India becomes the king of world egg flour, and Indonesia is getting left behind

Published 2023년 2월 1일

Tridge summary

Indonesia is facing a growing reliance on imports of egg powder and soybeans, with India being the primary supplier. The import value and volume of egg powder have seen significant increases over the past year, despite Indonesia's self-sufficiency in soybeans in the past. The high cost of raw materials for animal feed in Indonesia is a key factor in the rising import dependence and the instability in egg prices. Musbar Mesdi, Chairman of the National Layer Breeders Association, has highlighted India's ability to produce egg powder at lower prices, which he attributes to India's self-sufficiency in soybeans and lower production costs.

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

Original content

Jakarta, CNBC Indonesia - Indonesia's import addiction has not recovered from year to year. Starting from commodities such as soybeans to processed egg products or egg flour. Indonesia routinely imports egg powder and shows an increasing trend every year. In fact, previously Indonesia was one of the countries self-sufficient in soybeans, but now to meet all domestic soybean needs, Indonesia has to import. According to data from the Ministry of Trade, the import value of egg powder in January-November 2022 was US$9.95 million. This figure rose 17.97% (year on year/yoy). In the same period, the volume also reached 1.71 thousand tons, an increase of 3.12% compared to the previous year. The main country of origin for Indonesia's egg powder imports is India, with a share reaching 98% of the total value of egg flour imports for the January-November 2022 period. This means that imports of egg powder from India increased significantly in January-November 2022. The same thing happened in ...

Source: Cnbcindonesia