In 2023, Germany led the European import of coconut oil with 69.48 million kilograms, followed closely by Belgium and Italy. Germany's import volume increased by 5.75% compared to the previous year, while the UK experienced the highest year-on-year growth at 6.34%. Conversely, Ireland and Cyprus saw declines in their imports. Over five years, Portugal and Lithuania had substantial annual growth, averaging 18.03% and 23.23%, respectively, indicating rising demand in smaller markets. Larger markets such as Italy and France showed more modest increases.
Future trends to watch include potential shifts due to changing consumer preferences towards sustainable and plant-based products, possibly increasing demand in Western Europe. Additionally, economic factors and trade agreements may impact import volumes, creating opportunities for diversification in supply sources and shifts in major importers.
Top countries in Import of Coconut Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 69,480,000 | 2023 | +3.8% | +5.75% | View data |
| 2 | 2 Belgium | 51,139,000 | 2023 | +2.58% | +4.26% | View data |
| 3 | 3 Italy | 32,383,000 | 2023 | +7.72% | +1.05% | View data |
| 4 | 4 France | 30,406,000 | 2023 | +4.32% | +2.87% | View data |
| 5 | 5 Poland | 26,938,000 | 2023 | +2.78% | +3.38% | View data |
| 6 | 6 United Kingdom | 26,084,000 | 2023 | +3.13% | +6.34% | View data |
| 7 | 7 Netherlands | 12,260,000 | 2023 | +3.03% | +0.73% | View data |
| 8 | 8 Austria | 11,794,000 | 2023 | +2.3% | +2.82% | View data |
| 9 | 9 Greece | 8,111,800 | 2023 | +8.19% | +11.09% | View data |
| 10 | 10 Sweden | 5,130,600 | 2023 | +1.57% | +11.46% | View data |
