PALMOILMAGAZINE, JAKARTA – After 43 years in operation, the Indonesian Palm Oil Association (IPOA) has matured significantly in navigating the dynamics of the palm oil industry. However, challenges persist, and there is much to be addressed to propel the industry forward.
Currently boasting 733 member companies, the IPOA has achieved impressive numbers. Yet, these figures fall short of expectations, considering that there are approximately 3,000 palm oil companies in Indonesia. With cultivation spanning about 3.7 million hectares, the IPOA has only tapped into roughly 30% of the national palm oil potential.
Nonetheless, there are positive developments on the horizon, evident in plans to recruit new members in Lampung Province. This expansion initiative will also increase the number of IPOA branches, which currently stand at only 15.
Also Read: IPOA Targets 10% Growth in ISPO Certifications for Members in 2023
“We would do the best to realize sustainable palm oil industries and deliver welfare,” Chairman of IPOA, Eddy Martono said in the 43rd IPOA anniversary that Palmoilmagazine.com attended, Tuesday (27/2/2024).
Though we are facing issues, palm oil industries significantly keep delivering contribution to the revenue. In 2022, the revenue from palm oil sectors reached US$ 39,07 billion or equal to Rp 600 triliun with the total exports about 33,15 million tons. In 2023, palm oil exports from Indonesia could be about 32,21 million tons.
Palm oil industries keep being in fluctuation both in internal and external factors, such as, in Covid-19 pandemic. But the industries survive and positively contribute to our economy nationally. “We have to get our glory and for the world,” Eddy said. (T2)
