Several Factors Affect the Exports Volume of Indonesian CPO (Crude Palm Oil) Commodity (original) (raw)

This research aims to examine the effect of the WPI (wholesale price index) on non-oil and gas exports, the area of private estates for Indonesian palm commodities, and Malaysia's CPO production on the Indonesian CPO export volume (crude palm oil). The time series data of the export volume of Indonesian CPO for the period 2000-2021 showed trends in export volume going up, but recently in 2016, there started fluctuation. This study uses OLS (ordinary least square) method. The test results showed that the WPI (wholesale price index) of non-oil and gas exports, the area of private estates for Indonesian palm commodities, and CPO production in Malaysia affected the export volume of Indonesian CPO. But, the wholesale price index of non-oil and gas exports got a non-significant and negative effect, WPI (wholesale price index) was a representation of the price, so it happened to cause the importer countries still pay attention to the price changes for the product, and the importer country should be adjusted to the cost that must be incurred. Partially the area of private estates in Indonesia had a significant and positive effect, and it happened cause lands are one of the factors that can increase the production value. Malaysian CPO (crude palm oil) production had a positive and significant effect cause the need for CPO (crude palm oil) product are still growing, so that means both countries were not competitors.