The global import volume share for palm kernel oil in 2023 highlights China as the leading importer, followed by the United States and Germany. Notable year-on-year variations include China's moderate growth of 1.26%, while the United States and Germany increased by 2.68% and 0.64%, respectively. Noteworthy growth is seen in Kenya (3.71%) and Ghana (14.87%), contrasting with significant declines in Myanmar (-19.73%) and Portugal (-100%). Over the last five years, Brazil and the Philippines showed stable imports.
Future trends to watch include increasing demand from emerging economies with strong economic growth, potential geopolitical tensions affecting trade routes, and evolving regulations on sustainable and ethical sourcing impacting global trade dynamics.
Top countries in Palm Kernel Oil Import Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 23.82 | 2023 | +2.19% | +1.26% | View data |
| 2 | 2 United States | 12.12 | 2023 | +1.77% | +2.68% | View data |
| 3 | 3 Germany | 11.49 | 2023 | -0.26% | +0.64% | View data |
| 4 | 4 Malaysia | 9.53 | 2023 | +1.28% | -0.13% | View data |
| 5 | 5 Netherlands | 7.76 | 2023 | +2.38% | +2.15% | View data |
| 6 | 6 Brazil | 5.8 | 2023 | 0% | -0.21% | View data |
| 7 | 7 Philippines | 2.74 | 2023 | -1.09% | -0.43% | View data |
| 8 | 8 India | 2.59 | 2023 | -5.49% | -7.35% | View data |
| 9 | 9 Mexico | 2.47 | 2023 | +1.23% | +0.5% | View data |
| 10 | 10 Japan | 2.08 | 2023 | -1.43% | -2.67% | View data |
