Indonesia’s palm oil output on course to rise 10% in 2025, association says

Indonesia’s palm oil output could rise up to 10% this year to around 56 million tonnes, higher than previous projections, with production supported by favourable weather and strong prices, Indonesia’s palm oil association GAPKI said on Tuesday. “Hopefully this year we can still grow compared to last year — our estimate is around 10%, to 56-57 million tonnes,” GAPKI secretary general M Hadi Sugeng told reporters. “The weather is favourable in 2024 and 2025, with no prolonged rainfall, and good prices last year have prompted our farmers to take better care of their plantations,” Sugeng added. GAPKI has revised its full-year forecast up from the previous 53.63 million tonnes. Output of 57 million tonnes would amount to an increase of 8% compared to 2024. Indonesia’s palm oil exports are likely to increase to around 30-31 million tonnes, compared to 29 million tonnes shipped out in 2024, Sugeng added, with the increase in production offsetting growing domestic demand driven by an ...