On-the-Ground Updates

Increasing Operational Costs for Fishermen Due to Rising Oil Prices In Indonesia

Other Frozen Whole Fish

Indonesia

Market & Price Trends

Hendri Kurniawan

Published Sep 12, 2022

The increasing oil price in Indonesia has increased the operational costs for fishermen. The Ministry of marine affairs and fisheries plans to make a subsidy policy for fishermen regarding oil prices, but this is still uncertain. The operational costs for fishermen increased up to USD 337/week in September and the weekly sales for fishermen are not covering the operational costs due to the high fuel prices.

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