{"id":23326,"date":"2023-06-21T16:33:47","date_gmt":"2023-06-21T09:33:47","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=23326"},"modified":"2023-06-21T16:33:47","modified_gmt":"2023-06-21T09:33:47","slug":"global-vegoil-need-to-double-ri-can-raise-market-share","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2023\/06\/21\/global-vegoil-need-to-double-ri-can-raise-market-share\/","title":{"rendered":"Global Vegoil Need To Double, RI Can Raise Market Share"},"content":{"rendered":"<p>JAKARTA \u2013 The global demand for vegetable oils will keep increasing in the future, along with the growth of global population. As the global population is projected to reach 10 billion in 2050, the need of vegetable oils will increase to 307 million tons per year.<!--more--><\/p>\n<p><a href=\"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/palmoil_big_role.png?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-22676\" src=\"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/palmoil_big_role.png?resize=1037%2C612&#038;ssl=1\" alt=\"\" width=\"1037\" height=\"612\" data-id=\"22676\" \/><\/a><\/p>\n<p>Farid Amir , Director of Agricultural and Forestry Product Exports at the \u00a0trade ministry\u2019s (Kemendag) foreign trade directorate general, said that due to the global population growth, the demand for vegetable oils will almost double from 165 million tons in 2013 to 307 million tons in 2050.<\/p>\n<p>\u201cAs the global population is predicted to reach 10 billion in 2050, the demand for vegetable oils is projected to nearly double from 165 million tons in 2013 to 307 million tons in 2050,\u201d he said during a public discussion in Jakarta on Wednesday, 14 June 2023.<\/p>\n<p>He pointed out that in 2021 total global production of palm oil reached 75.5 million tons. Indonesia contributed more than 60% of the global palm oil production and 22% of the total global production of vegetable oils.<\/p>\n<p>\u201cWe should be proud as our production volume of palm oil was no less than 46 million tons, able to export CPO and derivative products at 35 million tons in 2021,\u201d he said.<\/p>\n<p>Farid said that the export performance had indicated that Indonesia\u2019s palm oil products have an advantage to fulfill the global demand for vegetable oils.<\/p>\n<p>\u201cDuring the period of 2018 \u2013 2022, Indonesia\u2019s export volume and value of palm oil products increased by 20.18%. Considering all of the facts, the projected increase of global population and global demand for vegetable oils in 2050 will become a golden opportunity for Indonesian palm oil industries to increase their global market share,\u201d he said.<\/p>\n<p>In 2022, Indonesia\u2019s export value of CPO and derivative products reached US$41.32 billion or an increase of 11.01% if compared to that in 2021 at US$37.22 billion. Unfortunately, the increase of export value was not accompanied by the increase of export volume.<\/p>\n<p>The increase of export value was caused by price fluctuations at the global market of vegetable oils, while the export volume during the last five years (2018 \u2013 2022) tended to be stagnant. \u201cThe export volume of CPO and its derivative products during the last five years (2018-2022) tended to stagnate, as it was only corrected slightly at 0.08%,\u201d he said. (*)<\/p>\n<p>Source: <em>Sindonews.com<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JAKARTA \u2013 The global demand for vegetable oils will keep increasing in the future, along with the growth of global population. As the global population is projected to reach 10 billion in 2050, the need of vegetable oils will increase to 307 million tons per year.<\/p>\n","protected":false},"author":1,"featured_media":22676,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3708,3709],"tags":[],"class_list":["post-23326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - 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Tungkot Sipayung, Founder and Executive Director of the Palm Oil Agribusiness Strategic Policy Institute (Paspi), stated that global demand for vegetable oils\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/09\/2050_60_palmoil_oilpalm__gapki.id__.jpg?fit=817%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/09\/2050_60_palmoil_oilpalm__gapki.id__.jpg?fit=817%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/09\/2050_60_palmoil_oilpalm__gapki.id__.jpg?fit=817%2C450&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/09\/2050_60_palmoil_oilpalm__gapki.id__.jpg?fit=817%2C450&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":21496,"url":"https:\/\/gapki.id\/en\/news\/2022\/05\/31\/oil-palm-plantation-expansion-is-unnecessary-myth-facts-2-08\/","url_meta":{"origin":23326,"position":1},"title":"Oil Palm Plantation Expansion Is Unnecessary | Myth &#038; Facts 2-08","author":"admin","date":"May 31, 2022","format":false,"excerpt":"FACTS - The projection of the global vegetable oil demand in the future should be based on the estimates of the world population and the per capita consumption of vegetable oils by 2050. The estimate of the world population based on the medium-term projection of UNPD data on the world\u2026","rel":"","context":"In &quot;Myths &amp; Facts&quot;","block_context":{"text":"Myths &amp; Facts","link":"https:\/\/gapki.id\/en\/news\/category\/myths-facts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/05\/sumatra.bisnis.com_ekspansi_kelapasawit_.jpg?fit=1141%2C587&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/05\/sumatra.bisnis.com_ekspansi_kelapasawit_.jpg?fit=1141%2C587&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/05\/sumatra.bisnis.com_ekspansi_kelapasawit_.jpg?fit=1141%2C587&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/05\/sumatra.bisnis.com_ekspansi_kelapasawit_.jpg?fit=1141%2C587&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/05\/sumatra.bisnis.com_ekspansi_kelapasawit_.jpg?fit=1141%2C587&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":29407,"url":"https:\/\/gapki.id\/en\/news\/2025\/02\/26\/half-of-global-population-rely-on-palm-oil-as-food-source\/","url_meta":{"origin":23326,"position":2},"title":"Half Of Global Population Rely On Palm Oil As Food Source","author":"admin","date":"February 26, 2025","format":false,"excerpt":"JAKARTA \u2013 Around half of the global population rely on palm oil to meet their need for food and the palm oil is \u00a0the most consumed vegetable oil as a source of food in Asia and Africa. More than 75% of the total production of palm oil is used for\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/01\/sustainability_palmoil_forestsnews.cifor_.org_.webp?fit=938%2C518&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/01\/sustainability_palmoil_forestsnews.cifor_.org_.webp?fit=938%2C518&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/01\/sustainability_palmoil_forestsnews.cifor_.org_.webp?fit=938%2C518&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/01\/sustainability_palmoil_forestsnews.cifor_.org_.webp?fit=938%2C518&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":21224,"url":"https:\/\/gapki.id\/en\/news\/2022\/03\/01\/palm-oil-restraint-will-cause-forest-loss-of-340m-hectares\/","url_meta":{"origin":23326,"position":3},"title":"Palm Oil Restraint Will Cause Forest Loss Of 340m Hectares","author":"admin","date":"March 1, 2022","format":false,"excerpt":"Looking forward to 2050, the world will only lose forest of less than 34 million hectares if the international society supports oil palm expansion. But if the world chooses not to support the palm oil to meet the global need for vegetable oils, the world will lose forests more than\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/01\/oilpalm_scubazoo.com_.jpg?fit=790%2C421&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/01\/oilpalm_scubazoo.com_.jpg?fit=790%2C421&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/01\/oilpalm_scubazoo.com_.jpg?fit=790%2C421&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/01\/oilpalm_scubazoo.com_.jpg?fit=790%2C421&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":31667,"url":"https:\/\/gapki.id\/en\/news\/2026\/07\/24\/expert-palm-oil-serves-as-pillar-of-global-food-resilience\/","url_meta":{"origin":23326,"position":4},"title":"Expert: Palm Oil Serves As Pillar Of Global Food Resilience","author":"admin","date":"July 24, 2026","format":false,"excerpt":"JAKARTA \u2013 The palm oil industry has a strategic role in strengthening the national food resilience and in fulfilling the rising global demand for vegetable oils. Having the highest productivity, efficiency and versatility, the palm oil is able to maintain the needed supply for foods, keep stable prices, and contribute\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/11\/palmoil_oil_palmoil_gutenberg_.jpg?fit=987%2C616&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/11\/palmoil_oil_palmoil_gutenberg_.jpg?fit=987%2C616&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/11\/palmoil_oil_palmoil_gutenberg_.jpg?fit=987%2C616&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/11\/palmoil_oil_palmoil_gutenberg_.jpg?fit=987%2C616&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":27220,"url":"https:\/\/gapki.id\/en\/news\/2024\/01\/08\/opinion-palm-oil-free-label-promotes-deforestation\/","url_meta":{"origin":23326,"position":5},"title":"OPINION: \u201cPalm Oil Free\u201d Label Promotes Deforestation","author":"admin","date":"January 8, 2024","format":false,"excerpt":"Imagine you are in a shopping mall wanting to buy something to eat. After searching among many food products you stumble upon a product with a label of \u201cPalm Oil Free.\u201d Will you buy it? Wait a minute. If you consider yourself a wise consumer, you have to think deeper\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/08\/palmoil_thethirdpole.net_.png?fit=624%2C401&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/08\/palmoil_thethirdpole.net_.png?fit=624%2C401&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/08\/palmoil_thethirdpole.net_.png?fit=624%2C401&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/23326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/comments?post=23326"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/23326\/revisions"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=23326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=23326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=23326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}