News

Indonesia still has a sugar deficit, observers say

Sugar
Indonesia
Market & Price Trends
Published Feb 24, 2024

Tridge summary

Indonesia is facing a significant sugar deficit, producing only 2.4 million tons annually against a requirement of 7 million tons. Krisna Gupta from the Center for Indonesian Policy Studies suggests that the solution lies in empowering farmers with advanced technology to boost productivity, improving machinery efficiency, and reducing import dependence. The country's current sugar consumption stands at 3.39 million tons per year, with projected production in 2023 estimated at 2.7 million tons.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Reporter: Leni Wandira | Editor: Herlina Kartika Dewi KONTAN.CO.ID - JAKARTA. Based on data from the State-Owned Food Enterprise (BUMN), ID Food, the maximum domestic sugar production is only 2.4 million tons. Far below the requirement of 7 million tons. The deficit figure is quite high, reaching 4.6 million tons. Researcher from the Center for Indonesian Policy Studies (CIPS) Krisna Gupta explains the solution so that Indonesia can escape the deficit problem and move towards sugar self-sufficiency. According to him, the best way is to empower farmers so they can maximize the advanced technology that currently exists. Of course, the aim is to increase farmer productivity. This is because the majority of Indonesian farmers are currently still on a small scale. As a result, we cannot utilize mechanization and technology optimally. "How can you optimally use a tractor if it's only stuck for a few meters? The US and Australia are large exporters of agricultural products but have few ...
Source: Kontan
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