{"id":29432,"date":"2025-03-07T04:37:06","date_gmt":"2025-03-07T04:37:06","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=29432"},"modified":"2025-03-10T04:42:08","modified_gmt":"2025-03-10T04:42:08","slug":"production-drops-indonesian-market-shrinks","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2025\/03\/07\/production-drops-indonesian-market-shrinks\/","title":{"rendered":"Production Drops, Indonesian Market Shrinks"},"content":{"rendered":"<p style=\"text-align: center;\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-937\" src=\"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2016\/06\/gapkilogo.png?resize=89%2C89&#038;ssl=1\" alt=\"\" width=\"89\" height=\"89\" srcset=\"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2016\/06\/gapkilogo.png?w=200&amp;ssl=1 200w, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2016\/06\/gapkilogo.png?resize=150%2C150&amp;ssl=1 150w\" sizes=\"auto, (max-width: 89px) 100vw, 89px\" \/><\/p>\n<p style=\"text-align: center;\"><strong>Press Release<\/strong><br \/>\n<strong>Indonesian Palm Oil Association (IPOA)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>PRESS RELEASE<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>PRODUCTION DROPS, INDONESIAN MARKET SHRINKS<\/strong><\/p>\n<p style=\"text-align: center;\"><!--more--><\/p>\n<p>JAKARTA \u2013 The production of CPO in December 2024 reached 3,876 thousand tons, which were 10.55% lower than the production in November 2024 at 4,333 thousand tons. The production of PKO also decreased to 361 thousand tons from 412 thousand tons in November 2024. As a result, total production of CPO in 2024 amounted to 48,164 thousand tons, while total production of PKO at 4,598 thousand tons. Totally, production of CPO and PKO during 2024 reached 52,762 thousand tons, which were lower by 3.80% compared to production in 2023 at 54,844 thousand tons.<\/p>\n<p>Total consumption of CPO and PKO during December 2024 reached 2,187 thousand tons, which was higher than that in November 2024 at 2,030 thousand tons. The increase of consumption was seen for foods, biodiesel and oleochemical.<\/p>\n<p>During 2024, the total consumption for foods reached 10,205 thousand tons, which was lower by 0.90% than the consumption in 2023 at 10,298 thousand tons. The consumption for oleochemical reached 2,207 thousand tons, which was lower by 2.69% than 2,268 thousand tons in 2023. The consumption for biodiesel reached \u00a011,447 thousand tons, which was higher by 7.51% than 10,647 thousand tons in 2023. Overall, the total consumption in 2024 reached 23,859 thousand tons, which was 2.78% higher than the consumption in 2023 at 23,213 thousand tons.<\/p>\n<p>Total exports in December 2024 reached 2,060 thousand tons, which were 21.88% lower than the exports in November 2023 at 2,637 thousand tons. The biggest drop of exports was seen to India at 246 thousand tons, followed by exports to China at 39 thousand tons. Year to year, the exports declined by 2,680 thousand tons from 32,215 thousand tons in 2023 to 29,535 thousand tons in 2024. The biggest drop was seen to China at \u00a02,381 thousand tons, to India at 1,136 thousand tons, to Bangladesh, Malaysia, USA and EU in smaller quantities. The biggest increase was seen to Pakistan at 486 thousand tons and Middle East at 164 thousand tons, while to Russia and several other countries rose but in smaller quantities.<\/p>\n<p>The export value in 2024 reached US$ 27.76 billion (Rp 440 trillion), which was 8.44% lower than the exports in 2023 at US$ 30.32 billion (Rp 463 trillion). The decrease of export value was seen in all products except oleochemical, although in average prices of FOB in US$\/ton all products saw an increase.<\/p>\n<p>With such production, consumption and exports, stock of CPO and PKO by the end of 2024 reached 2,577 thousand tons, which was 18.06% lower than the final stock by the end of 2023 at 3,145 thousand tons.<\/p>\n<p>Considering the trend of local production and consumption, especially with regard to the use for biodiesel, and the trend of price and supply and demand of global vegetable oils, Indonesia\u2019s palm oil production is projected to reach 53.6 million tons, consumption to 26.1 million tons, including for biodiesel 40 percent (B40) at 13.6 million tons. As a result, exports are projected to decrease to 27.5 million tons, which are lower than exports in 2024 at 29.5 million tons. (*)<\/p>\n<p><strong>Jakarta, 6 March 2024<\/strong><br \/>\n<strong>The Indonesian Palm Oil Association (GAPKI)<\/strong><\/p>\n<p><em><u>For further information, please contact:<\/u><\/em><\/p>\n<p><strong>Mukti Sardjono<\/strong><br \/>\n<strong>Executive Director<\/strong><\/p>\n<p><strong>GAPKI<\/strong><br \/>\n<strong>Ph. 021-57943871<\/strong><br \/>\n<strong>Fax. 021-57943872<\/strong><\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2025\/03\/STATISTIK_DATA_DEC_2024-1.png?w=1200&#038;ssl=1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Press Release Indonesian Palm Oil Association (IPOA) PRESS RELEASE PRODUCTION DROPS, INDONESIAN MARKET SHRINKS<\/p>\n","protected":false},"author":1,"featured_media":28315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":70,"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":[3710,3713,3708,3709],"tags":[],"class_list":["post-29432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-info-activity","category-press-release","category-publication","category-recent-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - 