toll roads connecting major cities in Indonesia. Despite this, however, retail and standalone locations are set to remain dominant in cafés/bars during the forecast period, although the value share of travel locations is set to increase in the category. PASTRY, BAKERY, ICE CREAM, COFFEE MACHINERY IMPORTS AND ITALY MARKET SHARE : Given the increasing demand for wheat based products such as bread, pastry, biscuits, cereals etc, imports of wheats are increasing. Along with the tourism growth and the change of food habits, interesting growth can also be viewed in the Ho.Re.Ca sectors; Hotel, Restuarants and coffee shops as well as ice cream parlons. Consequently the demand of relevant machinery for pastry, bakery and confectionary, coffee and ice creams should also be interesting and from which countries most of these machinery are imported. A special survey definitely must be done, a comprehensive to have a detail information and variety of the products including the HS Codes of the machinery which are needed in the market. For identifying the machinery that can be offered by Italian manufactures in the Ho.Re.Ca sectors. This brief information is an initial short and brief information that tries serves some information based on the statistical datas process from the Central Bureau of Statistics office by selecting some HS Codes for the last 3 years (2013 – 2015) and in 2016 for the month of January – October, latest available datas. As followings information : IMPORT OF PASTRY 2016 (January-October) : MACHINERY 2013 – 2015 (January-December) & Value CIF (US$) Commoddity Country of Origin 2013 2014 2015 Jan‐Oct 15 Jan‐Okt 16 1) PASTRY, BAKERY (HS. 841720, 841780, 841790) 132,825,691 281,969,098 280,377,371 246,371,232 163,188,395 CHINA 56,549,355 179,538,243 219,845,062 192,317,475 118,383,572 JAPAN 29,783,166 25,073,067 14,782,191 12,518,979 8,223,998 TAIWAN 2,846,622 1,801,762 8,752,194 8,630,570 1,541,401 14,822,873 18,914,757 7,440,495 6,311,087 18,087,064 5,102,079 5,100,897 833,694 ITALY FINLAND 209,981 15,648 DENMARK 1,116,386 195,195 4,667,408 4,506,328 4,379,924 BELGIUM 223,074 3,269,271 4,158,225 4,136,593 351,125 INDIA 416,000 58,528 3,633,346 3,633,346 531,379 UNITED STATES 2,110,011 10,432,214 3,440,765 2,820,800 1,835,837 GERMANY, FED. REP. OF 4,800,391 17,519,812 3,026,945 2,713,194 3,822,698 Sources : Indonesia Central Bureau of Statistics 2013-2015, 2016 (January-October) Based on HS Code : HS Code 8417.20.00.00, 8417.80.00.00, 8417.90.00.00 (Bakery ovens, including biscuits ovens, others and parts), HS Code 8438.10 (Bakery machinery and machinery for producing similar products). Imports Duties for this types of Machinery are : 5% plus 10% VAT Indonesian Imports and Italian Market Share In US$ Dollar Share (Value) % Commoddity Country of Origin 2014 2015 Variation Value % Jan‐Oct 2015 Jan‐Oct 2016 1) PASTRY, BAKERY (HS. 841720, 841780, 841790) CHINA 63.67 78.41 78.06 72.54 2015/2014 Jan‐Oct 2016/2015 ‐0.56 ‐33.76 22.45 ‐38.44 JAPAN 8.89 5.27 5.08 5.04 ‐41.04 ‐34.31 TAIWAN 0.64 3.12 3.50 0.94 385.76 ‐82.14 ITALY 6.71 2.65 2.56 11.08 ‐60.66 186.59 FINLAND 0.01 1.82 2.07 0.51 32,505.31 ‐83.66 DENMARK 0.07 1.66 1.83 2.68 2,291.15 ‐2.81 BELGIUM 1.16 1.48 1.68 0.22 27.19 ‐91.51 INDIA 0.02 1.30 1.47 0.33 6,107.88 ‐85.37 UNITED STATES 3.70 1.23 1.14 1.12 ‐67.02 ‐34.92 GERMANY, FED. REP. OF 