Forecasts indicate that the re-import of palm oil to Canada will experience steady growth from 2024 to 2028, reaching a value of $1.47 thousand by 2028. The data shows progressive annual increases of approximately 4.5% from 2024 through 2028. In 2023, the re-import value stood at $1.2 thousand, suggesting consistent growth aligned with the market demand.

Future trends to watch for include:

Potential impact of environmental policies on palm oil production and importation.
Fluctuations in global palm oil supply chain and pricing.
Shifts in consumer preferences towards sustainable and eco-friendly products.