Investor Presentaiton
Overall Export Duty & Export Receipts From Palm Products
(a.o March 2022)
Grew positively driven by commodity prices in copper and CPO
EXPORT
DUTY
2021 2022 Growth yoy
Trillion Rupiah
227.75%
151.70%
73.86%
JAN-MAR
YOY
3.88
3.65
3.18
2019
1.08
-27.54%
2020
0.73
-32.56%
2.23
2021
4.61
534.85%
1.26
2022
10.70 132.22%
Jan
Feb
Mar
1.11
PALM OIL
REALIZATION
2021
2022
Growth
-33.96%
-31.62%
-47.01%
8.66
Trillion Rupiah
JAN-MAR
YOY
5.72
2020
3.43
3.46
4.81
3.29
2021
20.01 483.02%
2022
12.47 -37.67%
Jan
Feb
Maret
6.54
Commodities
Minerals
- Copper
1,638.71
393.58
0.00
204.42%
Export duty reached Rp10.70 trillion or grew significantly by 132.22% (yoy), the highest
since pre-pandemic;
■ Revenue performance is still dominated by CPO Derivatives and Copper;
209.08% ■ Revenue from Palm Oil Products grew by 120.79% (yoy), driven by high prices which
resulted in maximum export tariffs and the imposition of export duty on derivative
products;
181.04%
PERFORMANCE BY COMMODITIES
(Billion Rupiah)
Jan-March
Growth
2021
2022
667.60
2,032.29
530.20
- Bauxite
Others
Palm Products
- Kernel
CPO
CPO Products
Other Export Duty
Total
2,484.56
36.91
4,608.92
140.04
-2.63
3,904.41
440.00
979.85
-100.00%
8,620.40
1,214.17
951.47
6,454.76
50.15
10,702.84
120.79%
175.95%
-2.90%
159.80%
35.87%
132.22%
■ Revenue from Copper grew by 209.08% (yoy) driven by increased export volume and
high copper prices;
■ In January and February the Palm Oil Fund experienced a decrease in the impact of a
decrease in volume, but in March the Palm Oil Fund began to increase resulting from
widening progressive tariff to USD 1500/ton.
Source: Ministry of Finance
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