From the price and value of rubber exports that tend to decrease. In addition, rubber production tends to grow at a low level . EIC expects that in 2023, the value of rubber exports will decrease by 7.5%YOY for important risk factors that will affect the industry trend. namely, the global economic situation and the spread of a new type of rubber tree leaf fall disease. • The oil palm industry tends to shrink. According to the price of crude palm oil and the demand for crude palm oil which tends to decrease. In addition, oil palm production tends to grow at a low level.
EIC expects that the price of crude palm oil in 2023 will Phone Number List decrease by 25.8%YOY. In addition, we must also keep an eye on risks from uncertainty. of government policy regarding alternative energy and the crude palm oil export policy of the main exporter, Indonesia. The agricultural industry in 2023 faces many challenges. In addition, the growth of the agricultural industry in 2023 and beyond. Still have to face • Uncertainty of economic conditions and agricultural policies of trading partner/competitor countries In the past The global economic situation is becoming more uncertain. from unexpected events that continuously occur.
The agricultural policies of various countries are also becoming more uncertain. which such situation This will cause the agricultural industry that depends on exports to the world market to face more volatility. • Climate change will make entrepreneurs who use agricultural products as raw materials Faced with more volatile operating results From both production costs and raw material quantities being highly uncertain • Policies and measures to promote the transition to a low carbon economy (Low carbon economy) ) such as international trade measures Collecting carbon taxes, etc., will cause the costs of operating agricultural businesses to increase as well.