Forecast: Palm Kernel Oil Supply in the US

The forecast for palm kernel oil supply in the US indicates a steady growth from 407.0 thousand metric tons in 2024 to 428.0 thousand metric tons by 2028. In comparison, the supply in 2023 was at 400.0 thousand metric tons. Year-on-year variations showcase a consistent increase of approximately 1.23% annually, with a Compound Annual Growth Rate (CAGR) of around 1.28% over the five-year period from 2024 to 2028.

Future trends to watch for include:

  • Potential shifts in demand due to evolving consumer preferences for sustainable products.
  • The impact of environmental regulations on palm oil production and imports.
  • Technological advancements in agriculture that could influence supply chain efficiencies and yields.

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