The forecast data for Brazil’s palm kernel oil production indicates a consistent decline from 2024 through 2028. In 2023, the production stood at 47.2 thousand metric tons. Year-on-year, there is a notable decrease, with 2024 seeing a decline by approximately 5.1%, 2025 witnessing a decrease of about 5.4%, 2026 marking another fall by around 5.7%, extending to a reduction of about 5.5% in 2027, and a 6.2% decrease by 2028. The compound annual growth rate over this five-year period is negative, indicating a downward trend. This may suggest challenges in the production capacity or shifts in market dynamics.

Future trends to watch for include:

Environmental and regulatory impacts affecting cultivation and production processes.
Market shifts towards alternative oils that could further impact demand.
Technological advancements in palm kernel oil extraction that could potentially reverse or slow the decline.