The forecasted import volumes of palm kernel and babassu oil, fractions simply refined to the UK show a gradual decline from 2024 to 2028, beginning at 8.0656 million kilograms in 2024 and decreasing to 7.6394 million kilograms by 2028. This indicates a continuous downtrend in volume year-over-year. The absence of actual data from 2023 limits the trend's comparability to that year, but each subsequent year indicates a modest decline in imports, reflecting a compound annual growth rate that is negative over this period.
Future trends to watch for include changes in UK dietary preferences, sustainability initiatives impacting sourcing, and price fluctuations in the global oilseed market, which could alter the trajectory of these imports. Additionally, policy changes post-Brexit could also significantly affect trade patterns.
