CPO exports fetch US$3.74 billion in March 30th April 2021
GAPKI logo. (dokumentasi GAPKI)
An increase in price and volume is believed to have led to palm oil exports soaring to around US$3.74 billion Jakarta (ANTARA) - Indonesia’s crude palm oil (CPO) exports in March this year reached US$3.74 billion, an increase of 80 percent from US$2.08 billion recorded in the previous month.
The foreign exchange earnings were obtained from the export of 3,244 tons of CPO, an increase of 62.7 percent from 1,994 tons in February, 2021, chief of the Indonesian Palm Oil Producers Association (Gapki), Joko Supriyono, disclosed in Jakarta on Friday.
“An increase in price and volume is believed to have led to palm oil exports soaring to around US$3.74 billion, he said.
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Food Anti-Caking Agents Market by Type (Calcium Compounds, Sodium Compounds, Silicon Dioxide, and Microcrystalline Cellulose), Application (Seasonings and Condiments, Bakery, Dairy, and Soups and Sauces), Source & Region - Global Forecast to 2025 , published by MarketsandMarkets, the market size is estimated to be USD 822 million in 2020 and is projected to reach USD 1,074 million by 2025, at a CAGR of 5.5% during the forecast period. One of the major factors driving the food anti-caking agents industry is the increasing gap between cocoa butter demand & supply. Also the increase in the consumption of confectionery and processed foods and rise in the demand for clean label food products have been driving the growth of this market.
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Increase in the consumption of confectionery and processed foods and rise in the demand for clean label food products have been driving the growth of food anti-caking agents market.
The report “ by Type (Calcium Compounds, Sodium Compounds, Silicon Dioxide, and Microcrystalline Cellulose), Application (Seasonings and Condiments, Bakery, Dairy, and Soups and Sauces), Source & Region – Global Forecast to 2025“, published by MarketsandMarkets™, size is estimated to be USD 822 million in 2020 and is projected to reach USD 1,074 million by 2025, at a CAGR of 5.5% during the forecast period. One of the major factors driving the food anti-caking agents industry is the increasing gap between cocoa butter demand & supply. Also, the increase in the consumption of confectionery and processed foods and the rise in the demand for clean label food products have been driving the growth of this market.