Indonesia is the largest economy in the Association of Southeast Asian Nations (ASEAN) region. In the past two decades, Indonesia’s economy has grown robustly and was able to avoid a recession during the global financial crisis between 2007 and 2008. Indonesia’s Gross Domestic Product (GDP) in 2016 was USD 932.4 billion and regarded as the 16th largest economy in the world. Although Indonesia has experienced steady and sustainable foreign direct investment (FDI), the government continues to conduct further deregulations to attract more investors and push higher economic growth. It is projected that by 2050, Indonesia will become the fourth largest economy in the world, behind China, India and the US.
The food industry and also the machinery and equipment industry are part of the ten priority industry groups in Indonesia’s industrial development plan 2015-2035. The development plan aims to increase local industry’s competitiveness and productivity.
The imported value of machinery or technology related to food and beverage in 2016 reached a total close to USD 5 billion. During the year, the majority shares of imported food processing and packaging machinery are from China (20.0%), Germany (13.9%), Malaysia (13.8%) and Italy (12.1%). As for imported compressors and vacuum technology, the majority shares of imports originated from China (36.9%), Japan (13.1%), the US (11.2%) and Singapore (7.9%). Other imported technology relating to food and beverage includes handling equipment and electrical appliances. Products and technology that are imported from Singapore could originate from different countries.
Market size, structure, major players and business opportunities for Swiss machinery suppliers
This market study study focuses on the food and beverage processing industry in Indonesia. It provides an overview of the Indonesian economy and looks into the specific market information for food processing machinery. The report shows business opportunities and challenges for Swiss machinery suppliers in entering the Indonesian market and includes analyses on customers, competitors, and the industry as well as distribution channels. Other information which is also covered are characteristics of the food and beverage industry, market size and structure, major players, market trends and projections.
More information about Indonesia
Register for a Country Consulting session from 5-7 June to explore your opportunities in Indonesia
