Germany leads the European import share of coconut oil by country in 2024, accounting for 23.01%, followed by Belgium at 16.94%. Italy, France, and Poland follow with shares of 10.73%, 10.07%, and 8.92% respectively. Countries like the Netherlands, Austria, and Greece hold smaller shares, each under 5%. Noteworthy year-on-year variations include significant increases in imports by Greece (11.09%), Sweden (11.46%), and Finland (9.51%), while Ireland (-5.21%), Romania (-2.01%), and Cyprus (-7.09%) saw decreases. Over the last five years, there has been a general upward trend with a compound annual growth rate (CAGR) for many countries, indicating increased demand for coconut oil in Europe.
Future trends to watch include the potential for continued growth in smaller markets driven by increased awareness of coconut oil's benefits. Sustainability and ethical sourcing practices may also influence import patterns, favoring countries aligned with these values. Additionally, the impact of economic fluctuations and trade policies could alter the landscape of coconut oil imports in the coming years.
Top countries in Import of Coconut Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.01 | 2023 | +3.8% | +5.75% | View data |
| 2 | 2 Belgium | 16.94 | 2023 | +2.58% | +4.26% | View data |
| 3 | 3 Italy | 10.73 | 2023 | +7.72% | +1.05% | View data |
| 4 | 4 France | 10.07 | 2023 | +4.32% | +2.87% | View data |
| 5 | 5 Poland | 8.92 | 2023 | +2.78% | +3.38% | View data |
| 6 | 6 United Kingdom | 8.64 | 2023 | +3.13% | +6.34% | View data |
| 7 | 7 Netherlands | 4.06 | 2023 | +3.03% | +0.73% | View data |
| 8 | 8 Austria | 3.91 | 2023 | +2.3% | +2.82% | View data |
| 9 | 9 Greece | 2.69 | 2023 | +8.19% | +11.09% | View data |
| 10 | 10 Sweden | 1.7 | 2023 | +1.57% | +11.46% | View data |