Assessment of the Indonesian Palm Oil Industry 2017
- Smart Research Insights
- September 2017
- 35 pages
Palm oil is the most widely produced category of vegetable oil produced globally, despite high environmental concerns around its production. Globally, most of the palm oil is produced in Asia, Africa and South America because of the suitable weather conditions in these regions.
The global consumption of palm oil has grown consistently at approximately 7% per annum for the last two decades. The global demand has been growing substantially boosted by the rising consumption in emerging Asian economies primarily India and China. Palm oil output in 2016, was hit by the strong effects of the lingering El Nino weather in 2015. In 2017, global palm oil production is expected to grow by 6 million tonnes.
The South-East Asian palm oil production went down in 2016 to 3.26 tonnes/hectare as compared with 3.62 tonnes/hectare in 2015 due to El Nino. This caused the global palm oil output to reduce for the first time in almost 20 years. Indonesia is the largest palm oil producer in the world followed by Malaysia and Thailand. Indonesia and Malaysia together account for over 85% of the world supply of palm oil.
In 2016, Indonesia produced 34.5 million tons of crude palm oil, a drop of 3% year-on-year due to the El Nino weather phenomenon. The 34.5 million tons of Indonesian palm oil that were produced in 2016 included 31.5 million of CPO and 3 million tons of palm kernel oil (PKO). In 2017, is is expected that Indonesia will produce 36.5 million tonnes of palm oil.
Why should the report be purchased?
The report Assessment of the Indonesian Palm Oil Industry 2017 highlights the key dynamics of Indonesia's palm oil sector. The potential of the sector has been investigated along with key challenges. The current market scenario and future prospects of the sector has also been studied. Key players including Astra Agro Lestari, Bakrie Sumatera Plantations, Indofood Sukses Makmur, Sampoerna Agro, BW Plantation, PP London Sumatra Indonesia, Wilmar International Limited have been profiled. The report contains latest industry leaders opinions.
Research methodology and delivery time
Smart Research Insights has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
The report is available as single-site single-user license and the delivery time for the electronic version of the report is 3 business days. The dispatch time for hard copies is 4 business days, as each hard copy is custom printed for the client.
About Smart Research Insights (SRI)
SRI is a research organization specializing in industry research reports and custom research. Our team of dedicated researchers with rich experience across industry segments focuses on delivering high quality analysis. Undertaking in-depth secondary research, we arrive at key insights, which are supported by data that has been analyzed impartially to present a clear picture of the industry. All recent developments and industry opinions which impact the sector dynamics are captured and used to support the research hypothesis.
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