In 2023, Yemen's imports of coconuts, Brazil nuts, and cashew nuts stood at $1.64 million. The forecasted data indicates a steady growth with values of $1.6826 million in 2024, increasing annually to reach $1.8591 million by 2028. Year-on-year growth rates are approximately 2.7% between 2024 and 2025, and around 2.6% from 2025 to 2026. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected to be about 2.5%.
Future trends to watch for include:
- Market fluctuations due to changes in global nut prices.
- Yemen's economic and political stability influencing import capabilities.
- Potential shifts in dietary trends impacting nut consumption.
- Trade policy adjustments affecting import tariffs and trade relations.
