Market Potential Analysis of Indonesian Cinnamon Exports in International Markets

Authors

  • Nur Hasanah Department of Magister Agribusiness, Faculty of Agriculture, Universitas Sebelas Maret
  • Darsono Darsono Department of Magister Agribusiness, Faculty of Agriculture, Universitas Sebelas Maret
  • Sri Marwanti Department of Magister Agribusiness, Faculty of Agriculture, Universitas Sebelas Maret

DOI:

https://doi.org/10.55927/ijba.v4i3.9270

Keywords:

EPD, Cinnamon, Market Potential, RCA, X-Model Potential Export Product

Abstract

Indonesia is known as one of the world's spice-producing countries. One of the spices produced by Indonesia is cinnamon, which has many benefits and a high economic price. However, the existence of various obstacles in exporting cinnamon makes Indonesia have to select cinnamon export markets in destination countries. The purpose of this study is to analyze the potential development of Indonesia's cinnamon export markets. This research uses the analysis methods of Revealed Comparative Advantage (RCA), Export Product Dynamic (EPD), and X-model potential export product. The results of the study can be concluded that the destination countries of China and India are in the position of optimistic market. While the Netherlands and Thailand are in the position of potential market.

Downloads

Download data is not yet available.

References

Agricultural Data and Information Systems Center. (2022). Statistical of National Non Leading Estate Crops Commodity 2020 - 2022. Ministry of Agriculture: Jakarta

Anggrasari, H., Perdana, P., & Mulyo, J. H. (2021). Comparative and competitive advantages of Indonesian spices in the international market. Agrica Journal, 14(1), 9-19

Astuti, R. D. (2018). Analysis of Competitiveness and Factors Affecting Indonesian Cinnamon Exports to Major Importing Countries.

Bustami, B. R., & Hidayat, P. (2013). Analysis of the competitiveness of export products in North Sumatra province. Journal of Economics and Finance, 1(2), 14876.

Falatehan, A. F. (2022). Competitiveness Analysis of Indonesian Cinnamon Exports in the United States Market. Indonesian Journal of Agriculture Resource and Environmental Economics, 1(2), 96-108.

Food and Agriculture Organization (FAO). (2023). Countries by commodity Exports. https://www.fao.org/faostat/en/#rankings/countries_by_commodity_exports accessed August 1, 2023 at 12:11.

Firmansyah, F., Widodo, W., Karsinah, K., & Oktavilia, S. (2017). Export performance and competitiveness of indonesian food commodities. JEJAK: Journal of Economics and Policy, 10(2), 289-301.

Hanafi, R. U., & Tinaprilla, N. (2017, March). Competitiveness of Indonesian cocoa commodity in international trade. In Agribusiness Forum: Agribusiness Forum (Vol. 7, No. 1, pp. 1-20).

Hermawan, I. (2015). Competitiveness of Indonesian spices in the ASEAN market in the pre- and post-global economic crisis period. Scientific Bulletin of Trade Research and Development, 9(2), 153-178.

Indelman, I., Andrianus, F., & Kamarni, N. (2022). Determinants of Indonesian Cinnamon Commodity Exports. Jurnal Ekonomikawan, 22(1), 1-15.

Iskandar, S., Jauhari, H., Mulyana, A., Dewata, E., Yamin, M., & Marwa, T. (2012). Analysis of determinant factors influencing cinnamon exports and prices in Indonesia.

Nugraheni, S. R. W., Amaliah, S., Panjaitan, I., Yulisyawati, I., & Malau, F. (2021). Strategy to Improve the Competitiveness of Indonesian Construction Services Sector. Journal of Development Economics And Policy, 10(2), 176-200.

Nurhayati, E. (2020). Analysis of Indonesia's cinnamon export development. Ecoplan, 3(1), 1-11.

Patone, C. D., Kumaat, R. J., & Mandeij, D. (2020). Analysis of the competitiveness of Indonesian palm oil exports to export destination countries China and India. Journal of Efficiency Scientific Periodicals, 20(03).

Pramesti, F. S., Rahayu, E. S., & Agustono, A. (2017). Analysis of Indonesian cassava competitiveness in the international market. SEPA: Journal of Agricultural Socioeconomics and Agribusiness, 14(1), 1-7.

Pribadi, E. R. (2016). The development of Indonesia's cinnamon production and exports. Warta of Industrial Plant Research and Development, 2(2), 10-14.

Rambe, K. R., & Malau, L. R. E. (2023). Competitiveness level and factors affecting Indonesia's cinnamon trade flow. AGROMIX, 14(1),28-38.

Rochdiani, D., & Wulandari, E. (2023). Competitiveness Analysis and Factors Affecting Indonesian Cinnamon Exports. Economies, 11(2), 55.

Sa'diyah, P. F. I., & Darwanto, D. H. (2020). Indonesian cinnamon competitiveness and competitor countries in international market. AGRARIS: Journal of Agribusiness and Rural Development Research, 6(2), 123-135.

Santoso, S. I., Pos, L. S. P., & Nurfadillah, S. (2022). Competitiveness Analysis of Indonesian Cinnamon Exports In The World Market. Agrisocionomics: Journal of Agricultural Social Economics, 6(2), 402-421.

Sundari, M. T., Darsono, D., Sutrisno, J., & Antriyandarti, E. (2023). Analysis of trade potential and factors influencing chili export in Indonesia. Open Agriculture, 8(1), 20220205.

Supriana, T., Pane, T. C., & Khaliqi, M. (2022). Export of Indonesian cinnamon in international market: competitiveness and performance. Journal of Central European Agriculture, 23(3), 704-713.

Wardani, M. A., & Mulatsih, S. (2017). Analysis of Competitiveness and Factors Affecting Indonesian Tire Exports to the Latin American Region. Journal of development economics and policy, 6(1), 81-100.

Downloads

Published

2024-06-14

How to Cite

Hasanah, N., Darsono, D., & Marwanti, S. (2024). Market Potential Analysis of Indonesian Cinnamon Exports in International Markets. Indonesian Journal of Business Analytics, 4(3), 849–859. https://doi.org/10.55927/ijba.v4i3.9270

Issue

Section

Articles