The non-food uses of palm oil in Denmark have shown notable variations over the years. The period from 2014 to 2022 witnessed fluctuating figures, with the lowest value of 59.0 thousand metric tons in 2016 and the highest of 80.0 in 2018. Specifically, 2023 marked a slight increase of 1.32% year-on-year, bringing the value to 77.0 thousand metric tons. Reviewing the last five years, a slight average annual decrease of -0.76% (CAGR) is evident. The data predicts stability from 2024 onwards, maintaining 77.0 thousand metric tons through 2028, indicating no growth.

Future trends to watch for:

Potential market influences like sustainability initiatives impacting production.
Technological advancements in alternative materials.
Regulatory changes impacting non-food industrial applications of palm oil.