palm oils-an overview in Indonesia

How Indonesia’s Palm Oil Exports Reached 52% of World Trade. Astra Agro Lestari Tbk PT . Based in Indonesia, Astra-Agro has called this country for the past 30 years — this company is a regular in most lists comprising of the top 10 Indonesian palm oil companies. They own 297,011 hectares of palm oil plantations and collaborate with 51,709 oil palm smallholders organized in 2,396

Produksi Minyak Sawit di Indonesia Palm Oil Production in Indonesia World’s First Largest Producer and Exporter of Palm Oil. Indonesia currently accounts for 55% of World Palm Oil Production. Indonesia is providing more than half of the World’s Supply of Palm Oil.

Palm Oils. Palm oil (dende oil) is the number one vegetable oil in terms of volume commercialized on the world market, and it serves as a support for two large industrial sectors in Brazil: the food industry and the oleochemical industry with countless uses and applications of palm oil and palm kernel oil, both in products involving human and animal diets and other non-alimentary uses (Embrapa

Global Palm Oil Industry Overview . Despite the negative issues sometimes linked to palm oil production, such as rainforest deforestation, habitat degradation, and human rights abuses, the global demand for palm oil is still growing, while Indonesia aims to increase the yield of existing plantations through intensification methods.

The palm oil industry is a significant contributor to Indonesia’s economy and a vital employer in the vast rural areas of Sumatra and Kalimantan. As one of the country’s major export commodities, palm oil is also an important foreign exchange earner.

Indonesia overtook Malaysia as the largest palm oil exporter in 2008 and currently holds over 50% of global market share. The industry is broadly split among private enterprises accounting for an estimated 48% of production, small hold farmers at 40% and state owned plantations at 12%.

Palm oil is a small ingredient in the U.S. diet, but more than half of all packaged products Americans consume contain palm oil—it’s found in lipstick, soaps, detergents and even ice cream. Palm oil is a very productive crop. It offers a far greater yield at a lower cost of production than other vegetable oils.

Palm oil enjoyed a robust 2019, as Indonesia, the world’s largest producer, increased the use of biodiesel made from the commodity while output growth slowed because of dry weather. Historically, Palm Oil reached an all time high of 4298 in March of 2008.

Moreover, stakeholders in Indonesia's and Malaysia's palm oil industry argue the bill is an example of protectionism or discrimination as other major vegetable oils such as soybean oil, sunflower oil, and rapeseed oil are not affected by the ban, while these commodities also cause deforestation.

Palm oil is literally everywhere in our foods, cosmetics, cleaning products and fuels. It’s a source of huge profits for multinational corporations, while at the same time destroying the livelihoods of smallholders. Displacement of indigenous peoples, deforestation and loss of biodiversity are all consequences of our palm oil consumption.