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

Based on the provided data, the import of crude coconut (copra) oil to Spain is poised to increase steadily from 2024 to 2028. For context, in 2023, imports stood at 59.7 Million US Dollars. The year-on-year variation indicates a moderate growth rate: 3.41% from 2024 to 2025, 3.24% from 2025 to 2026, 3.07% from 2026 to 2027, and 2.92% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) for the period between 2024 and 2028 averages around 3.16% per year.

Future trends to watch for include potential impacts from changes in global trade policies, fluctuations in the price of coconut oil due to supply chain disruptions, and shifting consumer demand towards healthy and organic products that could further influence the market dynamics.