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The production of PKO also rose to 394 thousand tons,\u2026","rel":"","context":"In &quot;Info &amp; Activity&quot;","block_context":{"text":"Info &amp; Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/palmoil_rises_press_Release_.jpg?fit=1024%2C672&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/palmoil_rises_press_Release_.jpg?fit=1024%2C672&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/palmoil_rises_press_Release_.jpg?fit=1024%2C672&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/palmoil_rises_press_Release_.jpg?fit=1024%2C672&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":22909,"url":"https:\/\/gapki.id\/en\/news\/2023\/03\/28\/palm-oil-industry-performance-in-january-2023-production-stagnant-stock-drops\/","url_meta":{"origin":29432,"position":1},"title":"Palm Oil Industry Performance in January 2023: Production Stagnant, Stock Drops","author":"admin","date":"March 28, 2023","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) Palm Oil Industry Performance in January 2023: Production Stagnant, Stock Drops The year 2023 was started with the production of CPO in January at 3,892 thousand tons and PKO at 370 thousand tons, which was relatively the same with that of CPO production\u2026","rel":"","context":"In &quot;Info &amp; Activity&quot;","block_context":{"text":"Info &amp; 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\/10\/palmoil_tbs_aljazeera.com_-1.jpg?fit=841%2C515&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_tbs_aljazeera.com_-1.jpg?fit=841%2C515&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_tbs_aljazeera.com_-1.jpg?fit=841%2C515&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_tbs_aljazeera.com_-1.jpg?fit=841%2C515&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":29568,"url":"https:\/\/gapki.id\/en\/news\/2025\/03\/27\/consumption-and-export-drop-stock-rises\/","url_meta":{"origin":29432,"position":2},"title":"Consumption and Export Drop, Stock Rises","author":"admin","date":"March 27, 2025","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PRESS RELEASE CONSUMPTION AND EXPORT DROP, STOCK RISES JAKARTA - The total production of CPO in January 2025 reached 3,828 thousand tons and PKO at 356 thousand tons, making total production of CPO and PKO drop to 4,184 thousand tons or lower by\u2026","rel":"","context":"In &quot;Info &amp; Activity&quot;","block_context":{"text":"Info &amp; Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"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":30583,"url":"https:\/\/gapki.id\/en\/news\/2025\/10\/30\/consumption-rises-exports-drop\/","url_meta":{"origin":29432,"position":3},"title":"Consumption Rises, Exports Drop","author":"admin","date":"October 30, 2025","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PRESS RELEASE CONSUMPTION RISES, EXPORTS DROP JAKARTA \u2013 Production of CPO (Crude Palm Oil) in August 2025 reached 5,062 thousand tons, decreased -1,00% compared to that of the previous month at 5,113 thousand tons. Production of PKO (Palm Kernel Oil) also decreased from\u2026","rel":"","context":"In &quot;Info &amp; Activity&quot;","block_context":{"text":"Info &amp; Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/10\/ilustrasi_tbs_pko_cpo_dok_gapki.id_.jpg?fit=988%2C605&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/10\/ilustrasi_tbs_pko_cpo_dok_gapki.id_.jpg?fit=988%2C605&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/10\/ilustrasi_tbs_pko_cpo_dok_gapki.id_.jpg?fit=988%2C605&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/10\/ilustrasi_tbs_pko_cpo_dok_gapki.id_.jpg?fit=988%2C605&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":29862,"url":"https:\/\/gapki.id\/en\/news\/2025\/06\/24\/cpo-production-surges-but-exports-take-a-hit\/","url_meta":{"origin":29432,"position":4},"title":"CPO Production Surges, But Exports Take a Hit!","author":"admin","date":"June 24, 2025","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PRESS RELEASE EXPORTS DROP, STOCK RISES CPO production in April 2025 increased due to seasonal factor by 2% to 4,479 thousand tons from 4,391 thousand tons in previous month, while production of PKO rose to 425 thousand tons from 417 thousand tons. Year\u2026","rel":"","context":"In &quot;Info &amp; Activity&quot;","block_context":{"text":"Info &amp; Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/06\/picture_image_ilustration_.jpg?fit=683%2C452&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/06\/picture_image_ilustration_.jpg?fit=683%2C452&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/06\/picture_image_ilustration_.jpg?fit=683%2C452&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":30407,"url":"https:\/\/gapki.id\/en\/news\/2025\/09\/24\/production-stays-high-exports-drop\/","url_meta":{"origin":29432,"position":5},"title":"Production Stays High, Exports Drop","author":"admin","date":"September 24, 2025","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PRESS RELEASE PRODUCTION STAYS HIGH, EXPORTS DROP JAKARTA \u2013 Production of CPO in July 2025 reached 5,113 thousand tons, increasing 6.00% from 4,823 thousand tons in the previous month. 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