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Indonesia promotes fishery products at Tokyo expo

In this exhibition, the Trade Ministry is seeking to increase exports to (Japan’s) surrounding countries

Jakarta (ANTARA) – The Trade Ministry is promoting Indonesian fishery products at the 25th Japan International Seafood & Technology Expo (JISTE) in Tokyo, Japan, from August 23–25.

Director General of National Export Development at the ministry Didi Sumedi said in a statement received here on Thursday that Indonesia’s participation in the exhibition is aimed at maintaining the value of the country’s fishery product exports, especially to the Japanese market and surrounding countries.

“Japan is one of the main export destinations for Indonesian fishery products. In this exhibition, the Trade Ministry is seeking to increase exports to (Japan’s) surrounding countries,” he explained.

Deputy Chief of Mission of the Indonesian Embassy in Tokyo, John Tjahjanto Boestami, said that Japan has a large market for fishery products.

Given the huge size of the market, Indonesia must continue to increase the volume of its exports to Japan, he added.

The total import value of fishery products into Japan has reached US$11.6 billion, he said.

“This is supported by Indonesian fishery products that are fresh, diverse, abundant, and very much liked by Japanese consumers. Hence, participating in this exhibition is important to maintain the Indonesian fisheries export market in Japan,” Boestami added.

Indonesia’s stand at the exhibition is showcasing 11 fisheries business actors from Papua, Sulawesi, Java, Bali, and Sumatra.

It is exhibiting flagship products that are the Japanese market’s favorites, like shrimp, crab, tuna fillets, fresh tuna, canned fish products, squid, and a variety of processed fish as well as seafood products.

In the January–June 2023 period, the export value of Indonesian fishery products was recorded at US$227 million, an increase from US$225.5 million the previous year.

Meanwhile, the export value of Indonesian fishery products to Japan was pegged at US$519.1 million in 2022.

Reporter: Maria C, Kenzu
Editor: Sri Haryati
COPYRIGHT © ANTARA 2023

 

Source: https://en.antaranews.com/news/291909/indonesia-promotes-fishery-products-at-tokyo-expo

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Indonesia Aims to Produce 2 Million Tons of Shrimp Annually

TEMPO.COJakarta – The government is targeting an annual production of shrimp of up to 2 million tons starting in 2024. Director General of Aquaculture of the Maritime Affairs and Fisheries Ministry (KKP) TB Haeru Rahayu said this poses a challenge in increasing food demand as it comes in line with a potential population spike as in 2045, Indonesia’s population is projected to reach 318.9 million.

“Automatically, an increase in population and an increase in food demand will increase demand for fish. Which is why we are required to increase production,” said TB Haeru in a discussion specifically about this shrimp production growth on Saturday, April 8. “This is a logical consequence of an increase in population.”

Haeru is optimistic about facing the magnitude of this near-future production goal and believes that the domestic shrimp farming capabilities can meet the projected future demands. Currently, the projected farming space reaches 2.9 million hectares and is backed by the climate all year round that supports the production.

“It is this strength that we have that pushed the government to set the target of 2 million tons,” he said.

However, he does not deny that there are still a number of weaknesses in realizing this shrimp production goal, which include the lack of quality broodstock and seeds, inadequate providers of quality seeds, cultivated land that does not meet technical criteria, high production costs, and raw materials that are still imported.

Another weakness he mentioned lies in the traditional cultivation method which means it is still untouched by modern technology.

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Seafood trade officials from Japan, Indonesia, South Korea playing vital liaison role in US market

Trade officials representing the Asian countries of Japan, Indonesia, and South Korea are hoping the days of dealing with the complications of selling seafood to the U.S. market during the Covid-19 crisis are over.

Hur Soo Youl, the team manager of the international sales department of K-Fish, the promotional group for seafood from South Korea, said the 24 companies in the country’s pavilion at the 2023 Seafood Expo North America were reporting their business interactions were “pretty much back to normal” this year.

“There has been a regular flow of business. We’ve particularly noticed the Chinese vendors are back this year,” he said through an interpreter. “Because of Covid we weren’t as active, but we’re here now to aggressively promote Korean seafood.”

Hur said the companies in the Korean pavilion were marketing live crab, flounder and other flatfish, organic seaweed, frozen oysters, and abalone at Seafood Expo North America.

“The U.S. market has such potential, but U.S. seafood consumption is so limited,” Hur told SeafoodSource. “We are trying to continue to serve the ethnic market through stores like HMart, while also making products suitable for the mainstream retail and foodservice market.”

Hur said Korean seafood companies targeting the U.S. market are focused on two trends: health-consciousness and value-added products for home dining.

“People want healthy food, and people are eating more at home now,” he said. “With the economy and inflation, things are getting expensive, so we want to have products for people eating at home instead of dining out.”

