Indonesia - AEGIC · 2018-08-22 · Indonesia. AUSTRALIA’S BIGGEST WHEAT CUSTOMER. AEGIC is an...
Transcript of Indonesia - AEGIC · 2018-08-22 · Indonesia. AUSTRALIA’S BIGGEST WHEAT CUSTOMER. AEGIC is an...
IndonesiaAUSTRALIA’S BIGGEST WHEAT CUSTOMER
Each year Indonesia buys
There will be more than
new Indonesian mouths to feed
by 2030
More noodles More bread More cakes and cookies
More grain-fed meat
Less rice
4.2mmtof Australian wheat
worth
$1.2b
That’s nearly 1/4 of all Australian wheat exports
AUSTRALIAN WHEAT EXPORTS
Indonesia China Japan
Vietnam Philippines Other countries
30m
Population – 2018
263m
Population – 2030
295mThat’s more than the entire population of Australia!
Increasing wealth and rapid urbanisation means diets are changing
INDONESIANS ARE EATING
Indonesia
AEGIC is an initiative of the Western Australian State Government and Australia’s Grains Research and Development CorporationWHA418013EN
IndonesiaAUSTRALIA’S BIGGEST WHEAT CUSTOMER
AEGIC is an initiative of the Western Australian State Government and Australia’s Grains Research and Development CorporationWHA418013EN
CHECK LIST FOR OPPORTUNITYIndonesia will continue to be a major wheat export opportunity for Australia, influenced by these factors.
POPULATION GROWTHEach year Indonesia has another
2.8m people to feed.
INCOME GROWTHIndonesia’s per capita income is rising rapidly, increasing 40% in a decade.
PROXIMITYIndonesia is on
Australia’s doorstep.
URBANISATIONIndonesia is rapidly urbanising, leading to less rice consumption and more wheat consumption.
TRADE POLICYIndonesia does not restrict
milling wheat trade.
LIMITED DOMESTIC SUPPLYIndonesia has little land suited
to wheat production. It relies on wheat imports.
Keep up to date with AEGIC’s analysis at aegic.org.au
WHAT DOES THIS MEAN?
Australia needs to ensure Aussie wheat meets Indonesia’s needs while delivering value for growers.
Keep up to date with AEGIC’s analysis at
aegic.org.au