The forecasted palm kernel oil import volume in Brazil shows a steady decline from 192.32 thousand metric tons in 2024 to 190.23 thousand metric tons by 2028. Compared to the actual data of 2023, which stood at 192.32 thousand metric tons, this indicates a consistent annual decrease. The year-on-year decline rate is approximately -0.28% over the past two years. From 2024 to 2028, the compounded annual growth rate (CAGR) is estimated at around -0.22%, reflecting a gradual reduction in import volumes.

Future trends to watch for:

Potential shifts in domestic production and consumption patterns influencing import needs.
Impact of global palm oil market dynamics and trade policies on Brazil's import strategy.
Environmental and sustainability considerations affecting palm kernel oil sourcing.