The 2023 data reveals that Malaysia, Ivory Coast, and China lead in global coconuts and copra stock variation, with China experiencing a 2.71% growth. The Dominican Republic and Venezuela follow, with increases of 7.07% and 5.06%, respectively. Notably, the United States saw a significant decline of 9.71%, and Mexico’s stocks decreased by 6.89%, while Oman experienced the largest growth rate of 14.87%. In contrast, the Philippines and Indonesia show significant negative stock variations, highlighting shifts in production or demand dynamics in these countries.
Future trends to watch include the possibility of continued growth in emerging markets, diversification of supply sources due to changing climatic conditions, and potential shifts in demand influenced by health trends and sustainable practices. Monitoring geopolitical and economic factors will also be crucial as they may impact stock variations across different countries.
Top countries in Coconuts and Copra Stock Variation Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 33.54 | 2023 | +7.07% | View data | |
| 2 | 2 Ivory Coast | 30.38 | 2023 | +7.87% | View data | |
| 3 | 3 China | 30.38 | 2023 | +3.23% | +2.71% | View data |
| 4 | 4 Sri Lanka | 28.48 | 2023 | +9.76% | View data | |
| 5 | 5 Dominican Republic | 12.03 | 2023 | +5.56% | +7.07% | View data |
| 6 | 6 Venezuela | 10.13 | 2023 | 0% | +5.06% | View data |
| 7 | 7 Egypt | 4.75 | 2023 | +7.14% | +1.39% | View data |
| 8 | 8 Netherlands | 4.75 | 2023 | 0% | View data | |
| 9 | 9 India | 4.43 | 2023 | +7.69% | View data | |
| 10 | 10 French Polynesia | 2.53 | 2023 | 0% | +5.92% | View data |
