Global Coconut Oil Import Volume Share by Country (Thousand Metric Tons)

In 2023, the United States led the global coconut oil import volume with 21.99 thousand metric tons, despite a 1.86% year-on-year decline. The Netherlands followed with 19.53 thousand metric tons, experiencing a slight increase of 0.95%. Malaysia saw a decrease of 1.71%, importing 8.94 thousand metric tons, while Germany and China, both at 7.63 thousand metric tons, showed decreases of 5.15% and 0.26%, respectively. Italy (4.07 thousand metric tons) and France (3.01 thousand metric tons) experienced modest growth. Among major importers, Canada showed the highest year-on-year growth at 1.55%.

Future trends to watch:

• The fluctuating import volumes in major markets like the US and Germany signal potential volatility.
• Emerging markets such as Brazil and Mexico are expected to continue their strong growth trends.
• Trade policies and health trends advocating for natural oils could significantly alter future demand and supply dynamics.
• Monitoring developments in key exporting regions will be crucial to predicting shifts in global import volumes.

Top countries in Coconut Oil Import Volume Share by Country (Thousand Metric Tons)

# 10 Countries Percent Last Year YoY 5-years CAGR
1 1 United States 21.99 2023 -1.57% -1.86% View data
2 2 Netherlands 19.53 2023 +1.57% +0.95% View data
3 3 Malaysia 8.94 2023 0% -1.71% View data
4 4 Germany 7.63 2023 -2.56% -5.15% View data
5 5 China 7.63 2023 0% -0.26% View data
6 6 Italy 4.07 2023 +1.25% +0.5% View data
7 7 France 3.01 2023 +1.69% +0.34% View data
8 8 South Korea 2.71 2023 0% -1.08% View data
9 9 Belgium 2.51 2023 0% +0.82% View data
10 10 Spain 2.16 2023 +2.38% +0.47% View data