Between 2023 and 2028, the import of palm kernel and babassu oil fractions to Germany is expected to see a steady increase each year. Forecasts indicate an average rise in import volume by around 3.5% annually. Starting from 146.35 million kilograms in 2024, the volume is projected to reach 159.65 million kilograms by 2028. This upward trend demonstrates sustained demand growth driven potentially by stable economic conditions and ongoing industrial requirements for these oils in Germany.
Future trends to watch for include:
- Potential impact of environmental policies on renewable resource imports.
- Changes in sourcing or production due to geopolitical factors.
- Shifts in consumer preferences, such as demand for sustainable oil production practices.