6.21 1.08 1.10 2.34 ‐82.72 40.89 Increasing trend of pastry machinery imports from Italy : Indonesian total imports of Pastry machinery are growing from year to year for the last 3 years ; in 2013 valued US$ 132,825,691 and increased to US$ 281,969,098 in 2014 and US$ 280,377,371 in 2015. Import mainly from Asian countries, China US$ 56,549,355 or 63.67% market share in 2013 and valued of US$ 179,538,243 or 78.41% market share in 2014 and US$ 219,845,062 or 78.06% market share in 2015. While in 2016 (Jan-Oct), Imports from China U$118,383, 572 compared with the corresponding year 2014 US$ 192,317,475. Decline by 38.44% Meanwhile imports from Italy showed a fluctuating trend for the last 3 years in which in 2013 import valued US$ 14,822,873 increased to US$ 18,914,757 (6.71% market share) in 2014 sliding to US$ 7,400,495 (2.65% market share) in 2015. While imports in 2016 (January-October) showed an increased with value US$ 18,087,064 compared with last year of the corresponding year 2015 (January-October) US$ 6,311,087 increased by 186.59% IMPORT OF BAKERY 2016 (January-October) : MACHINERY 2013 – 2015 (January-December) & Value CIF (US$) Commoddity Country of Origin 2013 2014 2015 2) BAKERY MACHINERY (HS. 84381010, 84381020) 76,567,052 46,304,267 54,106,352 43,483,274 52,385,220 JAPAN 29,824,052 6,655,075 18,318,959 12,964,280 5,424,525 CHINA 16,153,263 14,972,901 13,222,540 12,390,336 12,476,963 TAIWAN 3,184,321 2,165,794 5,299,510 2,740,691 3,371,878 160,484 79,885 4,265,087 4,265,087 2,865,106 9,172,791 7,281,980 3,993,064 2,956,396 3,241,959 1,016,610 1,112,400 2,406,409 2,406,409 1,285,094 633,499 339,983 1,713,321 1,698,510 1,432,048 UNITED STATES 3,184,771 2,477,997 1,606,231 1,584,339 1,194,345 GERMANY, FED. REP. OF 1,938,461 3,660,266 853,721 793,041 2,470,075 536,795 375,920 770,646 671,195 1,875,463 DENMARK ITALY PHILIPPINES MALAYSIA FRANCE Jan‐Oct 15 Jan‐Okt 16 Sources : Indonesia Central Bureau of Statistics 2013-2015, 2016 (January-October) Imports of Bakery Machinery HS Code 8438.10.10.00 electrically operated and HS Code 8438.10.20.00 and non electrically operated. Imports Duties for this types of Machinery are : 5% plus 10% VAT Share (Value) % Commoddity Country of Origin 2014 2015 Jan‐Oct 2015 Jan‐Oct 2016 BAKERY MACHINERY (HS. 84381010, 84381020) JAPAN 14.37 33.86 29.81 10.36 CHINA Variation Value % Jan‐Oct 2015/2014 2016/2015 16.85 20.47 175.26 ‐58.16 32.34 24.44 28.49 23.82 ‐11.69 0.70 TAIWAN 4.68 9.79 6.30 6.44 144.69 23.03 DENMARK 0.17 7.88 9.81 5.47 5,239.03 ‐32.82 15.73 7.38 6.80 6.19 ‐45.17 9.66 2.40 4.45 5.53 2.45 116.33 ‐46.60 ITALY PHILIPPINES MALAYSIA 0.73 3.17 3.91 2.73 403.94 ‐15.69 UNITED STATES 5.35 2.97 3.64 2.28 ‐35.18 ‐24.62 GERMANY, FED. REP. OF 7.90 1.58 1.82 4.72 ‐76.68 211.47 FRANCE 0.81 1.42 1.54 3.58 105.00 179.42 Sources : Indonesia Central Bureau of Statistics 2013-2015, 2016 (January-October) IMPORT OF ICE CREAM 2016 (January-October) : MACHINERY 2013 – 2015 (January-December) & Value CIF (US$) Commoddity Country of Origin ICE CREAM APPLIANCES AND MACHINERY FREEZER (HS. 821 2013 2014 2015 Jan‐Oct 15 Jan‐Okt 16 103,993,919 95,212,254 84,316,361 66,396,051 94,660,192 CHINA 52,028,805 49,331,380 56,024,713 44,016,530 56,637,581 THAILAND 31,334,689 23,832,457 11,833,490 10,329,219 16,130,048 MALAYSIA 6,608,517 5,827,388 6,347,090 5,181,344 