In 2023, China's import volume of coconuts and copra stood at 21.55 thousand metric tons, leading the global market. The Philippines followed with 18.54 thousand metric tons, and Thailand imported 12.13 thousand metric tons. Malaysia imported 11.48 thousand metric tons, while Bangladesh and the United States saw imports drop slightly to 4.93 and 3.73 thousand metric tons, respectively. India and Pakistan showed modest import volumes with slight declines. Smaller importers include the Netherlands, UAE, and Nigeria.
Noteworthy year-on-year variations include significant increases in Thailand (+8.58%) and Fiji (+7.14%), while Brazil (-4.36%) and Belgium (-6.89%) experienced more substantial declines. Smaller markets like Benin and Mexico saw notable growth at 14.87% and 8.45%, respectively. Meanwhile, Iraq's imports surged by 6.96%. The data highlights a diverse trend in import volumes across different regions.
Future trends to watch include potential increases in demand from developing markets and continuous variations in traditional major importers such as China, the Philippines, and Thailand. Additionally, any significant geopolitical or climatic changes could further impact these volumes in the coming years.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21.55 | 2018 | View data | ||
| 2 | 2 Philippines | 18.54 | 2023 | +1.99% | +2.57% | View data |
| 3 | 3 Thailand | 12.13 | 2023 | +4.04% | +8.58% | View data |
| 4 | 4 Malaysia | 11.48 | 2023 | +1.6% | +1.31% | View data |
| 5 | 5 Bangladesh | 4.93 | 2023 | +0.74% | -0.44% | View data |
| 6 | 6 United States | 3.73 | 2023 | 0% | -0.19% | View data |
| 7 | 7 India | 2.64 | 2023 | +5.8% | +1.43% | View data |
| 8 | 8 Pakistan | 2.43 | 2023 | -5.63% | -2.74% | View data |
| 9 | 9 Netherlands | 1.99 | 2023 | +1.85% | +1.52% | View data |
| 10 | 10 United Arab Emirates | 1.88 | 2023 | 0% | +0.39% | View data |
