Forecast: Palm Kernel Oil Import in Turkey

The forecast for Palm Kernel Oil imports in Turkey from 2024 to 2028 shows a stable trend with values remaining constant at 77.0 thousand metric tons from 2024 to 2027, followed by a slight decrease to 76.0 thousand metric tons in 2028. Compared to the actual imports in 2023, which stood at 77.0 thousand metric tons, the year-on-year variation from 2023 to 2024 is 0%, indicating no change. Over the last two years, the import volume remains unchanged at 77.0 for both years. The Compound Annual Growth Rate (CAGR) over the last 5 years from 2023 to 2028 is approximately -0.3% per year, hinting at a very marginal decline.

Future trends to watch for include potential changes in global supply chain dynamics, shifts in Turkey's domestic demand for palm kernel oil, and potential policy changes relating to import tariffs or trade agreements. Monitoring these factors will be essential to anticipate any significant changes in import volumes.

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