The United States leads in coconut oil imports, although it saw a slight decline of 1.86% in 2023. The Netherlands, a major player, grew by 0.95%. Notable growth was in Poland at 1.68% and Mexico at 10.76%, while Egypt and Vietnam experienced significant declines due to economic factors. Brazil showed an impressive increase of 8.45%. Globally, minor fluctuations were observed, but overall demand for coconut oil remains stable, with countries like Indonesia marking a 5.15% rise emphasizing changes in regional import dynamics.
Future trends to watch include sustainability initiatives influencing import patterns, potential regional boosts in Southeast Asia, and economic shifts affecting North American and European demand. Global health trends may also drive changes in consumption patterns, impacting import volumes.
Top countries in Coconut Oil Import Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 438 | 2023 | -1.57% | -1.86% | View data |
| 2 | 2 Netherlands | 389 | 2023 | +1.57% | +0.95% | View data |
| 3 | 3 Malaysia | 178 | 2023 | 0% | -1.71% | View data |
| 4 | 4 Germany | 152 | 2023 | -2.56% | -5.15% | View data |
| 5 | 5 China | 152 | 2023 | 0% | -0.26% | View data |
| 6 | 6 Italy | 81 | 2023 | +1.25% | +0.5% | View data |
| 7 | 7 France | 60 | 2023 | +1.69% | +0.34% | View data |
| 8 | 8 South Korea | 54 | 2023 | 0% | -1.08% | View data |
| 9 | 9 Belgium | 50 | 2023 | 0% | +0.82% | View data |
| 10 | 10 Spain | 43 | 2023 | +2.38% | +0.47% | View data |
