• What was the production of palm oil in 2023?
  • JAKARTA: The production of crude palm oil (CPO) in 2023 was projected to reach 50.07 million tons or an increase of 7.15% compared to that of 2022 at 46.73 million tons. The production of palm kernel oil (PKO) reached 4.77 million tons or an increase of 5.66% compared to that of 2022 at 4.52 million tons.
  • What is Indonesia palm oil yield for 2022/23?
  • ld series from 2015 was adjusted downward to reflect a higher crop maturity. Indonesia palm oil yield for 2022/23 is estimated at 3.41 tons per hectare, do n 6 percent from the previous estimate of 3.64 tons per hectare. (Figure 14)Contributions from Arif Rahmanulloh at USDA-FAS¡¯ Office in Ja arta and
  • How many people work in the palm oil industry?
  • In the two largest palm oil producers in the world, Indonesia and Malaysia, the palm oil sector directly employs almost 5 million smallholders and workers and indirectly employs an additional 6 million people (Russell, 2018, 2020). The sector is also responsible for an estimated 2.9 million downstream jobs in importing countries (Basiron, 2016).
  • Does deforestation affect palm oil production in Indonesia?
  • A recent study found signs that deforestation associated with palm oil in Indonesia declined from 2018 to 2020, even though palm oil production continued to grow in this period, driven by zero-deforestation commitments and associated eforts (Gardner & Rylander, 2022).
  • What is the ‘crude palm oil production’ sector?
  • This study performed sectoral disaggregation to obtain the new commodity sector for PO and PKO, which we referred to as the ¡°crude palm oil production¡± sector from crop and animal production, hunting and related service activities. In addition, a hybrid (quantitative and monetary) model based on the WIOD was also compiled.
  • How has palm oil production changed over the last decade?
  • production has grown consistently over the last decade: its CAGR of 5.2% from 2008 to 2019 rose to 5.3% from 2014 to 2019. More than 60% of palm oil production was exported in 2020, providing an important source of foreign exchange revenue for exporting countries.