Key Market Indicators
Malagasy coconut import is forecast to decline by 0.6% year on year on average, reaching 31 thousand metric tons in 2026. This is down from 32 thousand metric tons in 2021. Since 2017, demand has decreased by 1% annually. Malagasy coconut production is also estimated to decline by 0.4% annually, reaching 72,490 metric tons by 2026. This is down from 74,080 metric tons in 2021. Since 1966, supply has been decreasing by 0.5% year on year. French Polynesia overtook Malagasy as the leading producer in 2021, with 74,080 metric tons. India, the Philippines, and Sri Lanka followed in second, third, and fourth places, respectively.
