The forecast data for coconut oil imports in Singapore from 2024 to 2028 shows a consistent volume of 32.0 thousand metric tons annually. In 2023, the actual import volume stood at the same level of 32.0 thousand metric tons, indicating no year-on-year variation over the past two years. The five-year Compound Annual Growth Rate (CAGR) from 2023 to 2028 is 0%, reflecting a stable market with no expected changes in import volumes.
Future trends to watch for include potential shifts in global coconut oil production, changes in consumer preferences for coconut oil and its substitutes, as well as environmental and trade policies impacting coconut oil supply chains. Monitoring these factors could indicate deviations from the currently forecasted stability.