The forecast for Spain's palm oil export volume indicates a steady increase from 2024 to 2028. In 2023, the volume stood at 84.0 thousand metric tons. The year-on-year variation shows consistent growth, with 2.3% from 2024 to 2025, 3.4% from 2025 to 2026, 2.2% from 2026 to 2027, and 2.2% from 2027 to 2028. Over the past five years, the compound annual growth rate (CAGR) stands at approximately 2.48%.
Future trends to watch for include potential impacts of environmental regulations and policies on palm oil production and exports, shifts in global market demand, and advances in sustainable palm oil practices that might influence Spain's export capacity and competitiveness.
