Forecast: Import of Crude Coconut (Copra) Oil to Italy

From the actual data, Italy's import of crude coconut (copra) oil stood at 47.954 million kilograms in 2023. Over the past decade, the import volumes have exhibited significant annual fluctuations. The highest year-on-year growth occurred in 2018 (19.38%), whereas the lowest was in 2016 (-20.58%). The average variation over the last five years saw a marginal overall decline with a CAGR of -0.32% leading up to 2023. From 2024 onwards, the forecast suggests a stable uptrend, with a year-on-year increase and an estimated 5-year CAGR of 0.7%, projecting growth up to 49.938 million kilograms in 2028.

Future trends to watch for include potential impacts of global market conditions on coconut oil supply chains, possible shifts in Italy's domestic demand influenced by health and dietary trends, and changes in trade regulations or tariffs affecting import volumes.