Key Market Indicators
Coconut oil consumption in Ivory Coast is set to decrease by 6.8% over the next five years. In 2021, Ivorian demand for coconut oil was 7 thousand metric tons, ranking it 22nd in the world. This is a decline of 11.2% from 2017 levels. Iran was the leading consumer in 2021, consuming 7 thousand metric tons. China, the Philippines and Vietnam followed as the 2nd, 3rd and 4th biggest consumers, respectively. By 2026, Ivory Coast is expected to consume 4.7 thousand metric tons of coconut oil.
