Forecast: Vegetable Oils Import Volume in South Africa

The forecasted import volume of vegetable oils in South Africa shows a steady increase year-on-year. The import volumes from 2024 to 2028 are:

  • 2024: 935.29 Thousand Metric Tons
  • 2025: 938.7 Thousand Metric Tons (0.36% increase)
  • 2026: 942.05 Thousand Metric Tons (0.36% increase)
  • 2027: 945.33 Thousand Metric Tons (0.35% increase)
  • 2028: 948.54 Thousand Metric Tons (0.34% increase)
The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 0.35%, indicating a gradual but consistent increase in import volumes.

Future Trends: Factors to watch include global vegetable oil prices, exchange rates, and domestic production levels. Significant deviations in these factors could alter import volumes.

Top Countries about Vegetable Oil