In 2023, Indonesia's supply of palm kernel oil was 5.5 million metric tons. Forecasted data indicates a consistent upward trend from 2024 through 2028, with supply values increasing from 5.6 million metric tons in 2024 to 6.09 million metric tons in 2028. The year-on-year growth rates for 2025, 2026, 2027, and 2028 are 2.14%, 2.27%, 2.05%, and 2.01%, respectively. The compound annual growth rate (CAGR) over the next five years suggests an average annual increase of approximately 2.1%.
Future trends to watch for include the impact of environmental regulations, shifts in global demand, and technological advancements in agricultural practices, which may affect the supply chain dynamics of palm kernel oil in Indonesia.
