Several Factors Affect the Exports Volume of Indonesian CPO (Crude Palm Oil) Commodity (original) (raw)
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Journal International Dakwah and Communication
This research is motivated by the export of palm oil from Indonesia to Malaysia where there are inconsistencies in the determinants that affect the value of exports which can be seen from the number of production levels, the international trade price index (IHPI) and the rupiah exchange rate. speed. This shows the need for research. more about palm oil exports. In this study aims to determine, analyze, explain the influence of Indonesian palm oil exports to Malaysia. The type of research used is quantitative research supplemented by data for the period 2007 to 2021 sourced from the Central Bureau of Statistics (BPS). The data analysis technique used in this study is the Multiple Regression test which includes the Classical Assumption Test, and the Hypothesis Test. The results of the two tests show that in terms of production volume, the International Trade Price Index (IHPI) tends to be positive and not significant, while the rupiah exchange rate tends to be negative and not signifi...
2004
Crude Palm Oil (CPO) has been one of important agricultural export commodities of Indonesia, but it faces competition with product from other exporting counties as well as trade barriers from importing countries. This study aims to analyse changes in export and comparative and competitive advantage as indicators of Indonesian palm oil competitiveness. By employing trend and DRCR (Domestic Resource Cost Ratio) and PCR (Private Cost Ratio) methods, it is concluded that : (1) Quantity and value of Indonesian palm oil export, especially CPO (Crude Palm Oil) during 1996-2001 increased respectively by 19.91% and 1.52% per annum, namely from 1.67 million tons and US$ 0.83 billion in 1996 to 4.90 million tons and US$ 1.08 billion in 2001; (2) Most Indonesian CPO was exported to India (17.90%), the Netherlands (14,29%) and China (7.14%); (3) Domestic distribution of palm oil was controlled by the government aimed at maintaining the balance between the filling of the domestic demand and the f...
Jurnal Ekonomi Pembangunan
This study aims to analyze the effect of international CPO prices, substitution goods prices, and exchange rates on CPO export volume in Indonesia in the long and short term. The type of research used is quantitative. The data used in this study used secondary data in the form of time series data from January 2014 to June 2022. The data was obtained from the websites of Bank Indonesia (BI), the Indonesian Central Statistics Agency (BPS), the Ministry of Trade and Economic Research. The analysis method used in this study is the Error Correction Model (ECM). The results of research that has been conducted where international CPO prices in the short and long term have a significant and positive influence on Indonesia's CPO export volume. Meanwhile, the price of substitution goods in the short and long term has a negative relationship with CPO Export Volume. Then the variable exchange rate in the long term and in the short term has a significant influence on the CPO Export Volume. F...
The Export Performance of Indonesia’s Palm Oil in International Market
Jurnal Manajemen dan Agribisnis, 2019
This study aims to analyze the performance of Indonesian exports to export destination countries in the international market. The subjects of this study are two Indonesian palm oil commodities: crude palm oil or CPO and processed palm oil or OPO (Other Palm Oil). There are four Indonesian palm oil markets in the international market, namely the Asian market, the European market, the African market, the American market, and the Australian market. The data used in this study is a time series from 1991 to 2016 and analyzed using the CMS (Constant Market Share) method. The CMS method explains the export growth performance in several components, which are the standard growth effect, the effect of product composition, the effect of market distribution, and the effect of competitiveness. The results showed that the performance of Indonesian CPO exports in the period 1991-2016 tended to decline compared to the growth of exports of all world products. Indonesian CPO is more competitive in the Asian market than the European market. The dynamics of Indonesian CPO exports in the African, American and Australian markets are quite good, but these three markets have not become the main destinations for Indonesian CPO exports. Indonesia's OPO export performance in the 1991-2016 period tended to increase compared to the growth in exports of all world products. Indonesian OPO in the Asian and African markets is more competitive than the European market. The dynamics of Indonesia's OPO exports on the American market and the Australian market are quite good, but these two markets have not become the main destinations for Indonesia's OPO market. Thus, Indonesia can maximize the performance of OPO exports when there is a rejection of Indonesian OPO in the international market.
Agricultural Socio-Economics Journal
Crude Palm Oil (CPO) is one of the leading export commodities of Indonesia and Malaysia. After India, the European Union has become the top Indonesian and Malaysian CPO export market share. However, Indonesian and Malaysian CPO exports indicate constraints on CPO exports to the European Union (E.U.). In addition, the European Union also issued a Renewable Energy Directive policy that can impact CPO exports. Therefore, this study is at 1) Describes the development of Indonesian and Malaysian CPO export volumes in the European Union from 1990 to 2019. 2) Analyze The determinants of Indonesian and Malaysian CPO export volumes in the EU Market from 1990 to 2019 3) Describe the impact of the Renewable Energy Directive (RED) policy on Indonesian and Malaysian CPO exports in the European Union Market. This study's data type is secondary data in an annual time series with a time range from 1990 to 2019. The study was analyzed descriptively, and the Regression Analysis was multiple. The ...
