The volume of coconut oil imports in South Africa stood at 5.00 Thousand Metric Tons in 2023. From 2024 to 2028, the forecasted import volumes show a consistent incremental trend, starting from 5.02 Thousand Metric Tons in 2024 and reaching 5.08 Thousand Metric Tons by 2028. The year-on-year variations show minimal but steady growth: 0.20% (2024-2025), 0.40% (2025-2026), 0.20% (2026-2027), and 0.40% (2027-2028). The compound annual growth rate (CAGR) over the five-year period is approximately 0.30%.
Future trends to watch for include potential impacts of global coconut oil supply chain disruptions, changes in trade policies, and increasing demand for coconut-based products driven by health and wellness trends. Monitoring these factors could provide further insights into the sustainability of this growth trend.