Indonesia: Drag sardines supply, fish canning industry stressed

Published 2022년 8월 10일

Tridge summary

The Indonesian fish canning industry is under pressure due to a supply shortage of sardines, driving up prices in the market. The majority of sardines used are locally sourced, but imports from countries like China, India, and Japan are necessary to meet demand. However, these imports are becoming more difficult due to similar supply issues in other countries and increasing logistics costs. As a result, fish canneries have seen a price increase of 10-20% for canned fish products, and producers are reducing production to mitigate financial losses. The Indonesian Fish Canning Association (APIKI) is calling on the government to help identify new sardine sourcing areas and improve the sardine import trade system to simplify the process for businesses.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Reporter: Dimas Andi | Editor: Anna Suci Perwitasari KONTAN.CO.ID - JAKARTA. Pressure is currently afflicting the fish canning industry players. This is due to the scarcity of sardines supply which makes the price of the fish creep up in the market. Chairman of the Indonesian Fish Canning Association (APIKI) Hendri Sutandinata said the average national demand for sardines is around 235,000 tons per year. From there, the number of sardines that are utilized is around 150,000 tons. However, in the last 10 years it has not been easy to obtain a supply of sardines. This is due to natural factors such as weather, climate change, to the decline in the number of sardines in Indonesian oceans. This year, business actors have again experienced the problem of scarcity of sardines supply. Moreover, the sardine catch area in Indonesia is only concentrated in the Bali Strait. When domestic supply is reduced, like it or not, imports must be carried out to meet the needs of sardines for fish ...
Source: Kontan

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