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High commodity prices in the international market during the last term of 2022 are expected to impede the growth of 2022/23 Indonesian wheat imports and curb the use of wheat in feed formulation.
Indonesia palm oil production for 2023/24 is forecast at 46 million metric tons (MMT), an increase of 3 percent from the previous year.
The Ministry of Agriculture (MOA) recently stepped up its enforcement of fresh animal product registrations. These new requirements are just two of the many provisions contained in MOA Regulation Number 15 Year 2021.
The Indonesian foodservice industry is valued at USD$22.8 billion, making it the largest market in Southeast Asia. Leading U.S. food prospects in this market include cheese, frozen potatoes, beef, fruits, pork, wine, and tree nut products that mostly used by international hotel chains, high-end restaurants, and international fast-food chains.