Forecast: Coconut Oil Import Volume in Netherlands

The coconut oil import volume in the Netherlands has displayed significant fluctuations over the past decade. In 2023, the import volume stood at 389 thousand metric tons, marking a slight year-on-year increase of 1.57%. Initially, from 2014 to 2015, there was a steep decline, but the volume bounced back in 2016 with a 26.64% increase. Thereafter, the trend stabilized with minor fluctuations, showcasing a steady average growth. Over the last five years, the average annual growth rate (CAGR) has been 0.95%. Future forecasts predict a moderate annual growth rate of 1.04%, resulting in an estimated import volume of 415 thousand metric tons by 2028.

Future trends to watch for include changes in global trade policies, shifts in consumer preferences favoring coconut oil in diets and cosmetics, and potential supply chain disruptions. Monitoring these factors could provide deeper insights into the dynamics of coconut oil imports in the Netherlands.