Agribusiness development economic study of seaweed

Abstract

Specific targets for this study is to increase the income of seaweed farmers through increasing regional competitiveness in South Sulawesi Province and an arrangement for alternative policy patterns in the development of seaweed agribusiness in Bulukumba Regency. The research location is in Bulukumba Regency which one of the centers of seaweed production in South Sulawesi Province. This research was descriptive qualitative-quantitative research. The survey research method was used as the basis of the research design. Data collection was carried out using individual interviews and in-depth interviews through Focus Group Discussion (FGD) for socio-economic institutions of seaweed farmers, policymakers and stakeholders. The results showed that the feasibility level of seaweed farming was quite high even though there were variations between regions. The variation in the lower level of profitability of farming in the Bonto Bahari Sub District area which is allegedly caused by the pollution impact caused by the operation of an asphalt processing plant in the local seaweed cultivation area. The institution of seaweed farmers has not yet functioned well even though there are still farmers who do not have a group. It is recommended to develop the seaweed business both in scale and the number of its business units and to conduct a special study of the role of institutions and the environmental impacts that are allegedly caused by asphalt processing plants.

Seaweed Aquaculture in Indonesia Contributes to Social and Economic Aspects of Livelihoods and Community Wellbeing

“…The main operational cost was seeding (tying on of new propagules), accounting for 28% of variable costs [52]. Revenue:cost (R/C) ratios for seaweed farming reportedly range from 1.5 to 2.6 in South Sulawesi [53], from 0.96 to 21.0 in Southeast Sulawesi [51], and from 3.3 to 3.4 in Maluku [54].…”

“…We also include data from Neish's [11] more extensive 2013 report for comparison (Figure 3). Reports of profitability for seaweed mariculture farms vary widely, from an average of IDR 10.6 million (USD 760) per annum in Southeast Sulawesi [51], from IDR 16.9 to 37.8 million (USD 1200-2700) per cycle across four districts in South Sulawesi [53], and from IDR 15.1 million (USD 1080) per annum for small seaweed farms (10 m × 25 m) up to IDR 29.9 million (USD 2135) per annum for large farms (10 m × 50 m) in Tual, Maluku [54]. A survey in Bombana District of Southeast Sulawesi found that the annual income from seaweed farming ranged from IDR 3.6 million (USD 257) to IDR 18.5 million (USD 1321), and that 92% of farmers earned an annual income between IDR 3.6 million (USD 257) and IDR 15.8 million (USD 1129) [61].…”

“…Green bars indicate the range of values; black squares indicate average values; triangles indicate average values for low ( ) and high ( ) commodity prices respectively; and for dry season ( ) and wet season (•) production. The data in Busthanul et al 2019[53] are originally per production cycle and we have assumed four cycles per annum to estimate annual income. The dashed red line represents the September 2018 national rural poverty line for Indonesia[62] calculated for a five-person household.…”

Strengthening of seaweed business institutions through cooperatives in Bulukumba Regency, Indonesia

“…Based on the results of two years of research, it is recommended the establishment of cooperatives to strengthen community economic institutions in the coastal area of Bulukmba Regency, South Sulawesi, Indonesia, which will be realized at the end of 2019 [1,2]. The recommendation refers to the fact that the level of community welfare is low and there are no community economic institutions such as cooperatives, while the maritime resource-based economic potential of the region, especially seaweed, is quite large.…”

“…This is due to the maritime natural resource potential of Bulukumba Regency, which has seven out of ten sub-districts located in an area with a long coastline of 138 km and an area of 93,929 hectares of water. The dominant type of seaweed being developed is seaweed commodity (Euchema cottoni) and is ranked 5 th with a total production of 158 thousand tons / year 2016 in South Sulawesi [2].…”