South Sea Pearls of Indonesia Continue to Grow

Pearls are one type of jewelry that is most favored by women. Potential pearl business continues to experience growth. Pearls became one of the leading commodities in marine and fisheries sector which has very good prospects for business development. It can be seen from the increasing demand of pearl jewelry and the price that continues to increase from year to year.

image source: Ganoksin.com

This is an opportunity for pearl producers countries, including Indonesia. Indonesia South Sea Pearl has a very high economic potential. Indonesian pearl comes from shellfish Pinctada Maxima that are cultivated in various regions including Lampung, West Nusa Tenggara, East Nusa Tenggara, Bali, North Sulawesi, Maluku, Central Sulawesi, Gorontalo, North Maluku, Maluku and West Papua. This region is capable of producing a variety of pearls in large numbers. In fact, Indonesia has become the largest producer of South Sea Pearl in the world since 2005. Indonesia's main export destination countries include South Korea, Japan, Australia, Hong Kong, France, Thailand, India, Switzerland, and New Zealand.

Indonesia to meet up to 43 percent of the total needs of the pearl world with an export value has touched the figure of 29 million dollars. Only, the excellence of south sea pearls of Indonesia are based on quantity. In quality, south sea pearls of Indonesia is comparatively low. Therefore, although Indonesia supplies nearly half of the world, but this value represents only 2.07% of the total value of world trade in pearls.

Besides Indonesia, there are other countries that also controlled the pearl trade world such as Australia, the Philippines and Myanmar. The production of each country reached an average of 10 to 12 tons per year.

However, Indonesia still has the potential to further increase the value of its exports. This is because Indonesia has supporting factors such as area of ​​cultivation, labor, and other support equipment. In terms of technology, Indonesia has had adequate technology, though still not able to produce pearls with an average of the best quality. Therefore, at this time, Indonesia is trying to maximize the business potential of these pearls in order to achieve maximum added value.

Reference: indovasi.or.id

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