The import forecast for palm nut or kernel oil cake and other solid residues to the UK from 2024 to 2028 shows a consistent decline. In 2024, the value is estimated at $62.163 million, decreasing year by year to $59.06 million by 2028. In 2023, imports stood at an estimated historical value that preceded the decline trend forecasted for 2024. Observing year-on-year variations reveals a steady decrease: 1.28% from 2024 to 2025, 1.28% from 2025 to 2026, 1.26% from 2026 to 2027, and 1.26% from 2027 to 2028. This indicates a consistent downward trend with a CAGR reflective of diminishing imports over the five-year period.

Future trends to watch for include:

Potential policy changes in the UK regarding renewable resources and sustainability that could affect import volumes.
Shifts in global demand and supply dynamics due to changes in palm oil production or trade agreements.
Economic fluctuations affecting the purchasing power and import needs of the UK.