Indonesia: The export value of the seaweed processing industry reached US$ 96.19 million in 2020

Published 2021년 11월 4일

Tridge summary

The Ministry of Industry in Indonesia is working to increase the added value of seaweed to make it more marketable both domestically and internationally. This includes optimizing the processing industry to benefit the national economy and farmers. Processed seaweed products are used in the food and non-food industries, as well as the pharmaceutical industry, and the waste from processing can be used for fertilizers and other products. The Ministry is encouraging downstreaming of the seaweed processing industry, shown by a visit to PT Hydrocolloid Indonesia, a company that produces most of its production for export. In 2020, Indonesia's dry seaweed production reached 376,000 tons and the export value of the seaweed processing industry was US$ 96.19 million.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Reporter: Dimas Andi | Editor: Handoyo . KONTAN.CO.ID - JAKARTA. The Ministry of Industry seeks to increase the added value of seaweed so that it can become a derivative product that has a large market share, both for domestic and export needs. One of the steps is to optimize the role of the processing industry so that it can have a broad impact on the national economy and the welfare of the community, especially the farmers. Plt. The Director General of Agro Industry at the Ministry of Industry, Putu Juli Ardika, said that the Ministry of Industry has a duty to continue to boost downstreaming so that domestic raw materials have a higher added value with various derivative products produced by the processing industry. "Through this industrial activity, it has contributed significantly to foreign exchange earnings from exports of finished products," he said in a press release on the Ministry of Industry website, Thursday (4/11). Processed seaweed products are generally used by the ...
Source: Kontan

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.