Key Market Indicators
Burkinabe coconut oil consumption is projected to reach 4.4 thousand metric tons by 2026. This figure is up 1.4% year-on-year, based on a compound annual growth rate (CAGR). Since 2017, demand has remained stable. In 2021, Burkinabe ranked 28th in terms of coconut oil consumption, with 4 thousand metric tons. Venezuela overtook them at 4 thousand metric tons. China, the Philippines and Vietnam respectively ranked second, third and fourth in this ranking.
