In 2023, Indonesia and the Philippines led global export of coconut (copra) oil, commanding shares of 32.19% and 29.2%, respectively. The Netherlands followed with a 20.48% share. Notably, Poland showed a sharp increase with a 36.2% year-on-year growth, while Samoa saw an extraordinary jump of 283%. Conversely, countries like Denmark, Croatia, and Hungary experienced significant declines. Overall, a steady demand for coconut oil in robust markets like Europe and increasing interest in emerging markets are evident.
Future trends to watch include continued expansion in emerging markets, driven by growing cosmetic and health product industries. Environmental sustainability and organic sourcing may further influence global trade dynamics.
Top countries in Export of Coconut (Copra) Oil or Fractions Simply Refined Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 32.19 | 2023 | +2.71% | +2.41% | View data |
| 2 | 2 Philippines | 29.2 | 2023 | +0.79% | +0.54% | View data |
| 3 | 3 Netherlands | 20.48 | 2023 | +2.05% | +2.85% | View data |
| 4 | 4 Malaysia | 7.57 | 2023 | -1.1% | -1.32% | View data |
| 5 | 5 United States | 1.87 | 2023 | +2.11% | +3.04% | View data |
| 6 | 6 Italy | 1.01 | 2023 | +4.13% | +3.28% | View data |
| 7 | 7 Spain | 0.9 | 2023 | +3.64% | -1.18% | View data |
| 8 | 8 Germany | 0.83 | 2023 | -5.38% | -4.07% | View data |
| 9 | 9 India | 0.74 | 2023 | +1.15% | +4.86% | View data |
| 10 | 10 Sweden | 0.72 | 2023 | +4.85% | +8.25% | View data |
