Demand for the coconut cream product in retail pack size decreases

The decline in demand for coconut cream products for the export market continues, especially for coconut milk in the retail pack sizes in the European market. This decline in demand has occurred since the last quarter of the previous year. Although the demand for industrial or bulk packaging is still consistent, it cannot cover the declining demand for retail packaging. The manufacturers predict that this situation will continue until, at least until mid-year due to the overall retail market situation, which has been hit hard by the pandemic.