- A Small Font
- A Medium Font
- A Bigger Font
The unmet domestic demand for beef necessitates annual government imports. However, government import policies have failed to stabilize market prices, particularly during Ramadan and before Eid al-Fitr. For example, during Eid al-Fitr in 2016, the price of local beef remained above Rp 120,000 per kilogram, despite government market operations selling imported frozen beef at Rp 80,000 per kilogram.
In 2015, the value of beef imports decreased by 33.8 percent to US$ 237.2 million from US$ 358.1 million the previous year. This decrease was due to a 34.6 percent reduction in import volume, falling to 50.3 million tons from 76.9 million tons in the previous year.
The reduction in the three-month import quota led to the lower value of beef imports in 2015. The government reasoned that the domestic cattle population could meet an estimated 500,000 tons of domestic beef demand.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
Related Data
Latest Data Stories
Trending Topics
Popular Data