Indonesia the plam oil industry

Palm oil industry in Indonesia- statistics & facts Statista

  • Indonesia the plam oil industry
  • Indonesia the plam oil industry
  • Indonesia the plam oil industry
  • Indonesia the plam oil industry

Palm Oil Industry in Indonesia: Outlook

Evaluating the palm oil demand in Indonesia

Indonesia: Sustainable Palm Oil United Nations

A Recovery Momentum and Journey to Sustainable

  • What is the palm oil industry in Indonesia?
  • The Indonesian palm oil industry is a major contributor to the country’s economy, generating billions of dollars in export revenue and employing millions of people. In this series of major industries in Indonesia, we’ll explore the outlook, opportunities, regulations, and how to start a palm oil business in Indonesia.
  • How big is the Indonesia palm oil market?
  • The Indonesia palm oil market size was estimated at USD 12.58 billion in 2023 and is projected to grow at a CAGR of 4.4% from 2024 to 2030. Increasing demand for palm oil in food, cosmetics, and biofuel industries is driving the market growth.
  • How much does palm oil contribute to Indonesia's economy in 2022?
  • For Instance, in 2022, the Indonesian Palm Oil Association (GAPKI) reported that the palm oil industry contributed a record-high of USD 39.07 billion to the country's economy. The production of palm oil is steadily increasing due to the expansion of the population and laws supporting the use of oils in biofuels.
  • Can Indonesia meet its domestic demand for palm oil?
  • In fact, Indonesia can meet its domestic demand for CPO until 2025 using the equivalent of 63% of the oil palm planted area in 2014, while keeping the same average yield. However, this would curtail exports and the option to profit from the development of global palm oil markets.

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