Analysis of the forecasted Palm Kernel Oil export volume for the Netherlands reveals notable trends. The volume in 2023 stands at 73.0 thousand metric tons, showing a year-on-year variation of 1.39%. The export volumes have fluctuated significantly since 2014, with a striking 127.91% increase in 2015 and a sharp decline of 44.9% in 2016. The average annual growth rate (CAGR) over the last five years stands at 2.67%, whereas the forecast CAGR for the next five years is projected to be 1.32%, slower than historical trends.
Future trends to watch:
- Sustainable production practices impacting export volumes.
- Global demand shifts and geopolitical factors.
- Technological advances in palm oil processing and logistics.