The palm kernel oil supply in Turkey is forecasted to remain stable at 77.0 thousand metric tons from 2024 to 2027, with a slight decrease to 76.0 thousand metric tons in 2028. In 2023, the supply stood at the same level, indicating no change year-on-year up until 2027 and a minimal 1.3% decrease in 2028. Over the last two years, the supply has seen no variation. For the past five years, the Compound Annual Growth Rate (CAGR) averages at -0.26%, showing a very modest decline.
Future trends to watch for:
- Global demand fluctuations for palm kernel oil.
- Turkey's policies on palm oil imports and substitute products.
- Environmental regulations impacting production.
- Technological advancements in oil extraction and processing.
