The forecasted palm kernel oil stock in Italy shows stability with minor annual fluctuations. In 2023, the stock stood at 6.0 thousand metric tons. Forecasts indicate an increase to 7.0 thousand metric tons from 2025 to 2027, with a further increase to 8.0 thousand metric tons by 2028. This translates to a year-on-year growth of approximately 16% from 2024 to 2025, remaining stable for two years, followed by another 14% growth in 2028. The compound annual growth rate between 2024 and 2028 is around 7.5%.
Future trends to watch for include:
- Potential impacts of sustainability initiatives on palm oil production and demand.
- Changing European Union regulations and consumer preferences towards palm oil alternatives.
- Global market disruptions that could affect supply chains and pricing.
