Indonesia’s growing middle class diet is making it difficult for the country to cope with imports by shifting to more expensive foods, the federal government said in a statement.
Australia’s Agricultural and Economy Economics and Science (ABARES) this week saw the opportunity to export Indonesia’s views to Australia.
Indonesia’s middle class grew by 13 percent between 2002 and 2016. It was ranked by the World Bank as the world’s middle-income country by 2020. Classification.
Indonesia faces challenges despite Covide 19, but reports say it will continue to grow.
“(Covidy 19) Indonesia’s poverty rate has risen to 27.5 million people or 10.1 percent of the population, reversing three years of poverty reduction.”
Once Indonesia is on track to emerge from a health crisis, it must continue its journey to higher income.
The report confirms that Indonesians’ high income is contributing to dietary change, with a variety of foods, processed and processed foods being welcomed and many people using supermarkets contributing to dietary change.
“The rapid growth in the number of restaurants and cafes and the use of smartphones and catering services have supported consumer choice for prepared and prepared meals,” the report said.
“Indonesia is a leader in many e-commerce platforms, with its youth, high-income and urban population open to new technologies, especially food.”
Coming from a low point, the report predicts an increase in meat consumption by 1,321 pcs.
Still some business hurdles
Despite growing demand for imports from Indonesia, the country still has complex regulatory barriers.
“Increasing barriers to trade behind borders are encouraged by the food law’s policies and regulations, overlapping and sometimes contradictory agricultural and trade regulations,” the report said.
“Due to restrictions on foreign ownership of some agricultural industries, there has been little foreign investment in Indonesian agriculture, especially in food crops and fruits and vegetables.”
Indonesia has 14 trade agreements, part of some bilateral and other groups such as ASEAN. The country has recently amended Omnibus Law to eliminate some trade barriers.
“These include the elimination of restrictions on fruits and vegetables, livestock and livestock products, and the imposition of restrictions on live cattle imports,” the report said.
“Ombudsman’s law removes some of the most restrictive sectors, such as the 30% foreign ownership of the fruit and vegetable trade and the negative investment list that has affected fruits and vegetables and 14 other sectors,” he said.
While sanctions are being lifted, the country’s revenue industry is still under control, the report said.
“Technical measures, such as sanitary and plant hygiene measures, are designed to protect consumers and the environment for commercial and pre-loading inspections,” the report said.
However, they increase compliance and storage costs. The ineffectiveness of these measures can greatly increase costs and serve as a temporary barrier to the selection of imported products.