Global Coconut Oil Trends in 2022
Coconut Oil is part of Edible Oil. You may also be interested in Olive Oil, Sunflower Oil and Soybean Oil.
Global consumption of coconut oil is expected to drop by 1.2% annually and reach 1 million metric tons by 2026. This compares to 1.09 million metric tons consumed in 2021. Since 2017, demand has decreased by 0.9% every year. India was the leading consumer of coconut oil in 2021, at 152,000 metric tons. It was followed by China, The Philippines and Vietnam. Indonesia saw the highest growth in demand with a 24.4% year-on-year increase, while Saudi Arabia witnessed a 20.6% drop since 2017.
Top 10 countries
In 2022 major markets in the Coconut Oil Industry were:
Coconut Oil Market Data and Forecasts
How much the Coconut Oil industry is expected to grow to 2026?
More in Coconut Oil Industry for 2028Global Coconut Oil Statistics
- Coconut Oil Import 194 countries (Asia, Africa, Sub-Saharan Africa...)
- Coconut Oil Export 159 countries (Asia, Latin America, Africa...)
- Coconut Import 216 countries (Asia, Southeast Asia, Latin America...)
- Coconut Export 226 countries (Asia, Southeast Asia, Europe...)
- Coconut Oil Consumption 165 countries (Asia, Africa, Sub-Saharan Africa...)
- Crude Oil Import 219 countries (Asia, Europe, Africa...)
- Coconut Oil Production 112 countries (Asia, Africa, Sub-Saharan Africa...)
- Crude Oil Export 229 countries (Europe, Asia, Southern Europe...)
- Coconut Oil Stocks 74 countries (Asia, Africa, Latin America...)
- Food Consumption 174 countries (Asia, Africa, Sub-Saharan Africa...)