In 2023, the UK imported an estimated volume of palm nut or kernel oil cake and other solid residues. Forecasts indicate a slight, progressive decline in imports from 392.99 million kilograms in 2024 to 368.5 million kilograms in 2028. The reductions reflect a consistent downward trend with minor year-on-year decreases. Analyzing this, the average annual decline over the forecast period equates to a modest compound annual growth rate (CAGR).
Future trends to watch for include the impact of sustainability initiatives on import volumes, potential trade policy shifts, and evolving demand in domestic and international markets that could influence the UK's import needs.
