TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Cold storage to grow 50% as fishery firms push for export markets
The number of cold storage installations for the fishery sector is set to rise rapidly this year on increasing online orders for cool delivery and improving seafood production, but industry players need to anticipate rising installation costs.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Fish is auctioned at the Pasie Nan Tigo fish market in Padang, West Sumatra, in this undated photograph. (Antara/Iggoy el Fitra)
T
he number of cold storage installations for the fishery sector is set to rise rapidly this year on increasing online orders for cool delivery and improving seafood production, but industry players need to anticipate rising installation costs.
Cold Storage Association (ARPI) chairman Hasanuddin Yasni expects 32,000 tons of cold storage to be installed this year, up 50 percent from last year’s capacity increase, as the industry expands to accommodate growing production in the marine products and fishery sector.
“New players that provide mini-middle cold storage have begun to emerge. This group is expected to provide 200 tons to 600 tons of cold storage,” Hasanuddin told The Jakarta Post on Thursday, adding that 60 percent of cold storage used in the fishery sector was for export purposes while the remaining 40 percent was used as a storage system to supply the domestic seafood processing industry.
The tonnage of cold storage capacity is calculated by multiplying the volume of a facility with the facility’s utilization factor and the weight of products stored there.
Despite the expected strong growth, Hasanuddin warned stakeholders in the cold chain industry to anticipate an average 10 percent increase in storage installation fees as current developments had sent up container shipping costs.
“The ongoing [Russia-Ukraine] conflict affects the supply chain for imported goods in cold storage installations,” he said.
Indonesia posted a 21.63 percent year-on-year (yoy) increase in fish product exports in the January-March period as shipments rose to US$1.53 billion, according to Statistics Indonesia (BPS) data.
