C-Fishery Is Ready to Meet the Demand of the International Fishery Market
Indonesian Fishery Products’ Prospects.
Through Law No. 45/2009 on Fishery, the Indonesian government aims to work with stakeholders (corporations, fishermen, and entrepreneurs) in order to increase the effectiveness of the systems for managing and distributing fishery products for the international fishery market. The National Fish Logistics System (SLIN), which is mentioned in Article 18 of Law No. 32/2015 on Marine Affairs, ensures that fishery products are supplied quickly and effectively as well.
As an outcome, the Indonesian fishery industry will experience greater levels of satisfaction in the international fishery market, as the supply chain meets the market’s demand, and the fishery products that are being offered come in a form of high-quality. In this way, Indonesian fishery products increase their selling value even further in the international fishery market as the demand grows.
The Impact of the International Fishery Market’s Growing Demand for Indonesian Products
Several issues arise due to Indonesia’s remarkable capability to supply fisheries products globally, given the rising demand for the international fishery market. The following are the things that arise as a result of increasing international fishery market’s demand for Indonesian fishery products:
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The Increasing Competition in Product Quality
Indonesia has come to the realization that the quality of fishery products will determine the competition in the international fishery market. Because of this, Indonesia, as an exporting country, is gradually strengthening the quality assurance system for fishery products, to meet these demands so that the quality of the product is not less competitive than in other countries.
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Competitive Prices
The fluctuations in prices may be a sign of the increased competitiveness of fishery products. Exports of fishery products typically have a higher level of competition in the international fishery market, which is considered to indicate an improvement in the quality and safety of these fishery products.
In order to compete and increase the export value of Indonesian fishery products in the international fishery market, prices are used to reflect the quality of the products. Indonesian fishery products can thus compete in a variety of target countries. For instance, the price of Indonesian tuna is highest in the exporting country of Japan and lowest in other countries.
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New Policies to Adjust
With the high demand for Indonesian fishery products for the international fishery market, policies related to the sustainability of these fishery products arise. To that end, the Indonesian Ministry of Marine Affairs and Fisheries introduced a blue economy program to countries that are involved as members of the IORA (Indian Ocean Rim Association) forum.
The commitments related to the blue economy are carrying out sustainable development and protection of the sea and marine resources. Through the agreement, each member country is encouraged to improve policies and institutional support in ecosystem-based management, use of economic incentives, and market-based instruments. In achieving this commitment, Indonesia, which is one of the largest archipelagic countries in the world that has potential fishery commodities in the international fishery market, takes advantage of this opportunity to contribute significantly to the policy and implementation stages of the blue economy model in the fisheries industry sector.
Finding the supplier of fishery products is tricky, though, isn’t it? Finding the right supplier that adheres to the three points mentioned above is necessary given the factors and Indonesia’s capability to just supply fishery products globally.
Don’t worry! Introducing you to C-Fishery, the right supplier to meet your needs for quality Indonesian fishery products, as well as a responsible supplier of fishery products. If you are impressed with Indonesian fishery products that have become popular in the international fishery market, contact us immediately to get other interesting offers! (Hanapus)