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  • Where does Indonesia import soybean oil?
  • Imports In 2022, Indonesia imported $66.8M in Soybean Oil, becoming the 47th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 427th most imported product in Indonesia. Indonesia imports Soybean Oil primarily from: Malaysia ($28.4M), Thailand ($26.4M), Brazil ($5.54M), Australia ($2.76M), and Singapore ($2.15M).
  • What is edible oil in Indonesia?
  • In Indonesia, edible oil is a staple ingredient in traditional cuisine and is also extensively utilized in the food processing industry. The primary types of edible oil consumed in Indonesia include palm oil, coconut oil, soybean oil, and sunflower oil. Executive Summary
  • How big is the edible oil market in Indonesia?
  • The Edible Oils market in Indonesia is projected to grow by 6.47% (2024-2029) resulting in a market volume of US$4.68bn in 2029.
  • Why do Indonesians prefer organic edible oils?
  • In Indonesia, more people prefer to choose organic edible oils because it is healthier than the conventional variants. It is also free from synthetic preservatives and goes through less chemical treatment which can lead to healthier consumption.
  • What factors influence the edible oil market in Indonesia?
  • Underlying macroeconomic factors: The Edible Oils Market in Indonesia is significantly influenced by macroeconomic factors such as global commodity prices, trade policies, and domestic economic stability. Fluctuations in palm oil prices on the international market can directly impact local producers and consumer prices.
  • Which country exports soybean oil in 2022?
  • Exports In 2022, Indonesia exported $111M in Soybean Oil, making it the 24th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 248th most exported product in Indonesia.