Forecast: Palm Oil Import Volume in Brazil

In 2024, Brazil's forecasted palm oil import volume is 189.63 thousand metric tons. The import volumes are projected to decline year-on-year from 2024 to 2028, with a gradual reduction observed each year: 186.41 thousand metric tons in 2025, 183.25 in 2026, 180.15 in 2027, and 177.11 in 2028. This represents a declining trend with an average compound annual growth rate (CAGR) of approximately -1.7% over the five-year forecast period.

Future trends to watch include:

  • Potential impacts of global palm oil market dynamics, such as changes in export policies by major producing countries.
  • Domestic factors, including Brazil's evolving sustainability policies and local oil production capabilities.
  • Shifts in consumer preferences towards sustainable and health-conscious products, potentially impacting import demand.

Top Countries about Palm Oil