Indonesia’s palm oil exports may fall 12% in 2027

Indonesia’s palm oil exports could decline by 12.3% in 2027 to 29.73 mln tons, compared with an estimated 33.89 mln tons in 2026. The forecast was released by the Indonesian Palm Oil Association (GAPKI). Joko Supriyono, a senior association official, announced the figures on November 13 during an industry conference in Nusa Dua.

Meanwhile, GAPKI forecasts that combined crude palm oil and palm kernel oil production will decline to 59.87 mln tons in 2027, compared with 61.8 mln tons this year. This represents an expected reduction of approximately 1.93 mln tons, or 3.1%. However, production in 2026 is projected to increase by 9% year-on-year despite severe drought conditions that have negatively affected oil palm cultivation.

According to the association’s forecasts, palm oil exports could decline significantly faster than production next year. If this scenario materializes, the availability of Indonesian palm oil on international markets will decrease, potentially affecting the balance of global edible oil trade.

Tags: Indonesia, palm oil