Global Coconut Oil Production Share by Country (Thousand Metric Tons)

In 2023, the Philippines dominated global coconut oil production with a share of 46 thousand metric tons, followed by Indonesia at 27.39, and India at 15.24 thousand metric tons. Notable year-on-year variations in 2023 show slight increases in production for the Philippines (0.35%) and Indonesia (1.1%), while India saw a decrease of 0.31%. Sri Lanka experienced a significant decline of 8.61%, exacerbating its smaller production base. Papua New Guinea also saw a downturn of 2.52%, whereas Mexico experienced a growth surge of 2.21%. Other countries such as Vietnam, Thailand, and Ivory Coast maintained relatively stable production with minor variations.

Future trends to watch include potential growth in production from emerging players like Mexico and the long-term stability in key producers such as the Philippines and Indonesia. The decline in countries like Sri Lanka and Papua New Guinea indicates challenges that might affect their market share. Monitoring technological advancements, policy changes, and sustainable practices will be crucial for understanding shifts in global coconut oil production dynamics.

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

# 10 Countries Percent Last Year YoY 5-years CAGR
1 1 Philippines 46 2023 +3.72% +0.35% View data
2 2 Indonesia 27.39 2023 +0.39% +1.1% View data
3 3 India 15.24 2023 +0.53% -0.31% View data
4 4 Vietnam 4.84 2023 0% +0.22% View data
5 5 Papua New Guinea 1.17 2023 -18.52% -2.52% View data
6 6 Sri Lanka 1.17 2023 0% -8.61% View data
7 7 Thailand 1.14 2023 -23.21% +0.47% View data
8 8 Mexico 0.77 2023 0% +2.21% View data
9 9 Ivory Coast 0.53 2023 0% 0% View data
10 10 Malaysia 0.48 2023 0% 0% View data