India - Coconut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoconut Price in India - 2023
Contents:
- Coconut Price in India (FOB) - 2023
- Coconut Price in India (CIF) - 2022
- Coconut Exports in India
- Coconut Imports in India
Coconut Price in India (FOB) - 2023
The average coconut export price stood at $940 per ton in July 2023, rising by 13% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in November 2022 an increase of 22% against the previous month. Over the period under review, the average export prices attained the peak figure in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,578 per ton), while the average price for exports to Nepal ($237 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Coconut Price in India (CIF) - 2022
The average coconut import price stood at $10,274 per ton in 2022, jumping by 494% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($11,389 per ton), while the price for Sri Lanka totaled $6,631 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+47.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Coconut Exports in India
In 2022, after three years of growth, there was decline in overseas shipments of coconuts, when their volume decreased by -0.8% to 70K tons. The total export volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of 70K tons, leveling off in the following year.
In value terms, coconut exports reduced notably to $44M in 2022. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 5.9% against the previous year. As a result, the exports reached the peak of $58M, and then shrank significantly in the following year.
| Export of Coconut in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 11.4 | 12.8 | 14.4 | 15.2 | 10.1% |
| United States | 3.4 | 5.0 | 4.6 | 5.7 | 18.8% |
| United Kingdom | 2.2 | 2.6 | 3.9 | 3.1 | 12.1% |
| Iran | 0.8 | 0.8 | 2.8 | 2.8 | 51.8% |
| Nepal | 0.9 | 1.0 | 2.5 | 2.6 | 42.4% |
| Qatar | 2.3 | 2.6 | 3.0 | 2.0 | -4.6% |
| Oman | 1.5 | 1.3 | 1.4 | 1.5 | 0.0% |
| Saudi Arabia | 1.4 | 1.9 | 1.9 | 1.0 | -10.6% |
| Bahrain | 1.4 | 1.6 | 1.4 | 0.9 | -13.7% |
| Kuwait | 1.1 | 1.8 | 1.5 | 0.7 | -14.0% |
| Afghanistan | 10.9 | 2.6 | 7.5 | 0.4 | -66.8% |
| Malaysia | 7.3 | 12.9 | 2.2 | N/A | -45.1% |
| Others | 7.8 | 8.3 | 11.5 | 8.4 | 2.5% |
| Total | 52.3 | 55.2 | 58.4 | 44.3 | -5.4% |
Top Export Markets for Coconut from India in 2022:
- Malaysia (undefinedK tons)
- United Arab Emirates (34.2K tons)
- Nepal (8.1K tons)
- Iran (4.9K tons)
- Qatar (3.9K tons)
- United Kingdom (3.2K tons)
- Oman (3.0K tons)
- Bahrain (1.8K tons)
- Saudi Arabia (1.6K tons)
- United States (1.5K tons)
- Kuwait (1.4K tons)
- Afghanistan (0.3K tons)
Coconut Imports in India
In 2022, purchases abroad of coconuts decreased by -99% to 1.3 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 880% against the previous year. As a result, imports reached the peak of 222 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, coconut imports reduced markedly to $13K in 2022. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 2,186% against the previous year. As a result, imports attained the peak of $489K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Coconut in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | 7.4 | 83.8 | 11.4 | 24.1% |
| Sri Lanka | N/A | 446 | 64.3 | 2.0 | -93.3% |
| Malaysia | N/A | N/A | 19.8 | N/A | 0% |
| Indonesia | N/A | N/A | 11.9 | N/A | 0% |
| United Arab Emirates | 9.9 | 28.3 | N/A | N/A | 185.9% |
| Myanmar | 2.5 | 7.2 | 23.2 | N/A | 204.6% |
| Qatar | N/A | N/A | 21.9 | N/A | 0% |
| Others | 9.0 | N/A | 0.5 | N/A | -76.4% |
| Total | 21.4 | 489 | 225 | 13.4 | -14.4% |
Top Suppliers of Coconut to India in 2022:
- Thailand (1000.0 kg)
- Sri Lanka (306.0 kg)
This report provides an in-depth analysis of the coconut market in India. 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 2030.
Product coverage:
- FCL 249 - Coconuts
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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