Analysis of Indonesian Crude Palm Oil Trends

Indonesia is a naturally resourceful country. One
of these natural resources comes from the agricultural
sector, especially plantations. Crude palm oil (CPO)
currently becomes one of the leading export commodities in
this sector. Indonesian CPO in 2019 increased in production
compared to 2018 from 42.9 to 48.4 million tons. The
increase in CPO export activities for industrial needs is due
to product development and planting area expansion. The
attention of related parties regarding the sustainability of
these export activities also contributes to such an increase.
Evaluation and strategic preparedness based on occurring
possibilities are necessary to face global competition. This
study aims to analyze trends of Indonesian CPO production,
export volume and value, and production areas. It employed
the Least Square analysis method with the time series data of
2015 – 2019. The findings showed that planting areas and
CPO production were increased annually; accordingly, it
increased its export volume and value in the global trade