The forecast for palm kernel oil import volume in Italy shows a steady upward trend from 63,000 metric tons in 2024 to 69,000 metric tons in 2028. In 2023, the volume stood at just under 63,000 metric tons, indicating a consistent growth trajectory.
- Year-on-year growth rates are: 1.6% from 2024 to 2025, 3.1% from 2025 to 2026, 1.5% from 2026 to 2027, and 3.0% from 2027 to 2028.
- The compounded annual growth rate (CAGR) from 2024 to 2028 is approximately 2.3%.
The market trends to watch for include shifts in global demand influenced by environmental policies, economic conditions in importing regions, and advancements in alternative oils that may affect future palm kernel oil import volumes in Italy.
