The demand for coconuts and copra in Germany has shown moderate fluctuations over the years. In 2023, the volume stood at 17.0 thousand metric tons, reflecting stability from the previous year with a 0% year-on-year variation. From 2014 to 2017, the demand remained constant at 15.0 thousand metric tons, with a notable increase in 2018 by 13.33%, reaching 17.0 thousand metric tons. This growth oscillated slightly, with minor reductions and increases, ultimately reaching 17.0 thousand metric tons in 2020 and maintaining this volume steadily through to 2023, and projected to remain constant until 2028.
Key points:
- Stable demand from 2020 to 2023 at 17.0 thousand metric tons.
- Year-on-year variability was minimal, with the last noticeable increase in 2020 at 6.25%.
- The 5-year CAGR leading up to 2023 was 2.53%, indicating moderate growth.
Future trends to watch for could include shifts in consumer preferences towards plant-based products, potential supply chain disruptions, and changes in trade policies impacting imports. Monitoring these factors will be critical for anticipating future demand variations in Germany's coconut and copra market.
