In 2023, the import of coconuts, Brazil nuts, and cashew nuts to Samoa stood at $12.00 thousand USD. Beginning in 2024, imports are forecasted to decline progressively. By 2028, imports are expected to reach $6.71 thousand USD, revealing a compound annual growth rate (CAGR) of approximately -10.82% from 2024 to 2028.
The year-on-year percentage variations indicate a steady decrease due to possible factors like local production adjustments or shifts in demand.
Future Trends to Watch:
- Emerging local nut markets potentially reducing import reliance.
- Changing consumer preferences potentially affecting demand levels.
- Fluctuations in global nut prices impacting import costs and decisions.
