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Journal : agrise

DETERMINANT EXPORT VOLUME OF CRUDE PALM OIL (CPO) IN INDONESIA AND MALAYSIA IN THE EUROPEAN UNION MARKET Mirawati Yanita; Suandi Suandi
Agricultural Socio-Economics Journal Vol. 23 No. 1 (2023): JANUARY
Publisher : Socio-Economics/Agribusiness Department

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.agrise.2023.023.1.3

Abstract

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 results showed that the development of Indonesian and Malaysian CPO export volumes in the European Union fluctuated but tended to increase from 1990 to 2019. Indonesia's CPO export volume in the European Union significantly affects International CPO prices, real exchange rates, and RED Policies. In contrast, the volume of Malaysian CPO exports in the European Union significantly influences International CPO prices and real exchange rates. The RED policy positively influenced the volume of Indonesian and Malaysian CPO exports in the European Union before and after enacting the policy. In the future, it is necessary to increase the use of CPO in the country and develop palm oil derivative products to get priority and sustainability.
Co-Authors A. Rahman Adikusuma, Fakta Afifah Suti Nasution, Haura ANDY MULYANA Ardhiyan Saputra Ardhiyan Saputra Ardhiyan Saputra, Ardhiyan Ardiyan Saputra Arianti, Dwi Armen Mara Baehaqi Bambang Irawan DMT Napitupulu DMT. Napitupulu Dompak MT Napitupulu Dompak MT Napitupulu Dompak MT Napitupulu Dompak MT Napitupulu Dompak MT Napitupulu Dompak Napitupulu Dompak Napitupulu, Dompak Edison Elwamendri Endi Harmoko Endy Effran Ernawati Ernawati Ernawati Hamid Ernawati Hamid Ernawati HD Ernawati HD Ernawati HD Ernawati HD, Ernawati HD Ester Natalia Panjaitan Fauzia, Gina Febiyola, Febiyola Gadis Dyah Pavita Gina Fauzia Gina Fauzia Gina Fauzia Gita Puspitasari Hamid, Ernawati Happy Blessing Sarumaha Haris, Muhamad HD, Ernawati Ira Wahyuni Jamaluddin Jamaluddin Karina Rahmah Karina Rahmah Kurnia Subhani M. Farandika Akbar Manuel Leonardo Mawar Melania Mirza Antoni Napitupulu Dompak Napitupulu, Dompak MT Napitupulu, Richard RP Nisah Auliyah Nurwijayanti Oliviandari, Windi Pembayun, Adinda Ayu Primadiptha Gevinanda, Ayu Rahmi Dianita Rahmi Rahmi Roja Magdalena, Feibe Rozaina Ningsih Rozaina Ningsih, Rozaina Saidin Nainggolan, Saidin Saragih, Nestalida Sarah Nasution, Siti Sariani, Sariani Siadari, Ulidesi Siti Kurniasih Sri Utami Lestari Suandi Suandi Suandi Suandi Suandi Subhani, Kurnia Susliana, Susliana Sutoyo, Mochammad Arief Hermawan Tridio Saputra, Rahmad Ulidesi Siadari Willya Eka Sari Yazid, M. Yazid, M. Yuli Ambarwati, Nadia Yumanita, Siska Yusma Damayanti Zulkifli Alamsyah Zulkifli Alamsyah Zulkifli Alamsyah Zulkifli Alamsyah Zulkifli Zulkifli