The import of coconut oil to the Netherlands has shown significant fluctuations over the past decade. After a sharp decline in 2013, there was a dramatic rise in 2014, followed by steady growth with occasional dips. The volume stood at 12.26 million kilograms in 2023, marking a 3.03% increase from the previous year. Looking at the compound annual growth rate (CAGR), the period from 2019 to 2023 has experienced a modest average growth of 0.73% per year.
Future trends indicate a continued moderate increase in the import volume, with the forecast suggesting a 2.12% CAGR over the next five years, reaching approximately 14.01 million kilograms by 2028. This represents an overall growth of 11.04% over the five-year period. Key factors to monitor include global coconut oil supply, shifts in consumer preferences towards healthier oils, and potential trade regulation changes.