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

In 2023, Germany's import value of crude coconut (copra) oil stood at approximately 162.32 million USD. The forecast for the upcoming years indicates a gradual decline, with import values forecasted at 159.53 million USD in 2024, decreasing annually to 149.11 million USD by 2028. This depicts a consistent year-on-year decline of about 1.7% to 1.8%. Over this period, the compound annual growth rate (CAGR) reflects a negative trend, averaging a decrease of 1.7% per year.

Future trends to watch for include:

  • Potential changes in global coconut oil supply chains that may affect prices and import volumes.
  • Shifts in German consumer preferences towards alternative oils, impacting import demand.
  • Trade policy adjustments within the EU that may influence import costs.

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