9,779,686 LUXEMBOURG 2,164,653 448,362 3,885,638 1,772,890 6,589,829 KOREA, REPUBLIC OF 4,165,373 1,666,340 1,688,267 1,324,997 1,293,535 ITALY 830,191 980,815 1,272,870 1,172,279 811,192 JAPAN 749,530 809,068 737,040 555,861 373,698 TURKEY 976,092 2,113,894 734,211 655,073 875,830 GERMANY, FED. REP. OF 809,726 2,738,113 459,501 284,632 461,831 1,506,705 3,758,166 371,749 323,349 267,812 TAIWAN Based on HS Code 8210 (Hand operated mechanical appliances weighing 10kg or less used in the preparation conditioning and serving of food and drinks). Import duties : 10 % and VAT 10% HS Code 8418 (Refrigerators, freezers and other refrigeraing or freezing equipment, electric or other) Import duties : 15% and VAT 10% - Sales on Luxury Tax 10% Indonesian Imports and Italian Market Share In US$ Dollar Share (Value) % Sources : Indonesia Central Bureau of Statistics 2013-2015, 2016 (January-October) Commoddity Country of Origin 2014 2015 Jan‐Oct 2015 Jan‐Oct 2016 ICE CREAM APPLIANCES AND MACHINERY FREEZER Variation Value % Jan‐Oct 2015/2014 2016/2015 ‐11.44 42.57 CHINA 51.81 66.45 66.29 59.83 13.57 28.67 THAILAND 25.03 14.03 15.56 17.04 ‐50.35 56.16 MALAYSIA 6.12 7.53 7.80 10.33 8.92 88.75 LUXEMBOURG 0.47 4.61 2.67 6.96 766.63 271.70 KOREA, REPUBLIC OF ITALY 1.75 2.00 2.00 1.37 1.32 ‐2.37 1.03 1.51 1.77 0.86 29.78 ‐30.80 ‐32.77 JAPAN 0.85 0.87 0.84 0.39 ‐8.90 TURKEY 2.22 0.87 0.99 0.93 ‐65.27 33.70 GERMANY, FED. REP. OF 2.88 0.54 0.43 0.49 ‐83.22 62.26 TAIWAN 3.95 0.44 0.49 0.28 ‐90.11 ‐17.18 IMPORT OF COFFEE 2016 (January-October) : MACHINERY 2013 – 2015 (January-December) & Value CIF (US$) Commoddity Country of Origin COFFEE MACHINES SINGAPORE 2013 2014 2015 9,697,246 9,116,082 3,207,707 1,827,737 2,891,148 2,432,840 371,957 794,723 317,706 214,924 558,601 7,339,658 684,068 460,759 874,955 2,157,075 193,513 624,833 177,720 422,725 636,874 656,211 305,621 229,982 96,198 16,975 16,611 201,602 201,602 0 927,071 70,413 173,797 131,447 209,490 894,176 100,741 111,511 102,378 0 9,225 0 88,806 0 833,945 1,018,806 9,800 65,815 65,815 51,425 18,095 0 64,642 62,897 14,961 CHINA GERMANY, FED. REP. OF JAPAN NETHERLANDS ITALY SWITZERLAND PHILIPPINES INDIA UNITED STATES Jan‐Oct 15 Jan‐Okt 16 Coffee Machinery (82.10.00.00.00) and 84.19 Other machinery plants and equipments for making hot drinks of for cooking or heating food: electrically operated. Import duties for Coffee Machies are 12.5% Import Duty and 10% VAT Indonesian Imports and Italian Market Share for Coffee machines, : Share (Value) % Commoddity Country of Origin 2014 2015 Jan‐Oct 2015 Jan‐Oct 2016 COFFEE MACHINES SINGAPORE CHINA GERMANY, FED. REP. OF 4.08 7.43 Variation Value % Jan‐Oct 2015/2014 2016/2015 ‐64.81 58.18 113.66 ‐32.35 24.78 17.38 80.51 21.33 25.21 30.26 ‐90.68 89.89 2.12 19.48 9.72 14.62 222.89 137.86 JAPAN 7.20 9.53 12.58 3.33 ‐53.43 ‐58.17 NETHERLANDS 0.18 6.28 11.03 0.00 1,113.67 ‐100.00 ITALY 0.77 5.42 7.19 7.25 146.83 59.37 SWITZERLAND 1.11 3.48 5.60 0.00 10.69 ‐100.00 PHILIPPINES 0.00 2.77 0.00 28.84 ‐ ‐ INDIA 0.11 2.05 3.60 1.78 571.58 ‐21.86 UNITED STATES 0.00 2.02 3.44 0.52 ‐ ‐76.21 Singapore, China, Germany, Japan, Netherlands are dominating the imports of coffee machines to Indonesia. However Italian market share from 2014 to 2015 showed an increased from 0.77% up to 5.42% and 2016
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