The forecast for coconut oil import volume in Sweden shows a steadily increasing trend from 2024 to 2028. In 2023, the actual import volume stood at 20.0 thousand metric tons. The projected import volumes are as follows: 21.0 thousand metric tons in 2024, 22.0 thousand metric tons in 2025 and 2026, and 23.0 thousand metric tons in both 2027 and 2028.
The year-on-year variations indicate a growth pattern:- 2024: +5%- 2025: +4.8%- 2026: 0%- 2027: +4.5%- 2028: 0%
On average, the Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 3.6%.
Future trends to watch for:- Increased demand for natural and organic products which may enhance coconut oil imports.- Potential market fluctuations due to climate changes affecting coconut production regions.- Innovations in alternative oils that may compete with or complement coconut oil in various industries.