The forecasted demand for coconut oil in Switzerland from 2024 to 2028 shows a steady increase. In 2023, the demand for coconut oil stood at 8.0 thousand metric tons. Moving forward, the forecasted figures from 2024 to 2026 show a consistent demand of 9.0 thousand metric tons, followed by an increase to 10.0 thousand metric tons in 2027 and 2028, indicating a stabilization before growth in the latter years.
The year-on-year variation in the demand for coconut oil is as follows:
- From 2023 to 2024: Increase of 12.5%
- From 2026 to 2027: Increase of 11.1%
- From 2027 to 2028: Stable at 0%
The Compound Annual Growth Rate (CAGR) over the last five years, from 2023 to 2028, is 3.8%.
Future trends to watch for include possible impacts of health trends promoting coconut oil as a healthier alternative in diets and personal care, and the effect of regulatory changes or trade policies that may influence supply chains and pricing.
