The forecast for coconut oil distribution in Thailand indicates a steady growth trajectory from 2024 to 2028. In 2023, the distribution stood at 95.0 thousand metric tons. The projected year-on-year variations are approximately 1.04% from 2024 to 2025, 1.03% from 2025 to 2026, 2.04% from 2026 to 2027, and 1.00% from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is estimated to be around 1.25%.
Future trends to watch for include the impact of sustainability initiatives, changes in consumer preferences towards healthier oils, and potential fluctuations in global coconut production affecting supply chains.
