The import volume of palm kernel oil in India is forecasted to decline over the next five years, dropping from 80.0 thousand metric tons in 2024 to 58.0 thousand metric tons by 2028. As of 2023, the actual import volume was not provided, but the forecasted data shows a clear downward trend in imports. The year-on-year percentage variation reveals a consistent decrease, highlighting a negative growth trajectory. The compound annual growth rate (CAGR) over the next five years indicates a continuous downtrend in import volumes.

Future trends to watch for include:

Possible shifts in domestic production capabilities impacting import needs.
Changes in international trade policies or supply chain dynamics.
Influences of economic, environmental, and geopolitical factors on oil import strategies.