Forecast: Coconut Oil Import in Turkey

The forecasted data for coconut oil imports in Turkey from 2024 to 2028 indicates a steady increase from 22.0 to 23.0 thousand metric tons in 2024, followed by a stable import value of 23.0 thousand metric tons from 2025 to 2028. In 2023, the import stood at 21.0 thousand metric tons, which reflects a year-on-year growth of 4.8% for 2024. The Compounded Annual Growth Rate (CAGR) from 2023 to 2028 is approximately 1.8%, signaling a relatively stable but slow-growing trend in coconut oil imports.

Future trends to watch for include potential shifts in domestic production, changes in dietary preferences, and international market dynamics, such as fluctuations in global supply and pricing of coconut oil. Additionally, any alterations in trade policies or economic conditions could impact import volumes in the coming years. Keep an eye on the increasing demand for coconut oil in various industries, including food, cosmetics, and health supplements, which could drive imports further.