The Palm Kernel Oil distribution in Indonesia has steadily increased. In 2023, the value stood at 5.48 million metric tons. Forecasted figures from 2024 to 2028 show a progressive upward trend, starting from 5.6 million metric tons in 2024 and reaching 6.09 million metric tons by 2028. This represents a Compound Annual Growth Rate (CAGR) of approximately 2% over the five-year period.
Year-on-year variations are as follows:
- 2024 to 2025: 2.14%
- 2025 to 2026: 2.27%
- 2026 to 2027: 2.05%
- 2027 to 2028: 2.01%
Future trends to watch for include the influence of sustainable palm oil certification, shifts in global demand for edible oils, and the impact of any new agricultural policies in Indonesia that could either promote or restrict palm cultivation.
