The forecast for palm kernel oil production in Brazil suggests a steady increase from 71.0 thousand metric tons in 2024 to 80.0 thousand metric tons by 2028. This represents year-on-year growth rates of approximately 2.8% to 2.6%. The compound annual growth rate over this five-year period is expected to be around 2.8%. In 2023, production stood at approximately 69.5 thousand metric tons.
Future trends to watch for include:
- Potential impact of climate change on yield and production efficiency.
- Technological advancements in extraction and farming methods.
- Policy shifts regarding agricultural exports and sustainability practices.
- Fluctuations in global demand influencing domestic production capacity.
