Key Market Indicators
Filipino demand for coconut oil is projected to decline by 4.6% year on year on average to 87,000 metric tons by 2026. This is down 5.5% since 2017. In 2021, China was the top consumer at 114,000 metric tons, while the Philippines and Vietnam came in second and third at 114,000 and 91,000 metric tons, respectively.
