Soy be a n
Quant it y( t on) alue( US$ Thou Quant it y( t on) alue( US$ Thou Quant it y( t on) alue( US$ Thou Quant it y( t on) alue( US$ Thou Quant it y( t on) Value( US$ Thou.)
Pr oduct ion 75,854 18,379 598,356 153,957 617,444 182,763 659,291 218,819 487,736
Mar ket shar e( % ) Pr oduct ion 0.4 ( % ) 3.0 ( % ) 3.2 ( % ) 3.1 ( % ) n.a.
in t he Wor ld Expor t 2.2 ( % ) 0.6 ( % ) 0.4 ( % ) 0.2 ( % )
Dom est ic Consum pt ion 3,204,412 776,429 4,058,344 1,044,212 4,120,227 1,219,587 4,186,157 1,389,386
Expor t t o Top 5 count r ies
1. Taiw an 0 0 0.0 0 0 0 44.0 1.7 n.a.
2. I ndia 0 0 0 0 68.9 20 0 0
3. Japan 0 0 19.9 20 0 0 0 0
4. Hongkong 21.0 15 106.0 96.6 0 0 0 0
5. Viet nam 1,138.2 250 0 0 0 0 0 0.0
6. Ot her s 28.8 79.8 235.4 35.5 169.0 279.9 73.5 12.0
Tot al Expor t 1,188.0 344.9 361.3 152.3 237.9 300.0 117.5 13.70
I m por t fr om Top 5 count r ies
1. USA 399,472 72,703.9 1,121,963 203,075 1,122,900 250,407 549,759 152,283 n.a.
2. Ar gent ine 0 0.0 77,187 13,971 10,276 2,292 92,805 25,707
3. Malaysia 93,429 17,004.1 76,382 13,825 17,983 4,010 5,255 1,456
Canada 10,503 1,911.5 47,617 8,619 18,393 4,102 353 98
Singapor e 14,207 2,585.7 37,546 6,796 549 122 38 11
Ot her s 618,808 112,623.1 4,558 825 22,616 5,043 3,770 1,044
Tot al I m por t 1,136,419.0 206,828.3 1,365,253.0 247,111 1,192,717.0 265,976 651,980.0 180,598
Year Har vest Ar ea ( Ha) Pr ovince Pr ovince
2001 678,848 NTT NTB
2002 544,522 East Java Nor t h Sum at ra
2003 526,796 West Java NAD
2004 565,155 Cent r al Java
Oppor t unit y for I nvest m ent
I ndonesia
Sou r ce s: Pr oce sse d D a t a by D e pa r t m e n t of Agr icu lt u r a l 2 0 0 5
N ot e :
2001 2002 2003 2,004
182 181 273 277
2001 2002 2003 2004
Rp/ KG 2,520.27 2,300.11 2,505.51 3,073.63
USD/ KG 0.242 0.257 0.296 0.331
Avg of e.r
( USD/ Rp) 10,400 8,940 8,465 9290
indicat ing t hat t hey have com pet it ive advant ages for bot h int er r egional t r ade and im por t subst it ut ion. This m ight be one fact or det er m ining t he declining ar ea of soybean in
I n t e r n a t ion a l Pr ice of Soy be a n ( USD / M T)
D om e st ic Pr ice of Soy be a n
The biggest supplier count r y is USA w it h 550 t housand t on in year 2004, follow ed by Ar gent ine( 92 t housand t on) and Malaysia( 5 t housand t on) .
Sw ast ika ( 2003) , said t hat I ndonesia r ecent ly included soybean, one of it s m aj or food cr ops, in a " st r at egic com m m odit y" but I ndonesia has no com par at ive or com pet it ive advant age in pr oducing soybean. The r evenue cost r at io ( RCR's) value is gr eat er t han one, m eaning t hat USD 1 ear ned fr om soybean pr oduct ion r equir e m or e t han a USD 1 r esour ces cost ( Gonzales, 1993) . Am ong t hr ee m ain food cr ops ( r ice, m aize, and soybean) soybean is t he least efficient cr op t o gr ow . The RCRs of r ice and m aize ar e gener ally less t han one I ndonesia soybean pr oduct ion in t hese 5 year s is r elat ively st agnant on a low level, ave. 487t housand t on/ year ,in ot her w or ds, less t han 1% of t he w or ld pr oduct ion. Nat ur ally, dom est ic consum pt ion cannot be fulfilled. To m eet t he dem and, gover nm ent st ar t ed t he " Soybean Aw akem ent " m ovem ent w hich w as not succesful.
Alt hough t his pr ogr am has decr eased t he expor t - im por t volum e deficit fr om 1.1 m ill t on in year 2001 t o 651.8 t housand t on ( w it h t he value of 180.5 j ut a US $) , it couldn't cover t he dom est ic dem and. Wit h such a t r em endous dem and and t he nat ional pr oduct ion t hat cannot fulfill t his, nat ur ally im por t m ar ket is w idely open.
320.1 2005 611,059 Sout h
Sum at r a 310.0
2005
Pr oduct ion in 2003 ( Ton) Pr oduct ion in 2003 ( Ton)
BLANK
426.8 218.0
364.1 123.4
338.5 106.7
