The forecast for the re-import of palm kernel and babassu oil fractions simply refined to Canada shows a steady increase from 16.95 thousand kilograms in 2024 to 20.37 thousand kilograms by 2028. This indicates a year-on-year growth ranging from 5.19% to 4.25% during this period. The compound annual growth rate (CAGR) over the five years is projected to be approximately 4.86%, reflecting a consistent upward trend.

Future trends to watch include:

Potential changes in Canadian import regulations or trade agreements that may impact import volumes.
Fluctuations in global production or pricing of palm kernel and babassu oil due to environmental policies or market demand shifts.
Increased focus on sustainable sources, potentially affecting supply chains and market dynamics.