Export Opportunities for Indonesian Processed Coconut Products Are Considered Great

Published 2020년 8월 20일

Tridge summary

The article highlights the bright future of Indonesia's processed coconut product exports, given the rising global demand. In 2019, the world's coconut trade might have seen a decline, but not all products were affected. Indonesia's coconut export value in the same year was $2.17 billion, with coconut oil being the largest contributor. The government was called upon to resolve the raw material issue for charcoal production, and efforts to increase coconut coir processing were emphasized, as Indonesia currently meets only three percent of the world's demand. The article also pointed out the challenges, such as aging coconut trees and low productivity, facing Indonesia's coconut sector.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

REPUBLIKA.CO.ID, JAKARTA - The export opportunities of processed coconut products from Indonesia in the future are considered to have great prospects. This is because the world market demand for these commodities is increasing. The Pirmansah Research from the International Coconut Community in Jakarta, Thursday (20/8) stated that the demand for processed coconut products has increased with a total value of US $ 11.6 billion in 2019, the largest processed product. coconut meat 3.91 billion US dollars, coconut water 3.41 billion US dollars, 2.21 billion US dollars of shell, and 0.2 billion US dollars of coir. According to him, in general the world coconut trade in 2020 will decline but not big and not for all products. "When other countries have difficulty fulfilling demand, this is an opportunity for Indonesia to replace. In the long term the prospect is positive even though there are many challenges that must be overcome," he said. Especially for Indonesia, according to him, the ...

Source: Republika