Rabobank: Review of pangasius imports and exports between India and Indonesia in 2024

게시됨 2025년 3월 11일

Tridge 요약

In 2024, India experienced a surge in pangasius imports from Bangladesh and Vietnam due to increased supply, with Bangladesh's imports doubling and Vietnam's experiencing a drop in production. Despite these changes, the national economy's weak state led to a decrease in consumer purchasing power, preventing price increases. Indonesian processors and packers are struggling with stagnant demand and budget cuts, primarily affecting the HORECA market. Despite these challenges, pangasius producers remain hopeful for inclusion in the government's 'free nutritious meals' program, targeting over 85 million children and pregnant women. The ex-pond price of pangasius in East Java is expected to rise slightly in 2025.

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원본 콘텐츠

This is mainly due to increased supply from Bangladesh, where imports increased from 5,661 tons to 10,332 tons compared to the same period in 2023. India also imported 6,400 tons of frozen pangasius from Vietnam in 2024, compared to 4,870 tons in the same period in 2023. Indonesia's production fell sharply in 2024. However, the reduction in supply did not lead to price increases due to the decline in purchasing power of ordinary consumers affected by the weak national economy. Against this backdrop of stagnant or even declining demand, Indonesian processors and packers have been competing fiercely in the domestic market while also working to increase exports. On January 23, 2025, President Prabowo Subianto ordered cuts to the government budget totaling 306.7 trillion rupiah (about 18.9 billion U.S. dollars), mainly affecting allocations for conferences, celebrations and official travel. These cuts will have an impact on the hotel, restaurant and catering (HORECA) market, which ...

출처: Foodmate