PALMOILMAGAZINE, JAKARTA – Indonesia’s palm oil exports in January 2025 saw a decrease compared to the previous month. According to the report from the Indonesian Palm Oil Entrepreneurs Association (GAPKI), the total exports for the month reached 1.96 million tons, a drop of 100,000 tons compared to December 2024, which totaled 2.06 million tons.
The biggest drop occurred in crude palm oil (CPO) exports, which fell sharply by 43.58%, from 69,000 tons in December 2024 to just 39,000 tons. Exports of oleochemicals also saw a decline of 9.43%, from 428,000 tons to 388,000 tons. Meanwhile, exports of processed CPO products decreased slightly by 1.1%, from 1.465 million tons to 1.449 million tons.
GAPKI Executive Director Mukti Sardjono explained that this drop in exports was also reflected in shipment volumes to several key destination countries. Exports to Pakistan saw the largest drop, down by 199,000 tons or 53%. “There was also a decrease in exports to China by 42% (197,000 tons), India by 36% (62,000 tons), Malaysia by 41% (60,000 tons), and the United States by 22% (49,000 tons),” he said in a statement to Palmoilmagazine.com on Friday (March 28, 2025).
Also Read: CPO Futures Fluctuate Amid Trade Tensions and Supply Concerns
However, exports to the European Union increased by 53% (69,000 tons). There was also a rise in exports to Africa, up by 18% (48,000 tons), particularly to Egypt, which saw a sharp increase of 73% (37,000 tons).
This drop in exports also impacted the value of Indonesia’s palm oil exports. The price of palm oil in international markets fell from US$ 1,313 per ton in December 2024 to US$ 1,208 per ton in January 2025. As a result, export value decreased from US$ 2.379 billion (approximately Rp 38 trillion) to US$ 2.274 billion (approximately Rp 36 trillion).
With the current production, consumption, and export levels, palm oil stocks at the end of January 2025 rose by 360,000 tons, from 2.576 million tons to 2.936 million tons. This increase in stock levels could affect the movement of palm oil prices in the coming months. (P2)
