The forecast shows a steady increase in the import of Palm Kernel and Babassu Oil to the US between 2024 and 2028, with volumes expected to rise from 424.2 million kilograms in 2024 to 458.78 million kilograms in 2028. This represents an annual growth rate of approximately 1.95%. In 2023, the imports were slightly lower, establishing a clear upward trend over the five-year period.

Future trends to watch for:

Potential shifts in regulatory policies concerning imports and sustainable sourcing.
Changes in consumer preferences towards more sustainable and environmentally friendly oil sources.
The impact of climate change and geopolitical factors on the production and export of these oils.