World - Coconuts - Market Analysis, Forecast, Size, Trends and Insights
Global Coconut Market Reached 12,1B USD in 2015
Photo: © xuanhuongho / Bigstockphoto
According to market research conducted by IndexBox, from 2007 to 2015, the global coconut market volume remained relatively stable in physical terms, despite the slight negative trend pattern observed in recent years. In 2015, the market amounted to 60,644 thousand tonnes. In value terms, the market showed a growth with fluctuations, equalling 12,073 million USD in 2015.
The countries with the highest consumption were Indonesia (29%) and Philippines (25%), followed by India (18%), Brazil (5%) and Sri Lanka (4%), together comprising almost 81% of global consumption. Amongst the leading consuming countries, high levels of per capita consumption were recorded in the Philippines (148.4 kg/person) and Sri Lanka (122.3 kg/year in 2015) - these figures were significantly higher than the world average of 8.3 kg/year. The annual growth of per capita consumption from 2007 to 2015 was the most notable in Sri Lanka, with +1.3% growth.
In 2015, the volume of global exports totaled 865 thousand tonnes, with a positive dynamic being posted over the last few years. In 2015, Indonesia exported 526 thousand tonnes, comprising 61% of global exports. Besides Indonesia, the largest global suppliers in 2015 were Thailand (10%), followed by India (5%), Malaysia (5%), Viet Nam (4%), Mexico and the Netherlands (2% each).
The volume of global imports totaled 853 thousand tonnes in 2015. The imports dynamic was generally in line with exports: these trade flows globally complement each other. Following the low trade intensity, the share of imports in global demand accounted for only 1%. In 2015, China (319 thousand tonnes), Malaysia (208 million tonnes) and Thailand (114 thousand tonnes) were the leading destinations for coconut imports, together comprising 75% of global imports in physical terms. They were followed by the U.S. (6%), the UAE (4%), the Netherlands and Singapore (2%).
Do you want to know more about the global coconut market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- coconut market share
- coconut prices
- coconut industry
- coconut sales
- coconut market forecast
- coconut price forecast
- key coconut producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global coconut market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
We can help you conduct market research and write a report using the most reliable data