Latest Report Update: Apr 19, 2021

Indonesia - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Indonesia: Crude Palm Oil Market Overview 2021

Crude Palm Oil Market Size in Indonesia

The Indonesian crude palm oil market soared to $X in 2019, increasing by X% against the previous year. In general, consumption recorded strong growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Crude palm oil consumption peaked at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Crude Palm Oil Production in Indonesia

In value terms, crude palm oil production skyrocketed to $X in 2019 estimated in export prices. Overall, the total production indicated a resilient increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2018 to 2019, production growth failed to regain the momentum.

Crude Palm Oil Exports

Exports from Indonesia

For the third year in a row, Indonesia recorded growth in overseas shipments of crude palm oil, which increased by X% to X tonnes in 2019. Over the period under review, total exports indicated a moderate increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Exports peaked at X tonnes in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

In value terms, crude palm oil exports skyrocketed to $X in 2019. Overall, exports posted a slight increase. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Exports peaked at $X in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

Exports by Country

India (X tonnes) was the main destination for crude palm oil exports from Indonesia, accounting for a X% share of total exports. Moreover, crude palm oil exports to India exceeded the volume sent to the second major destination, Malaysia (X tonnes), fivefold. The third position in this ranking was occupied by Spain (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to India stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Spain (+X% per year).

In value terms, India ($X) remains the key foreign market for crude palm oil exports from Indonesia, comprising X% of total exports. The second position in the ranking was occupied by Spain ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2007 to 2019, the average annual growth rate of value to India amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

The average crude palm oil export price stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2019, the highest prices were recorded for prices to Spain ($X per tonne) and Italy ($X per tonne), while the average price for exports to Singapore ($X per tonne) and Malaysia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced a decline.

Crude Palm Oil Imports

Imports into Indonesia

In 2019, purchases abroad of crude palm oil increased by X% to X tonnes for the first time since 2014, thus ending a four-year declining trend. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, crude palm oil imports declined sharply to $X in 2019. Over the period under review, imports showed a pronounced contraction. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Taiwan (Chinese) (X tonnes) was the main supplier of crude palm oil to Indonesia, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from Taiwan (Chinese) stood at +X%.

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of crude palm oil to Indonesia.

From 2007 to 2019, the average annual growth rate of value from Taiwan (Chinese) totaled +X%.

Import Prices by Country

In 2019, the average crude palm oil import price amounted to $X per tonne, declining by -X% against the previous year. In general, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).

From 2007 to 2019, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude palm oil in the world?
+
Indonesia (36M tonnes) remains the largest crude palm oil consuming country worldwide, accounting for 46% of total volume. Moreover, crude palm oil consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia (17M tonnes), twofold. India (6.6M tonnes) ranked third in terms of total consumption with a 8.5% share.
What are the largest producers of crude palm oil in the world?
+
Indonesia (44M tonnes) constituted the country with the largest volume of crude palm oil production, comprising approx. 58% of total volume. Moreover, crude palm oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (20M tonnes), twofold. The third position in this ranking was occupied by Thailand (3M tonnes), with a 4% share.
What are the leading suppliers of crude palm oil to Indonesia?
+
In value terms, Taiwan (Chinese) ($2.3M) constituted the largest supplier of crude palm oil to Indonesia.
What are the leading importers of crude palm oil from Indonesia?
+
In value terms, India ($2.5B) remains the key foreign market for crude palm oil exports from Indonesia, comprising 53% of total exports. The second position in the ranking was occupied by Spain ($556M), with a 12% share of total exports. It was followed by Malaysia, with a 11% share.
What is the average export price for crude palm oil in Indonesia?
+
In 2019, the average crude palm oil export price amounted to $614 per tonne, growing by 12% against the previous year.
What is the average import price for crude palm oil in Indonesia?
+
In 2019, the average crude palm oil import price amounted to $436 per tonne, dropping by -56.7% against the previous year.

Product coverage:
• FCL 257 - Oil of palm

This report provides an in-depth analysis of the crude palm oil market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Indonesia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Indonesia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global fertilizer market.



Thursday, May 13th, 2021 @ 04:00 pm ET


Register

Webinar: Global Graphite Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global graphite market.



Tuesday, May 18th, 2021 @ 04:00 pm ET


Register

Webinar: Global Hydrogen Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global hydrogen market.



Tuesday, May 25th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data