{"id":26205,"date":"2022-10-07T14:10:09","date_gmt":"2022-10-07T07:10:09","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=22061"},"modified":"2022-10-07T14:10:09","modified_gmt":"2022-10-07T07:10:09","slug":"india-opens-own-palm-oil-plantations-affecting-ris-export","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2022\/10\/07\/india-opens-own-palm-oil-plantations-affecting-ris-export\/","title":{"rendered":"India Opens Own Palm Oil Plantations, Affecting RI\u2019s Export"},"content":{"rendered":"

Jakarta \u2013 India will reportedly start reducing significantly its import of crude palm oil (<\/em>CPO) by taking strategic steps to develop own oil palm plantations in Telangana state.<\/p>\n

\"\"<\/a><\/p>\n

India consumes around 24 million tons of vegetable oils per year, of which around 10.5 million tons are fulfilled through domestic production while the other 13.5 million tons are imported.<\/p>\n

Of the imported vegetable oils, around 8-8.5 million tons are palm oil products, of which 45% are imported from Indonesia and the rest from neighboring country Malaysia. Based on data from Reuters<\/em>, India is the largest importer of CPO from Indonesia, which accounts for 21.3% of the total imports of CPO during the period of 2016-2020.<\/p>\n

But as reported, the high price of CPO has made the import value of India surging and triggering inflation. In 2021, India\u2019s imports of vegetable oils reached US$18.9 billion, causing its deficit in balance of trade surging.<\/p>\n

Now, the government of India has started opening the oil palm plantations in the region of Telangana, with the target of 2 million hectares during the next 4 years.<\/p>\n

If the target realized, then the Telangana region is expected to produce 4 million tons of CPO per year within the next 7 to 8 years ahead.<\/p>\n

\u201cDuring the next 4 years, most of the oil palm plantations will be finalized and in the next 7 \u2013 8 years Telangana will be able to produce 4 million tons of palm oil,\u201d L Venkatram Reddy, horticulture director at the regional government of Telangana state was quoted by Reuters<\/em> as saying on Wednesday, 03 August 2022.<\/p>\n

Impact to Indonesia?<\/strong><\/p>\n

With a total exports of 33.67 million tons in 2021, Indonesia is the world\u2019s largest exporter of palm oil and the third largest exporter of vegetable oils. Indonesia\u2019s contribution to total global exports of vegetable oils is estimated at 60%. The CPO is chosen by many countries not only as raw material to produce cooking oil but also for the production of foods, cosmetics, detergents and biofuel.<\/p>\n

Based on data from Statistics Indonesia (BPS), during the period of January-July 2022, Indonesia had exported CPO to India at a total of 1.45 million tons with a value of US$2 billion or Rp30.5 trillion (Rp15,225 per US$). But the value dropped by 1.73% if compared to the same period in 2021. During 2021, India imported a total of 3 million tons of CPO from Indonesia at the value of US$3.28 billion or around Rp48.4 trillion.<\/p>\n

If India can locally produce additional CPO, then it will cut its import of CPO from Indonesia. It will reduce Indonesia\u2019s foreign exchange from palm oil exports. It will also affect local CPO producers in Indonesia and if they could not find new markets for their production it will certainly cut their sales.<\/p>\n

Based on the data, if India decides to stop import of CPO from Indonesia, Indonesia is potential to lose around Rp48.4 trillion per year. (*)<\/p>\n

