In 2023, the per capita consumption of palm oil in China stood at approximately 2.00 kilograms. According to forecasts, a gradual decline in per capita consumption is expected, with values decreasing from 1.98 kilograms in 2024 to 1.94 kilograms in 2028. This demonstrates a consistent downward trend, indicating a projected CAGR of about -0.51% over the five-year period. The percentage decrease from year to year is marginal, reflecting a slowly declining trend in consumption.

Future trends to watch for in the Chinese palm oil market include:

Potential shifts towards alternative oils and healthier options driven by consumer health awareness.
Impact of economic and policy changes on import restrictions or tariffs.
Technological advancements in oil processing that might influence consumption patterns.