The 2024 forecasted data for global palm kernel oil import volumes highlight China as the leading importer with 792.0 thousand metric tons, followed by the United States and Germany. Notably, China experienced a slight increase in imports by 1.26% year-on-year, while the United States showed a more significant growth at 2.68%. Smaller markets like Kenya and Uganda registered substantial growth rates of 3.71% and 5.92%, respectively. However, some countries like Ukraine saw a drastic reduction of 24.21%, and Asian markets such as Myanmar experienced a sharp decline of 19.73% over the last year.
Looking ahead, key trends to watch include the increasing influence of environmental and sustainability regulations, which could impact import volumes. Shifts in global trade policies and potential geopolitical tensions, particularly affecting regions like Asia and Europe, may also play a crucial role in shaping the future landscape of global palm kernel oil imports.
Top countries in Palm Kernel Oil Import Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 792 | 2023 | +2.19% | +1.26% | View data |
| 2 | 2 United States | 403 | 2023 | +1.77% | +2.68% | View data |
| 3 | 3 Germany | 382 | 2023 | -0.26% | +0.64% | View data |
| 4 | 4 Malaysia | 317 | 2023 | +1.28% | -0.13% | View data |
| 5 | 5 Netherlands | 258 | 2023 | +2.38% | +2.15% | View data |
| 6 | 6 Brazil | 193 | 2023 | 0% | -0.21% | View data |
| 7 | 7 Philippines | 91 | 2023 | -1.09% | -0.43% | View data |
| 8 | 8 India | 86 | 2023 | -5.49% | -7.35% | View data |
| 9 | 9 Mexico | 82 | 2023 | +1.23% | +0.5% | View data |
| 10 | 10 Japan | 69 | 2023 | -1.43% | -2.67% | View data |
