Report Update: May 1, 2024

World - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights

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Top Exporter of Coconut

Philippines is the top exporter of coconuts in the world. With its tropical climate and abundant coconut plantations, the country produces and exports a significant amount of coconuts and coconut-based products every year.

Coconut is considered as a major agricultural crop in the Philippines and is widely grown across the archipelago. It plays a crucial role in the country's economy, providing a source of livelihood for millions of Filipino farmers.

The Philippines' tropical climate and fertile soil are ideal for coconut cultivation. The country has around 3.5 million hectares of land dedicated to coconut plantations, making it one of the largest coconut-producing countries globally. The coconut industry in the Philippines is well-established and has been a part of the country's history and culture for centuries.

The Philippines exports various coconut products to different parts of the world. The most common coconut-based exports include desiccated coconut, coconut oil, coconut milk and cream, coconut water, and copra (dried coconut meat). These products are used in a wide range of industries such as food and beverages, cosmetics, medicine, and agriculture.

Coconut oil is one of the Philippines' top coconut exports. It is extracted from coconut meat and is widely used for cooking, as an ingredient in beauty products, and for industrial purposes. The country is known for its high-quality coconut oil, which is produced through traditional methods like cold-pressing or centrifuge extraction.

Desiccated coconut, which is the dried and grated meat of mature coconuts, is another major coconut export from the Philippines. It is widely used as an ingredient in baked goods, confectioneries, and other food products. The country produces large quantities of high-quality desiccated coconut to meet the global demand.

Coconut-based beverages like coconut water and coconut milk are also popular exports from the Philippines. Coconut water, the clear liquid inside young coconuts, is a refreshing and nutritious drink that has gained popularity worldwide. Coconut milk, on the other hand, is used in various cuisines as a creamy and flavorful substitute for dairy milk.

The Philippines has a strong international presence in the coconut industry. It exports coconuts and coconut products to countries like the United States, the Netherlands, Germany, Japan, and South Korea. The demand for Philippine coconuts is driven by their superior quality, rich taste, and the country's commitment to sustainable farming practices.

In recent years, the coconut industry in the Philippines has faced challenges such as fluctuating prices, typhoons, and pests. However, the government and various stakeholders are working together to address these issues and strengthen the sustainability of the industry. Efforts are being made to increase coconut productivity, improve post-harvest facilities, promote value-added products, and support coconut farmers through training and financial assistance.

Overall, the Philippines' position as the top exporter of coconuts highlights the country's natural advantage in coconut cultivation and its significant contribution to the global coconut market.

This report provides an in-depth analysis of the global coconut oil 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 2030.

Product coverage:

FCL 252 - Oil of Coconuts

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Company coverage:

Edward & Sons Trading Co, Greenville Agro Corporation, The Coconut Company (UK) Ltd., Healthy Traditions, Inc., Nutiva Inc., The Hain Celestial Group, MaxCare VCO, Celebes Coconut Corporation, SC Global Coco Products Inc., Barlean's, Davidsun Natural PVT LTD, PT Indo Perkasa Oil, NOW Foods, Nature's Way Products, LLC., Leyte Koko Oil Inc., Cargill Philippines Oil, Inc., Bicol Oil Mills and Refinery Corporation, Gokul Refoils & Solvent Limited, Cocoguru Coconut Industries Private Limited, SRM Gold Pure Coconut Oil

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023