In 2023, the Philippines led Global Coconuts and Copra Non-food Uses with a share of 63.16 thousand metric tons, growing at a rate of 1.98% from the previous year. Indonesia followed with 32.35 thousand metric tons, showing minimal growth. Papua New Guinea saw a decline of 1.63%, while Vanuatu experienced a significant increase of 8.25%. Malaysia and Guyana also recorded positive growth rates, while Jamaica decreased by 8.75%. Notable growth in smaller markets included Thailand at 12.47% and Colombia at 6.72%.
Future trends to watch include the impact of technological advancements in processing and the increasing demand for eco-friendly alternatives, which may influence shifts in production and usage globally. Continued monitoring of market demands and environmental policies will shape this sector's trajectory over the next decade.
Top countries in Coconuts and Copra Non-food Uses Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Philippines | 63.16 | 2023 | +1.59% | +1.98% | View data |
| 2 | 2 Indonesia | 32.35 | 2023 | -1.21% | +0.013% | View data |
| 3 | 3 Papua New Guinea | 2.73 | 2023 | -1.47% | -1.63% | View data |
| 4 | 4 Vanuatu | 1.65 | 2023 | +4.52% | +8.25% | View data |
| 5 | 5 Kiribati | 1.02 | 2023 | 0% | -0.78% | View data |
| 6 | 6 Malaysia | 0.6 | 2023 | +3.51% | +2.17% | View data |
| 7 | 7 Guyana | 0.52 | 2023 | +4.08% | +5.51% | View data |
| 8 | 8 Jamaica | 0.32 | 2023 | -8.82% | -8.75% | View data |
| 9 | 9 Colombia | 0.18 | 2023 | +5.88% | +6.72% | View data |
| 10 | 10 New Caledonia | 0.11 | 2023 | 0% | 0% | View data |