What is the development of oil palm seed industry in Indonesia?
Another interesting thing about the development of the oil palm seed industry in Indonesia is that the market structure of oil palm seeds in Indonesia tends to monopolistic competition market, where the basis of competition is not dominated by price but also non-price competition variables such as quality, promotion, networking, and payment system.
Does Indonesia produce palm oil?
The table above shows production of palm oil has grown rapidly in Indonesia over the past decade. The Indonesian Palm Oil Association (Gapki) stated that its target is to see Indonesia producing at least 40 million tons of CPO per year from 2020.
How many varieties of oil palm seed are there in Indonesia?
The presence of the oil palm seed industry in Indonesia has succeeded in preserving and developing 4 varieties in 1848 to 58 varieties, which were produced by 18 oil palm seed industries in Indonesia in 2020.
What is affecting Indonesia’s palm oil production & exports?
Indonesia: Oilseeds and Products Annual Insight and analysis from FAS’s overseas offices on issues affecting agricultural production and trade. Favorable weather, increased use of fertilizer, and surging prices are expected to push Indonesia’s palm oil production and exports to record highs 2021/22.