The forecast for Palm Kernel Oil imports in India shows a steady increase from 2024 to 2028, with values rising from 130.0 to 139.0 thousand metric tons. In 2023, the import volume stood slightly below 130.0 thousand metric tons. Year-on-year growth between 2024 and 2025 is 1.54%, with a CAGR of 1.67% over the five-year period, indicating a modest but steady growth trend.
Future trends to watch for include:
- Potential changes in domestic palm oil consumption patterns affecting demand.
- Fluctuations in global palm oil prices impacting import volumes.
- Policy adjustments in India regarding vegetable oil imports and sustainability practices.