Which Country Consumes the Most Coconut Oil in the World?

Vegetable And Animal Oils And Fats February 09, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Global coconut oil consumption amounted to 2,969 thousand tonnes in 2015, approximately equating the previous year level. Overall, the global coconut oil consumption indicated a pronounced decline from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total consumption volume decreased at an average annual rate of -2.4%. The growth pace was the most rapid in 2010, when the output figure increased by +22% from the previous year level. In that year, the global coconut oil consumption attained its maximum volume of 4,136 thousand tonnes. From 2011 to 2015, the total coconut oil consumption growth failed to regain its strength.

Top Coconut Oil Consuming Countries in the World

1. USA (498K Tonnes)

2. India (410K Tonnes)

3. Germany (213K Tonnes)

4. Viet Nam (149K Tonnes)

5. China (145K Tonnes)

Global Coconut Oil Consumption

In 2015, the countries with the highest consumption were the United States (498 thousand tonnes), India (410 thousand tonnes), Germany (213 thousand tonnes), together making up 37% of total consumption. They were followed by Viet Nam with a 5% of global consumption share and China with a 5% share.

From 2007 to 2015, the most notable growth rates of coconut oil consumption among the main consuming countries was attained by the United States (+1.3% per year), while the other global leaders experienced mixed trends in the consumption figures.

The highest levels of coconut (copra) oil per capita consumption was registered in Germany (2.64 kg/year), followed by Viet Nam (1.59 kg/year), the United States (1.55 kg/year), India (0.31 kg/year) and China (0.10 kg/year), while the average per capita consumption of coconut (copra) oil was estimated at 1.96 kg/year in 2015.

In China, per capita coconut (copra) oil consumption has grown modestly (+1.3% per year) in recent years. In 2015, China per capita consumption reached 2.64 kg/year as compared with 0.09 kg/year in 2007.

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  • coconut oil market share
  • coconut oil prices
  • coconut oil industry
  • coconut oil sales
  • coconut oil import
  • coconut oil export
  • coconut oil market forecast
  • coconut oil price forecast
  • key coconut oil producers

Source: World: Coconut (Copra) Oil - Market Report. Analysis And Forecast To 2025