The import volume of palm kernel oil in France stood at 19.0 thousand metric tons in 2023. Forecasts indicate a steady increase, with volumes expected to reach 20.0 thousand metric tons in 2024, 21.0 thousand metric tons in 2025, 21.0 thousand metric tons each in 2026 and 2027, and 22.0 thousand metric tons in 2028. This represents a noticeable year-on-year growth, especially between 2023 and 2024 (5.3%), and 2027 and 2028 (4.8%), with a compound annual growth rate (CAGR) of approximately 2.9% over the five-year period from 2024 to 2028.
Future trends to watch for include potential environmental regulations impacting palm oil production and import, fluctuations in global palm kernel oil prices, and shifts in consumer preferences towards sustainable and alternative oils, which could influence the overall demand and import volumes in France.
