Price analysis of the Indonesian carrageenan seaweed industry

Indonesian seaweed supply chain : analysis and opportunities

“…Seaweed products plays an increasing role in the food industry as shown by the growth of product introductions containing carrageenan, agar or specific compounds. As an example the number of product introductions in food in the EU 14 with carrageenan as an ingredient from 2012-2019 are shown in Currently, both processors lack the level of technology to enter the compound market, but both consider it as a strategic goal on the short term. 14 Al quantitative data on PI (product introductions) are taken from the Innova Market Insights database.…”

“…As an example the number of product introductions in food in the EU 14 with carrageenan as an ingredient from 2012-2019 are shown in Currently, both processors lack the level of technology to enter the compound market, but both consider it as a strategic goal on the short term. 14 Al quantitative data on PI (product introductions) are taken from the Innova Market Insights database. Index of seaweed market requirements and prices…”

“…Prices for seaweed are investigated for 13 cities in Indonesia in [14]. The analysis shows that price variations are huge (σ/μ ≈0.5) within the year, over the years and between cities.…”

Analysis of yield and types of carrageenan from different strains at Kupang Bay seaweed production center, East Nusa Tenggara

“…Seaweed is a superior aquaculture export commodity as data on yearly seaweed has experienced a relatively high increase in price domestically and abroad [1]. Indonesia produced almost 10 million tons of seaweed in 2019, accounting for more than a quarter of global production [2].…”

“…The farmers perceive the production technology as cheap, easy, and simple, so it is widely cultivated. Production of dry seaweed in ENT is second after South Sulawesi and contributes about 22% of the national production [1,3].…”