Forecast: Palm Kernel Oil Production in Indonesia

The forecast for palm kernel oil production in Indonesia indicates a gradual increase over the next five years. Starting from 5.33 million metric tons in 2024, production is expected to rise to 5.46 million metric tons in 2025, 5.59 million metric tons in 2026, 5.71 million metric tons in 2027, and 5.84 million metric tons by 2028. This follows a stable growth trend observed in previous years, with the production in 2023 at 5.21 million metric tons. Year-on-year variations over the past two years demonstrate consistent growth, with an annual average growth (CAGR) over the last five years reflecting a moderate, steady increase.

Future trends to watch for include:

  • Potential impacts of environmental regulations and sustainability initiatives on production
  • Fluctuations in global demand and palm kernel oil prices
  • Technological advancements in palm cultivation and oil extraction processes
  • Effects of climate change on palm oil plantations and yield productivity

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