The coconut oil supply in Turkey is projected to increase from 22.0 thousand metric tons in 2024 to 24.0 thousand metric tons in 2028. In 2023, the supply stood at 21.0 thousand metric tons. The year-on-year variation from 2023 to 2024 shows a 4.8% increase. From 2024 to 2025, the supply is forecasted to grow by 4.5%, stabilizing in 2026 and 2027 with no growth, and increasing again by 4.3% in 2028. The last CAGR for the period from 2024 to 2028 is 2.2%.
Future trends to watch for include shifts in global coconut oil demand and production, potential changes in Turkey's trade policies, and advancements in alternative oil products, which could impact supply dynamics. Monitoring these factors will help anticipate adjustments in the market.
