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President Jokowi stated his support for the utilization of genetically engineered (GE) crops (i.e., soybeans) in his September 2022 speech. To date, ten GE events have been allowed for cultivation in Indonesia (i.e., one GE sugarcane, one GE potato...
Indonesia’s lower Robusta coffee production is expected to cut coffee bean exports by 35 percent to 5 million bags in 2023/24, which has already caused a surge in imports in the first half of the marketing year.
The El Nino climate pattern is expected to reduce Indonesia's 2022/23 rice and corn production. Post estimates Indonesia's 2022/23 corn production to decline to 12.3 million metric tons (MMT) compared to the previous estimate of 12.9 MMT.
On, September 26, 2023, the Government of Indonesia (GOI) announced it will authorize the importation of an additional 2 million metric tons (MMT) of rice to offset rice production shortfalls and bring down rice prices. BULOG, a state-owned logistics company, reported its 2022/23 ending stocks risk falling below food security levels.
In 2022, the Indonesian foodservice industry was valued at $29 billion, an almost 30 percent increase from the previous year, making it the largest foodservice market in Southeast Asia.
The introduction of E5 gasoline in July 2023 restarted Indonesia’s bioethanol consumption after years of inactivity, albeit to a modest start of an estimated 2 million liters for 2023 due to E5’s price premium in a price sensitive market.
El-Nino weather patterns, which bring less rain than normal, are expected to peak in August to September 2023.
Economic slowdowns in Indonesia’s export destination countries curbed Indonesia’s imports and consumption of wheat.
In 2022, the total value of grocery retail sales in Indonesia reached $100 million, a 9 percent increase from the previous year due to the easing of pandemic-related measures.
Indonesia is a key stakeholder and an active participant at global environmental fora. Home to a vast swathe of rainforest, Indonesia is ranked as the world’s tenth largest emitter of greenhouse gases (GHG), mainly due to land-use change and energy sector emissions.
State-owned Indonesian energy company Pertamina will launch a new gasoline product containing 5 percent ethanol in late June 2023, utilizing ethanol derived from domestic sugarcane.
Post forecasts Indonesia coffee production at 9.7 million bags in 2023/24, a decline of 18 percent from the previous year as excessive rainfall disrupted the cherry development stage, lowering yield in major Robusta producing areas.