Indonesia's production volume of Crude Palm Oil (CPO) is expected to be slightly lower this 2023 compared to 2022 due to various factors, including weather conditions and large plantations undergoing replanting, have not reached their productive stage. However, the impact on prices is predicted to be minimal as neighboring Malaysia has experienced a recovery in production. In 2022, Indonesia produced 46.729MMT of CPO, slightly lower than the 46.888MMT produced in 2021. For 2023, a decrease of around 1% to 2% is projected compared to 2022.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.