Get Our Featured Product in the Global Fishery Market
Seafood is a commodity that is in demand by the global fishery market. The global community adores seafood not only for its flavor but also for the numerous health benefits it offers. Additionally, investing in the fishing industry will be quite profitable because seafood is a commodity with high economic value.
Finding the right fishery products is essential if you want to invest in the fishery industry and avoid taking a loss. High-quality products that can compete in the global fishery market are the ideal investment. Here, we’ll assist you in understanding advantageous superior fishery products that can compete in the global fishery market. Let’s explore deeper!
Optimistic to Compete in the Global Fishery Market: Indonesian Fishery Products
Geographically speaking, Indonesia’s maritime economy has distinctive features when compared to those of other nations. The first is Indonesia’s territory, which is an archipelago, and in which the territorial seas serve as a bridge connecting the islands. In addition, Indonesia, which is located in the tropics, also has a positive impact on the diversity of marine resources produced.
As a result of efforts to increase production capacity and improve export results, trade activity in Indonesian fishery products has demonstrated a positive trend of 9.27 percent in the global fishery market over the previous few years.
In 2020, the transaction value of Indonesian fishery products exports in the global fishery market during January-August was USD 1.16 billion or higher when compared to the same period in the previous year, which only achieved transactions of USD 1.10 billion. Exports of Indonesian fishery products in the global fishery market have been expanding in transaction value up until this point.
What Products Does Indonesia Offer the Global Fishery Market?
The cultivation and capture sector of the fisheries, which is a cornerstone of Indonesia’s development as a fishery country and one of the strategic economic activities that should be pursued, as it has immense potential. Because Indonesia has a very high level of biodiversity, its fisheries resources are highly plentiful. The mainstay of the fisheries industry in Indonesia is the fishing of a number of major commodities such as:
1. Fish
Indonesia is a leading tuna producer. Indonesia has seized a 15% global fishery market share of the world’s tuna, skipjack, and mackerel tuna production to become the industry’s top producer.
When it comes to freshwater aquaculture, Indonesia has overtaken other countries as the world’s top supplier of tilapia.
2. Shrimp
Shrimp is Indonesia’s main fishery export commodity, and it is well suited to cultivated production. There are various shrimp aquaculture operations in Indonesia that use good and sustainable techniques.
In order to safeguard the product against disease, shrimp farms have also implemented a biosecurity system, which means it’s good to compete in the global fishery market.
3. Squid – cuttlefish – octopus (CSG)
One of the major export items from Indonesian fisheries, behind shrimp and tuna, is cephalopod species such as squid, cuttlefish, and octopus (CSG). Indonesia’s primary global fishery markets for the export of squid, cuttlefish, and octopus are China, Vietnam, and Taiwan.
After grasping the aforementioned information, it is now your chance to get Indonesian fishery products. It has been proven that Indonesian fisheries products compete successfully in the highly competitive global fishery market.
You might be wondering where to invest in order for your business to succeed, right? Introducing C-Fishery to you! Our featured products serve as a representation of Indonesia’s flourishing marine resources for the global fishery market, which is profitable for your business. What are you waiting for? By getting in touch with us, you’re opening the door to success. (Hanapus)
