Coconut Oil Market

Coconut oil market: download the most recent information provided by an Ai-driven BI tool. Information contain consumption, companies, market size, exports, production, imports, trade, and market prices. Here is a split by region, including the U.S., the U.K., China, EU, the Middle East, Latin America, Russia, and Africa. Market dynamics and forecast to 2030 are also provided in the dashboards.


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Coconut Oil - World's Largest Markets

RatingCountry
1Philippines
2India
3United States
4Mexico
5Vietnam

In value terms, the largest coconut oil markets worldwide were the Philippines, India and the United States, together accounting for 35% of the global market. These countries were followed by Mexico, Vietnam, Sri Lanka, Indonesia, China, Germany, Bangladesh, the Netherlands, Italy and Malaysia, which together accounted for a further 40%.

Sri Lanka saw the highest growth rate of market size, among the main consuming countries over the period under review, while coconut oil market for the other global leaders experienced more modest paces of growth.

Coconut Oil Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Papua New Guinea1126732871-12.0%
Indonesia1171811943-10.3%
Malaysia156511151035-18.7%
Netherlands162511731219-13.4%
Philippines141311261234-6.5%
Average146611441227-8.5%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in the Philippines ($1,234 per ton) and the Netherlands ($1,219 per ton), while Papua New Guinea ($871 per ton) and Indonesia ($943 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Belgium153510591229-10.5%
Sri Lanka136311021216-5.5%
Japan14119911165-9.1%
France126911431159-4.4%
Germany13529501130-8.6%
United States162912461106-17.6%
South Korea13319261060-10.8%
Indonesia11737281005-7.4%
Spain1377905980-15.6%
Italy14921148969-19.4%
China1292939969-13.4%
Malaysia10281145906-6.1%
Netherlands1237837882-15.6%
Average145011061113-12.4%

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Belgium ($1,229 per ton) and Sri Lanka ($1,216 per ton), while the Netherlands ($882 per ton) and Malaysia ($906 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced a decline in the import price figures.

Coconut Oil - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.80.60.5-17.7%
Netherlands0.50.30.3-19.7%
Malaysia0.20.20.24.4%
Germany0.20.20.2-8.8%
China0.20.20.2-8.9%

In value terms, the largest coconut oil importing markets worldwide were the United States ($531M), the Netherlands ($296M) and Malaysia ($217M), with a combined 43% share of global imports. Germany, China, Sri Lanka, Italy, France, Belgium, South Korea, Japan, Indonesia and Spain lagged somewhat behind, together comprising a further 33%.

In terms of the main importing countries, Sri Lanka (+175.2% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Coconut Oil - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Philippines1.310.8-24.2%
Indonesia0.80.50.5-14.9%
Netherlands0.40.20.3-16.9%
Malaysia0.20.20.217.7%
Papua New Guinea0.030.020.034.5%

In value terms, the Philippines ($774M), Indonesia ($546M) and the Netherlands ($268M) constituted the countries with the highest levels of exports in 2020, together comprising 70% of global exports. These countries were followed by Malaysia and Papua New Guinea, which together accounted for a further 11%.

In terms of the main exporting countries, Malaysia saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Coconut Oil - Market Forecast

Driven by increasing demand for coconut oil worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Coconut Oil - Top Companies

UNI-PRESIDENT ENTERPRISES CORP., Cargill Agrícola S/A, Kaifeng Sankou Food Co.,Ltd., Tongchuan Shenyu Technology Development Co.,Ltd., Jiaxiang Tianyuan Vegetable Oil Co.,Ltd., ADM do Brasil Ltda, Louis Dreyfus Company Brasil S/A., Ningyuan Jiuyi Mountain Vegetable Oil Co., Ltd., VICENTIN S.A.I.C., Tibet Linzhi Medog County Baimagang Grain & Oil Processing Sales Co., Ltd., VICENTIN S.A.I.C., Cocamar - Cooperativa Agroindustrial, Bianchini S/A. Indústria, Comércio e Agricultura, Bianchini S/A. Indústria, Comércio e Agricultura, Dongguan Fuzhiyuan Feedstuff Protein Development Co., Ltd., Jiu San Group Tianjin Soya Science And Technology Co., Ltd., THAI VEGETABLE OIL PUBLIC COMPANY LIMITED, Syngenta Seeds, LLC, Syngenta Seeds, Inc., Solae, LLC

Coconut Oil - Product Coverage

  • HS 151311 - Vegetable oils; coconut (copra) oil and its fractions, crude, not chemically modified
  • HS 151319 - Vegetable oils; coconut (copra) oil and its fractions, other than crude, whether or not refined, but not chemically modified
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World - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global coconut oil market.

Australia and Oceania - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the coconut oil market in Australia and Oceania.

Latin America and the Caribbean - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the coconut oil market in Latin America and the Caribbean.

Eastern Asia - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the coconut oil market in Eastern Asia.

South-Eastern Asia - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the coconut oil market in South-Eastern Asia.

Northern America - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the coconut oil market in Northern America.

Africa - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the coconut oil market in Africa.

Southern Asia - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the coconut oil market in Southern Asia.

Middle East - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the coconut oil market in the Middle East.

Central Asia - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the coconut oil market in Central Asia.

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