The re-import of palm oil or fractions simply refined to Canada is projected to increase steadily, based on the forecast data from 2024 to 2028. Starting at 4.19 thousand kilograms in 2024, it grows to 4.99 thousand kilograms by 2028. Assuming 2023 stood at even or slightly below 4 thousand kilograms, the growth indicates a substantial year-on-year increase. The compound annual growth rate over five years demonstrates a promising upward trajectory in volumes.

Future trends to watch for include:

Potential market disruptions due to regulatory changes on palm oil usage in North America.
Shifts in consumer preferences towards sustainable palm oil products impacting import volumes.
Fluctuations in global palm oil prices influencing cost and volume dynamics.