361160

Opportunities for Frozen and Processed Shrimps to Enter the Singaporian and Malaysian Markets

Article

Last updated: 01 Jan 2025

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Abstract

The primary export from the Indonesian fisheries sector is shrimp. Numerous shrimp businesses have established export destination markets in ASEAN nations, including Malaysia and Singapore, since their potential is comparable to that of the USA or Japan. This study was conducted from 2018 to 2022 to ascertain the Indonesia's competitiveness regarding shrimp export commodities in the Malaysian and Singaporean markets, in addition to enhancing the strategies with the aim of augmenting the competitiveness of Indonesian shrimp in international markets, particularly those of Malaysia and Singapore. The analysis techniques employed were the trade balance index (TBI), market size, and market share index to assess opportunity, and normalized revealed comparative advantage (NRCA) and comparative export performance (CEP) to assess competitiveness. The results showed that the Indonesian shrimps are competitive in the Singaporian and Malaysian markets but need improvement due to the intense rival competition.

DOI

10.21608/ejabf.2024.361160

Keywords

Asean markets, Frozen shrimp, Opportunity processed shrimp

Authors

First Name

Muhammad

Last Name

Yusuf et al.

MiddleName

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Affiliation

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Email

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City

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Orcid

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Volume

28

Article Issue

3

Related Issue

47485

Issue Date

2024-05-01

Receive Date

2024-06-21

Publish Date

2024-05-01

Page Start

1,063

Page End

1,072

Print ISSN

1110-6131

Online ISSN

2536-9814

Link

https://ejabf.journals.ekb.eg/article_361160.html

Detail API

https://ejabf.journals.ekb.eg/service?article_code=361160

Order

61

Type

Original Article

Type Code

103

Publication Type

Journal

Publication Title

Egyptian Journal of Aquatic Biology and Fisheries

Publication Link

https://ejabf.journals.ekb.eg/

MainTitle

Opportunities for Frozen and Processed Shrimps to Enter the Singaporian and Malaysian Markets

Details

Type

Article

Created At

23 Dec 2024