The forecast for China's import of palm kernel and babassu oil, fractions simply refined, shows a steady increase from 842.72 million kilograms in 2024 to 976.58 million kilograms by 2028. As of 2023, these imports stood at a lively 810 million kilograms. Year-on-year percentage growth is anticipated to be consistent, with the compound annual growth rate (CAGR) from 2024 to 2028 reflecting a stable upward trend.

Future trends to watch for:

Fluctuations in global supply chain dynamics affecting palm kernel and babassu oil availability.
Potential shifts in China's domestic policy impacting import volumes.
Changes in global demand for derivatives of these oils as inputs in various industrial applications.