Key Market Indicators
Coconut oil consumption in Honduras is on the rise. It is expected to reach 1.4 thousand metric tons by 2026, a 4.8% increase from 1 thousand metric tons in 2021. Since 2020, Honduran demand for coconut oil has been steady. In 2021, the country ranked 38th in the world in terms of coconut oil consumption, being overtaken by Vanuatu, with 1 thousand metric tons. China, the Philippines and Vietnam rank 2nd, 3rd and 4th respectively in the global rankings.