The import of coconuts, Brazil nuts, and cashew nuts to Andorra is projected to decrease significantly from a value of 5.56 thousand US dollars in 2024 to 1.07 thousand US dollars in 2028. This indicates a consistent downward trend in imports over the five-year forecast period.
The year-on-year variations highlight a persistent decline, emphasizing a reduction in demand or a shift towards alternative sources. Over the last two years, the import value experienced a substantial decrease without any indication of stabilization. The compound annual growth rate (CAGR) over the five years projects an overall negative trajectory.
Future trends to watch for include changes in consumer preferences, potential shifts in trade policies or tariffs that may affect import costs, and economic factors influencing Andorra's import capabilities. Additionally, the exploration of local alternatives or substitutes could impact future import levels.
