Forecast: Palm Oil Stock Variation in Mexico

In 2023, the stock of palm oil in Mexico stood at 49.0 Thousand Metric Tons. Based on forecast data, the stock is expected to increase steadily from 2024 to 2028. In 2024, it is projected to be 51.0 Thousand Metric Tons, marking an approximate 4.08% year-on-year increase from 2023. This trend continues with yearly increments, reaching 59.0 Thousand Metric Tons by 2028, which reflects steady growth. The compound annual growth rate (CAGR) over this period is estimated to be around 3.83%.

Future trends to watch for include:

  • Potential shifts in global palm oil supply chains due to environmental regulations.
  • Changing domestic agricultural policies which could affect production levels.
  • Economic conditions impacting consumer demand for palm oil-based products in Mexico.

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