The import volume of coconuts and copra in Turkey has shown slight fluctuations over the past decade, with actual volumes oscillating between 14.0 and 16.0 thousand metric tons from 2014 to 2023. In 2023, the import volume stood at 14.0 thousand metric tons, unchanged from the previous five years. This stabilization indicates a mature market with a stable import demand.
Recent variations highlight minor fluctuations: an increase in 2015 (+6.67%), decreases in 2016 (-6.25%) and 2018 (-12.5%), and consistent values from 2019 to 2023. Over the last two years, no significant year-on-year change has been observed, maintaining a 0% variation. The CAGR over the past five years has also remained flat at 0%, indicating no substantial growth or decline.
Going forward, it is predicted that the import volumes will continue to remain stable, at 14.0 thousand metric tons from 2024 through 2028. This forecast suggests a lack of expected market disruption or significant changes in demand.
Future trends to watch for include potential changes in consumer preferences, international trade policies, and global supply chain dynamics that could affect import volume. Additionally, monitoring the emergence of alternative products or shifts in domestic production capabilities may also provide insights into future market adjustments.
