• planet is paying for palm oil profits – palm oil mill in Indonesia
  • planet is paying for palm oil profits – palm oil mill in Indonesia
  • planet is paying for palm oil profits – palm oil mill in Indonesia
  • planet is paying for palm oil profits – palm oil mill in Indonesia
  • What is Indonesia's role in the palm oil trade?
  • According to Palmoilmagazine.com citing Palm Oil Analytic, Indonesia’s palm oil sector significantly contributes to the economy, serving as the largest export commodity and bolstering the country’s trade balance with an average annual income of around US$20 billion. Global demand underscores Indonesia’s central role in the palm oil trade.
  • Does Indonesia need palm oil?
  • Indonesia requires fuel producers to make a blend of diesel fuel that contains 35% palm oil and wants that share to rise to 40% in 2025 . The government began to cultivate palm oil in the 1980s in the hopes of boosting the economy and providing jobs. It now accounts for 3.5% of gross domestic product, government statistics showed.
  • Why is oil palm plantation growing in Indonesia?
  • Oil palm plantation has expanded rapidly in Indonesia, driven by the enormous increase in the global demand for oil palm products. While the production and exporting of oil palm products have stimulated economic growth and improved living standards of local people, the expansion has imposed significant costs on the environment.
  • Why is Indonesian oil palm demand rising?
  • Therefore, the trend of rising demand for oil palm products from Indonesia is expected to continue even if there are growing movements boycotting Indonesian oil palm products due to concerns about the threats to environmental conservation.
  • How much palm oil did Indonesia produce in 2023?
  • Palm oil production reached 50 million tonnes in 2023 from 45 million tonnes the year before, according to the Indonesian Palm Oil Association.
  • How much oil palms will Indonesia import by 2050?
  • We estimated that about 313–679 million tons of oil palm products (fruit equivalent) from Indonesia would be needed by the top 30 importers by 2050 under different international trade scenarios (less-open-world scenario, business-as-usual scenario, and more-open-world scenario), resulting in an additional expansion by 18.58–45.59 million hectares.