Source: cnbcindonesia.com<\/a>\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Jakarta \u2013 India will reportedly start reducing significantly its import of crude palm oil (CPO) by taking strategic steps to develop own oil palm plantations in Telangana state.<\/p>\n","protected":false},"author":1,"featured_media":22062,"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-26205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"\nIndia Opens Own Palm Oil Plantations, Affecting RI\u2019s Export - 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Such condition is believed to maintain the position of Indonesia as the main supplier of palm oil\u2026","rel":"","context":"In "Publication"","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_sawit_tbs_gapki_.jpg?fit=977%2C608&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/11\/palmoil_sawit_tbs_gapki_.jpg?fit=977%2C608&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/11\/palmoil_sawit_tbs_gapki_.jpg?fit=977%2C608&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/11\/palmoil_sawit_tbs_gapki_.jpg?fit=977%2C608&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":26364,"url":"https:\/\/gapki.id\/en\/news\/2023\/08\/22\/china-to-raise-palm-oil-imports-from-ri-to-over-8m-tons\/","url_meta":{"origin":26205,"position":2},"title":"China To Raise Palm Oil Imports From RI To Over 8m Tons","author":"admin","date":"August 22, 2023","format":false,"excerpt":"JAKARTA \u2013 China wants to raise its import of palm oil from Indonesia from 6.0 million tons to 8.0 million tons as its economy has been recovering. The Indonesian Palm Oil Association\u2019s (GAPKI) Chairman Eddy Martono said that there has been a rising trend of palm oil demand from China\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/08\/From-RI-To-Over-8m-Tons_thesweatypenguin.com_.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/08\/From-RI-To-Over-8m-Tons_thesweatypenguin.com_.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/08\/From-RI-To-Over-8m-Tons_thesweatypenguin.com_.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/08\/From-RI-To-Over-8m-Tons_thesweatypenguin.com_.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":19636,"url":"https:\/\/gapki.id\/en\/news\/2021\/01\/06\/main-markets-of-palm-oil-in-asia-recover-in-2021\/","url_meta":{"origin":26205,"position":3},"title":"Main Markets Of Palm Oil In Asia Recover In 2021","author":"admin","date":"January 6, 2021","format":false,"excerpt":"JAKARTA \u2013 Three main markets of Indonesia\u2019s palm oil products in Asia,\u00a0 India, China, and Pakistan, are predicted to recover in 2021. Indonesia\u2019s palm oil products saw a rising trend of demand in the three main markets of Asia since the third quarter 2020, after seeing a decline during the\u2026","rel":"","context":"In "Publication"","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\/2021\/01\/gannet-cdn.com_palmoil_strategy.jpg?fit=1097%2C610&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/01\/gannet-cdn.com_palmoil_strategy.jpg?fit=1097%2C610&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/01\/gannet-cdn.com_palmoil_strategy.jpg?fit=1097%2C610&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/01\/gannet-cdn.com_palmoil_strategy.jpg?fit=1097%2C610&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/01\/gannet-cdn.com_palmoil_strategy.jpg?fit=1097%2C610&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":20170,"url":"https:\/\/gapki.id\/en\/news\/2021\/05\/24\/these-5-palm-oil-factors-surprise-world-community\/","url_meta":{"origin":26205,"position":4},"title":"These 5 Palm Oil Factors Surprise World Community","author":"admin","date":"May 24, 2021","format":false,"excerpt":"JAKARTA \u2013 The availability of biodiesel 30 percent (B30) in refueling stations (SPBU) across Indonesia since 01 January 2020 has proven to be able to increase the domestic consumption of crude palm oil (CPO) and maintain the price stability of the palm fresh fruit bunches\u2019 (FFB) bought from growers. The\u2026","rel":"","context":"In "Publication"","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\/2021\/03\/no_palm_oil_label_mashable.com_.jpg?fit=1118%2C600&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/03\/no_palm_oil_label_mashable.com_.jpg?fit=1118%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/03\/no_palm_oil_label_mashable.com_.jpg?fit=1118%2C600&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/03\/no_palm_oil_label_mashable.com_.jpg?fit=1118%2C600&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/03\/no_palm_oil_label_mashable.com_.jpg?fit=1118%2C600&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":21532,"url":"https:\/\/gapki.id\/en\/news\/2022\/06\/08\/gapki-5-factors-keep-palm-oil-business-growing\/","url_meta":{"origin":26205,"position":5},"title":"GAPKI: 5 Factors Keep Palm Oil Business Growing","author":"admin","date":"June 8, 2022","format":false,"excerpt":"JAKARTA \u2013 The Indonesian Palm Oil Association (GAPKI) Chairman Joko Supriyono said that there are five factors that indicate Indonesian palm oil business still has great prospects to continue growing robustly. First, there is still a big potential to increase domestic consumption. \u201cThe consumption of palm oil is categorized into\u2026","rel":"","context":"In "Info & Activity"","block_context":{"text":"Info & Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/06\/palmoil_komitmeniklim.id_.jpg?fit=661%2C453&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/06\/palmoil_komitmeniklim.id_.jpg?fit=661%2C453&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/06\/palmoil_komitmeniklim.id_.jpg?fit=661%2C453&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_tbs_aljazeera.com_-1.jpg?fit=841%2C515&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/26205","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=26205"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/26205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/22062"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=26205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=26205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=26205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}