The Philippines leads in global coconut oil production, followed by Indonesia and India. Year-over-year, there were notable declines in production for the Philippines, Indonesia, and Thailand, while countries like Brazil and Bangladesh showed growth. Over the last five years, varied trends exist, with substantial growth rates in countries like France and Italy, contrasted by declines in nations such as Fiji and Papua New Guinea.
Future trends to watch:
- Innovations in sustainable coconut farming may alter production patterns.
- Demand fluctuations for coconut oil-based products may drive changes in production priority across countries.
- Potential impact of climate change on coconut yield efficiency.
Top countries in Coconut Oil Production by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Philippines | 1,303,900 | 2023 | +0.018% | -0.56% | View data |
| 2 | 2 Indonesia | 841,440 | 2023 | +0.18% | -0.9% | View data |
| 3 | 3 India | 270,560 | 2023 | -2.32% | -3.33% | View data |
| 4 | 4 Vietnam | 176,300 | 2023 | +0.75% | +1.08% | View data |
| 5 | 5 Mexico | 131,200 | 2023 | +0.13% | +0.03% | View data |
| 6 | 6 Bangladesh | 74,940 | 2023 | +3.69% | +3.63% | View data |
| 7 | 7 Sri Lanka | 57,420 | 2023 | +0.69% | +0.79% | View data |
| 8 | 8 Malaysia | 37,920 | 2023 | -1.56% | -0.91% | View data |
| 9 | 9 Mozambique | 31,570 | 2023 | +0.8% | +0.89% | View data |
| 10 | 10 Thailand | 24,500 | 2023 | -2.66% | -3.12% | View data |
