India's coconuts and copra export volume is forecasted to decline steadily from 89.0 Thousand Metric Tons in 2024 to 77.0 Thousand Metric Tons in 2028. In 2023, the volume stood at 92.0 Thousand Metric Tons, indicating a downward trend. The year-on-year percentage variation shows a consistent decrease: -3.4% from 2024 to 2025, -3.5% from 2025 to 2026, -3.6% from 2026 to 2027, and -3.8% from 2027 to 2028. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 demonstrates an average annual decline of approximately -3.6%.
Future trends to watch for:
- Climate change impacts affecting yield and quality of coconuts.
- Global demand fluctuations driven by health trends and alternative uses of coconut products.
- Technological advancements in agricultural practices improving yield efficiency.
- Government policies and support for the coconut farming sector.