Aruna, a key player in Indonesia's fisheries sector, anticipates growth in the export of Indonesian seafood products in 2024, in line with the projected global market expansion. Notable markets such as Europe, Japan, and the Middle East present promising avenues for exploration. Based on data from the Global Seafood Market, the global seafood market is anticipated to grow by 8.92% in 2024, presenting significant opportunities for Indonesia's fisheries industry and businesses. Farid Naufal Aslam, CEO & Co-Founder of Aruna, views this data as a compelling potential for Indonesia to advance its fisheries sector, aiming to elevate the global recognition of Indonesian seafood and boost local seafood exports. Aruna pledges to contribute to this endeavor by leveraging its extensive supply network covering 90% of Indonesia's provinces, aiming to create opportunities and market for local seafood globally. With over 55,000 fishermen and 150 supply points nationwide, Aruna is poised to expand its business footprint both domestically and globally.
Highlighted seafood commodities include tuna, crab, lobster, among others, with Aruna's robust supply network and diverse product offerings positioning it favorably in markets like Europe, Japan, and the Middle East. Recognizing the pivotal role of technology in the fisheries industry, Aruna emphasizes digitalization and data management as fundamental keys to success. Aligning with its SEA for All Commitment 2030, Aruna has implemented traceability technologies to monitor product origins and harvest seasons, aiming to enhance business operations and fishermen's welfare. Ministry of Maritime Affairs and Fisheries (KKP) reports indicate that as of December 2023, fisheries product exports amounted to USD 5.6 billion (IDR 87 trillion), below the USD 6.7 billion (IDR 104 trillion) target set for 2023. Minister of Maritime Affairs and Fisheries, Sakti Wahyu Trenggono, targets fisheries exports to reach USD 7.20 billion (IDR 112 trillion), expressing optimism in achieving this target with regulated fishing practices.