Dongwon Industries is by far South Korea’s largest seafood company, and Hur acknowledged Dongwon’s market research and development resources are much larger this his own agency’s.

“We’re here to help out the seafood producers that are not as big as Dongwon, the smaller producers that are just getting started in exporting. We aim to help them export to the United States, and also to educate them on U.S. import rules.”

Berny A. Subki, the director the Indonesia Ministry of Marine Affairs and Fisheries Directorate of Logistics, said the 14 companies that participated in Seafood Expo North America as part of the Indonesian Pavilion had banked more than USD 13 million (EUR 12.3 million) in deals on the show floor, in line with expectations.

“We are back in terms of production and exports,” Subki said. “Also, cargo prices have been improving, so now it’s getting normal and getting better after the problems we had during the pandemic.”

The pandemic provided a “blessing in disguise” in giving Indonesian seafood companies and the Indonesian government time and space to improve quality control and production improvements, Suki said.

“We had two years to improve and to change some or to correct some of the mistakes that we had in previous times,” he said. “Now we are optimistic to be back in the global markets in better shape.”

Indonesia is one of the top shrimp, tuna, pangasius, and blue swimming crab exporters to the United States, and Subki said his country’s government and seafood industry believe there is additional room for growth in those species, as well as other species like tilapia.

“We are quite optimistic,” he said. “We also hope to see U.S. seafood consumption growing, which will help the Indonesian people and factories.”

With so many different species in play, Subki said his agency stays busy maintaining a steady stream of communications with Indonesian seafood firms looking to do business in the U.S., especially regarding import rules and best practices.

“The main target is to return to the situation that Indonesia reached before the pandemic. “We are seeing from the results of the previous year, 2022, very significant progress and there is hope that we can improve more in the coming [year] and future years.”

At the Japan Pavilion, 13 companies exhibited this year, led by Japan External Trade Organization (JETRO) Executive Director Hideyuki Takahashi. He said word amongst his exhibiting firms was that traffic and business was up at this year’s expo.

“We have had a lot more people coming by, and I would guess the results out of the show will be higher compared with last year,” he said.

The companies in the Japan Pavilion were selling a range of products, but hamachi and octopus were species of emphasis at this year’s expo, according to Takahashi.

He said the differentiator for Japanese seafood in the U.S. market is the technology that the country’s seafood providers apply to their processes to ensure the best quality and taste.

“This is something which is unique to Japan,” he said. “When you see our product compared to others, you can easily tell the difference.”

Asked what his main goal is at Jetro, Takahashi said it touting Japanese products in the U.S. market.

“Japan has a lot to offer,” he said. “So I would like U.S. consumers to select Japanese [products].”

Photo courtesy of Cliff White/SeafoodSource

 

Source: https://www.seafoodsource.com/news/supply-trade/seafood-trade-officials-from-japan-indonesia-south-korea-playing-vital-liaison-role-in-us-market

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Optimize opportunity to expand shrimp market share: VP

Shrimp cultivation offers a potential economic value

 

Kebumen, Central Java (ANTARA) – Vice President Ma’ruf Amin has called for all-out efforts to increase Indonesia’s shrimp market share and achieve the shrimp export target of US$4.3 billion in 2024.

“We must be able to optimize the precious opportunity to increase the market share of this industry,” he said at the Vaname Shrimp First Harvest event at the Area-Based Shrimp Cultivation Pond (BUBK) in Kebumen, Central Java, on Monday.

Indonesia is the third-largest shrimp exporter in the world, just below Ecuador and India, he noted adding, the archipelagic nation’s shrimp market share is still stuck at around 6 percent.

According to Amin, the transition of the COVID-19 status from pandemic to endemic has provided a momentum and an opportunity to the country to recover and strengthen its resilience in the fishery-food sector, including by optimizing shrimp cultivation.

“Shrimp cultivation offers a potential economic value. The shrimp exports during this year’s first quarter contributed as much as 32.5 percent to Indonesia’s overall fishery products exports,” he pointed out.

Vice President Amin then stressed that success in shrimp cultivation could likely result in the achievement of the shrimp export target.

To make Indonesia a big player in the shrimp industry and in shrimp exports, related parties should make all-out efforts, including by strengthening various aspects upstream and downstream, he added.

In the upstream domain, the government will need to establish cultivation facilities with the capability of producing superior seeds as well as build area-based cultivation ponds to bolster production.

Meanwhile, in the downstream domain, the country will need to produce competitive processed shrimp products with high added value and penetrate more markets.

“Therefore, today’s shrimp-harvesting activity should be treated as an important momentum to support the revival of Indonesia’s fishery sector, especially its shrimp cultivation,” Amin said.

Reporter: Rangga Pandu, Tegar Nurfitra
Editor: Sri Haryati
COPYRIGHT © ANTARA 2023

 

Source: https://en.antaranews.com/news/286395/optimize-opportunity-to-expand-shrimp-market-share-vp