High prices leave Indonesia in danger of importing chickens

Published 2021년 4월 23일

Tridge summary

Indonesia is facing the possibility of chicken imports due to the high price of domestic chicken, which is becoming increasingly expensive compared to other countries. This is largely due to the rising production costs, particularly the high cost of corn, a key component of poultry feed, which is three times more expensive in Indonesia than the average international price. The Director General of Domestic Trade of the Ministry of Trade, Syailendra, has noted that the high price of feed and chickens is making the domestic chicken industry less competitive. Currently, Indonesia is importing broodstock or Grand Parents Stock (GPS) rather than fully cooked chicken meat, with imports usually being below 1,000 tonnes since 2017, and only the government is allowed to import.

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

Original content

Jakarta, CNBC Indonesia - After being accustomed to a variety of food imports, from sugar, salt to beef, Indonesia is now under threat of having to import chicken. So far, the high price of domestic chicken is used as one of the reasons why Indonesia must prepare for chicken imports. As a country with a Muslim majority population, the need for chickens is increasing every year. This must be balanced with an increase in production. However, the problem is that the increase in production costs has made domestic chicken prices soar. It can even be more expensive than other countries. In Malaysia, for example, the price of one kilogram of chicken is priced at IDR 25,000-48,000 / kg. Meanwhile in Indonesia, the price of one kilogram of chicken ranges from IDR 30,000-60,000 / kg. The price of chickens in the country is only lower than the Philippines and Vietnam. Where the two countries, the consumption pattern of the people is more inclined towards pork. The domestic price of chicken ...

Source: Cnbcindonesia