International trade is important for a country to drive economic growth. Export is one of the international trade activities carried out by Indonesia, namely the export of CPO commodities. The development of CPO production and exports every year increases, so that the cultivation of oil palm plantations increases but has a negative impact on the environment and decreases the total production of other plantations because most farmers choose to cultivate oil palm. The development of oil palm plantation cultivation also has a positive impact that is the absorption of labor. CPO provides benefits to the country in the form of foreign exchange through exports. The purpose of this research is to find out how the production, price, and USD exchange rate affect the volume of Indonesian CPO export. Data collection was carried out using non-participant techniques in the form of studying the descriptions of books, theses, articles and websites. Data were analyzed using multiple linear regression. The results of this study found that simultaneouslythe production variable 1 , price 2 , and the USD exchange rate 3 had a significant effect on Indonesia's CPO export volume. The production 1 partially has a positive and significant effect on the CPO exports volume. Price 2 and USD Exchange Rate 3 partially have a positive but not significant effect on the CPO exports volume.
Journal of Economics and Sustainable Development, 2014
Palm-cooking oil is considered to be one of the primary commodity for the Indonesians. In the world of the palm-oil products, Indonesia has currently established its contribution to the production of palm-oil goods globally. However, in the local market, Indonesia has experienced the volatility on the price of one of the most popular palm-products': the palm-cooking oil. Extant literature suggest various factors affecting the palmcooking price in Indonesia. The objective of this study is to analyze the influence of the volume of palm-cooking oil production, the Gross Domestic Product (GDP), the consumer price index, the export tax of Crude Palm Oil (CPO), the Indonesian Rupiah (IDR) exchange rate, the volume of CPO production, the price of soybean oil, the size of plantations area, and interest rate on to the price of palm-cooking oil in Indonesia. In addition, by using SEM on the 204 samples covering the period during 1996-2012, this study expands the analysis by further investigating the effect of these nine factors to determine the international price of CPO and the volume export of CPO. Generally, the main findings indicate that the nine factors as mentioned influence the price of palmcooking oil, the international price of CPO and the volume export of CPO individually. More specifically, as the substitution product to the soybean oil, the palm-cooking oil have underlined the greater elasticity due to the various utilities that can be further produced to fulfil the local and international demands that has increased progressively.
Factors Affecting the Performance of Indonesia ’ s Crude Palm Oil Export
2011
Oil palm has played important role in the economy. Since 2007, Indonesia has become the main CPO producer in the world with total production of 16.8 million tons. This research is aimed at analyzing factors affecting the performance of CPO export. The main tool of analysis was multiple regressions with 38 years data. It was found that government policies were not optimum in supporting CPO export, while export financing was the most important factor. The other factor was CPO price in the world market. Meanwhile, the black campaign has significant but negative impact. The prices of sunflower and soybean oil have had significant and positive impact on CPO export volume. Variables which have no impact were domestic price, domestic consumption, CPO production volume, exchange rate, GDP per capita of export destination countries, crude oil price, and government policy. Although affected by global crisis, Indonesia’s CPO export still has a very bright prospect in the
Export intensity and competitiveness of Indonesia's crude palm oil to main destination countries
Agricultural Economics (Zemědělská ekonomika), 2021
Palm oil is a superior product from Indonesia that is continuously and widely used for daily needs such as cooking, grooming, and manufacturing. However, this potential must be supported by oil palm business actors' performance to maintain its intensity and competitiveness. This study investigates how various factors affect Indonesia's crude palm oil (CPO) export intensity and competitiveness by employing panel regression and the basic gravity model. The panel data used here is a 20-year time series with cross-sections from five major importers from 1999 to 2018. The results show that the importer's gross domestic product (GDP) and quantity of export significantly and positively affect Indonesia's CPO export intensity, while the exporter's GDP and economic distance has a significant and negative effect. The factors that positively and significantly influence competitiveness are soybean's import value and Roundtable on Sustainable Palm Oil (RSPO) certification...
Indonesian Journal of Agricultural Research
This study aims to: (1) Analyze the development of Indonesian CPO export competitiveness in the global market from 1998 to 2017 (2) Analyze factors affecting the competitiveness of Indonesian CPO export in the global market from 1998 to 2017. The data used is time series spanning 20 years (1998-2017). The competitiveness of Indonesian CPO export in the global market is presented descriptively in the form of images, while affecting factors are analyzed using a multiple linear regression model. The results show that Indonesian CPO has comparative and competitive competitiveness in the global market. The results of multiple linear regression tests indicate that the factors that comparatively affect the competitiveness of Indonesian CPO exports in the global market are domestic CPO production, global CPO prices and petroleum prices while factors that competitively affect competitiveness are oil palm plantation area, Malaysian export volume, soybean oil price and exchange rates. Factor...