Sugar Prices Increase for 12 Consecutive Months Until November 2023

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Adi Ahdiat 04/12/2023 14:20 WIB

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According to data from the Ministry of Trade, the average price of granulated sugar in Indonesia increased for 12 consecutive months, from December 2022 to November 2023.

National Average Monthly Price of Granulated Sugar (November 2018-November 2023)

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National Average Monthly Price of Granulated Sugar (November 2018-November 2023)

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According to the Ministry of Trade's data, the average price of granulated sugar in Indonesia reached Rp16,538 per kilogram (kg) in November 2023.

This price increased by 6.2% month-on-month and 15.6% year-on-year, setting a three-year high.

The national average price of granulated sugar has been rising for 12 consecutive months since December 2022, with a sharper increase since September 2023.

However, as of November 2023, the price of granulated sugar remains lower than the record high at the beginning of the pandemic, when the average price reached Rp18,440 per kg in April 2020.

Broken down by region, in November 2023, 17 provinces had granulated sugar prices higher than the national average, while 17 others were below the average.

The following is a list of the 10 provinces with the highest average granulated sugar prices in November 2023:

1. North Maluku: Rp17,864 per kg
2. Aceh: Rp17,536 per kg
3. Gorontalo: Rp17,523 per kg
4. Maluku: Rp17,482 per kg
5. South Kalimantan: Rp17,336 per kg
6. North Sulawesi: Rp17,334 per kg
7. West Papua: Rp17,261 per kg
8. Riau: Rp16,952 per kg
9. Papua: Rp16,925 per kg
10. Southeast Sulawesi: Rp16,923 per kg

The following is a list of the 10 provinces with the lowest average granulated sugar prices in November 2023:

1. Jambi: Rp15,477 per kg
2. Jakarta: Rp15,614 per kg
3. Bangka Belitung: Rp15,768 per kg
4. Bali: Rp15,823 per kg
5. East Java: Rp15,864 per kg
6. South Sumatra: Rp15,866 per kg
7. Riau Islands: Rp15,975 per kg
8. West Java: Rp16,002 per kg
9. Banten: Rp16,011 per kg
10. South Sulawesi: Rp16,068 per kg

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."