The forecast for coconut oil domestic industrial consumption in Turkey from 2024 to 2028 remains flat at 22.0 thousand metric tons per year. In 2023, the consumption value stood at approximately 22.0 thousand metric tons as well, showcasing no year-on-year variation over the last two years. The Compound Annual Growth Rate (CAGR) over the past five years is 0%, indicating consistency in consumption levels.
Future trends to watch for include potential shifts in industrial applications for coconut oil, changes in global coconut production affecting supply, and evolving consumer preferences toward natural and organic products, which may influence industrial usage patterns.
