In 2023, China’s Palm Kernel Oil stood at a significantly lower volume compared to the forecasted levels for the subsequent years. Analysis from 2024 to 2028 shows a consistent increase, reaching 27 thousand metric tons by 2028, compared to the base year of 2023. This represents an upward trend with a compounded annual growth rate (CAGR) over these years.

Future trends to watch for include:

Demand shifts due to changes in the food industry or personal care market preferences.
Regulatory changes impacting import policies in China.
Potential impacts of environmental sustainability on palm oil production and supply chains.