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Africa - Coconuts - Market Analysis, Forecast, Size, Trends and Insights
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Africa: Coconut Market Overview 2020

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Coconut Market Size in Africa

The revenue of the coconut market in Africa amounted to $X in 2018, declining by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of coconut consumption peaked at $X in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Coconut Production in Africa

In value terms, coconut production totaled $X in 2018 estimated in export prices. Overall, coconut production continues to indicate conspicuous growth. The most prominent rate of growth was recorded in 2017 when production volume increased by X% against the previous year. In that year, coconut production attained its peak level of $X, and then declined slightly in the following year.

The countries with the highest volumes of coconut production in 2018 were Tanzania (X tonnes), Ghana (X tonnes) and Nigeria (X tonnes), with a combined X% share of total production. Mozambique, Cote d'Ivoire, Kenya and Comoros lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of coconut production, amongst the main producing countries, was attained by Kenya, while the other leaders experienced more modest paces of growth.

The average coconut yield amounted to X tonne per ha in 2018, lowering by -X% against the previous year. Over the period under review, the coconut yield continues to indicate a mild slump. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The level of coconut yield peaked at X tonne per ha in 2007; however, from 2008 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The coconut harvested area stood at X ha in 2018, surging by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2009 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to coconut production attained its peak figure in 2018 and is likely to see steady growth in the near future.

Production By Country in Africa

The countries with the highest volumes of coconut production in 2018 were Tanzania (X tonnes), Ghana (X tonnes) and Nigeria (X tonnes), together comprising X% of total production. These countries were followed by Mozambique, Cote d'Ivoire, Kenya and Comoros, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of coconut production, amongst the main producing countries, was attained by Kenya, while the other leaders experienced more modest paces of growth.

Coconut Exports

Exports in Africa

In 2018, approx. X tonnes of coconuts were exported in Africa; therefore, remained relatively stable against the previous year. The total exports indicated a resilient increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, coconut exports decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. The volume of exports peaked at X tonnes in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, coconut exports amounted to $X in 2018. The total exports indicated prominent growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, coconut exports increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Over the period under review, coconut exports attained their maximum at $X in 2017, and then declined slightly in the following year.

Exports by Country

Cote d'Ivoire dominates coconut exports structure, recording X tonnes, which was near X% of total exports in 2018. Ghana (X tonnes) occupied a little share of total exports.

Exports from Cote d'Ivoire increased at an average annual rate of +X% from 2007 to 2018. At the same time, Ghana (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing exporter in Africa, with a CAGR of +X% from 2007-2018. While the share of Cote d'Ivoire (+X p.p.) and Ghana (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) remains the largest coconut supplier in Africa, comprising X% of total coconut exports. The second position in the ranking was occupied by Ghana ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value in Cote d'Ivoire amounted to +X%.

Export Prices by Country

The coconut export price in Africa stood at $X per tonne in 2018, dropping by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. The level of export price peaked at $X per tonne in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Ghana ($X per tonne), while Cote d'Ivoire stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ghana.

Coconut Imports

Imports in Africa

The imports amounted to X tonnes in 2018, reducing by -X% against the previous year. In general, coconut imports continue to indicate an abrupt slump. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. The volume of imports peaked at X tonnes in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

In value terms, coconut imports totaled $X in 2018. In general, coconut imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. In that year, coconut imports reached their peak of $X. From 2014 to 2018, the growth of coconut imports remained at a somewhat lower figure.

Imports by Country

In 2018, Mauritius (X tonnes) represented the major importer of coconuts, mixing up X% of total imports. Senegal (X tonnes) ranks second in terms of the total imports with a X% share, followed by South Africa (X%), Egypt (X%), Morocco (X%), Angola (X%) and Burkina Faso (X%). Mozambique (X tonnes), Algeria (X tonnes), Tanzania (X tonnes), Libya (X tonnes) and Cameroon (X tonnes) occupied a relatively small share of total imports.

Imports into Mauritius decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Cameroon (+X%), Mozambique (+X%), Tanzania (+X%), Senegal (+X%) and Angola (+X%) displayed positive paces of growth. Moreover, Cameroon emerged as the fastest-growing importer in Africa, with a CAGR of +X% from 2007-2018. By contrast, Algeria (-X%), Libya (-X%), South Africa (-X%), Morocco (-X%), Egypt (-X%) and Burkina Faso (-X%) illustrated a downward trend over the same period. While the share of Senegal (+X p.p.) increased significantly in terms of the total imports from 2007-2018, the share of Morocco (-X p.p.), Burkina Faso (-X p.p.), South Africa (-X p.p.), Egypt (-X p.p.) and Mauritius (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest coconut importing markets in Africa were Mauritius ($X), Morocco ($X) and Egypt ($X), with a combined X% share of total imports. These countries were followed by Mozambique, Senegal, Angola, South Africa, Algeria, Burkina Faso, Tanzania, Libya and Cameroon, which together accounted for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The coconut import price in Africa stood at $X per tonne in 2018, coming down by -X% against the previous year. The import price indicated a prominent expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, coconut import price increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. In that year, the import prices for coconuts attained their peak level of $X per tonne, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Mozambique ($X per tonne), while Cameroon ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Burkina Faso, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 249 - Coconuts

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


Country coverage:
• Angola
• Botswana
• Burkina Faso
• Burundi
• Central African Republic
• Chad
• Democratic Republic of the Congo
• Djibouti
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Lesotho
• Libya
• Malawi
• Mali
• Mauritania
• Mayotte
• Morocco
• Namibia
• Niger
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sudan
• Swaziland
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Western Sahara
• South Sudan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in Africa
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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