In 2023, the US imported a total of 492.0 Thousand Metric Tons of coconut oil. According to the forecasted data, the import volume remains stable at 493.0 Thousand Metric Tons from 2024 to 2026, with a slight increase to 494.0 Thousand Metric Tons in 2027 and 2028. This stable growth indicates a negligible year-on-year variation of approximately 0.2% in 2027 and 2028.
Looking ahead, future trends to watch for include:
- Shifts in global coconut oil production and supply chains that could impact the US market.
- Changing consumer preferences and health trends which might influence demand.
- Potential trade policies and tariffs that could affect import volumes.
- Technological advancements in coconut oil processing and benefits.