In 2023, the import volume of coconuts and copra in Belgium stood at 7.0 thousand metric tons. Compared to 2023, the forecasted data for 2024 shows a decrease of 14.3%. Looking further, the projected import volumes for 2025, 2026, 2027, and 2028 show continued decreases, with variations of -16.7%, -20.0%, 0.0%, and -25.0%, respectively. The compound annual growth rate (CAGR) from 2023 to 2028 reflects an average yearly decrease of approximately 15.7%.
Future trends to watch for include potential impacts on import volume due to changing consumer preferences towards coconut alternatives, fluctuations in global coconut production, and trade policy changes within the European Union. Additionally, sustainability practices and their impacts on production and importation costs could also influence future volumes.
