The global export landscape of coconut (copra) oil highlights Indonesia and the Philippines as the leading exporters, contributing significantly to the market share. Indonesia stands at the forefront with 372.07 million kilograms, followed by the Philippines at 337.49 million kilograms. The Netherlands emerges as a key player in Europe with 236.67 million kilograms. Notable year-on-year growth is observed in Russia (14.24%), Poland (36.2%), and Samoa (283%), indicating robust expansion.
Conversely, Germany, Singapore, and Denmark face declines, marking the need for strategic adjustments. Over a five-year horizon, the average annual growth suggests a dynamic landscape with various fluctuations.
Future trends to monitor include the impact of sustainable practices, potential shifts in demand driven by consumer preferences towards organic and sustainable products, and geopolitical considerations affecting trade flows. Additionally, technological advancements in refining processes may influence production efficiencies and cost structures, further shaping the export dynamics in this sector.
Top countries in Export of Coconut (Copra) Oil or Fractions Simply Refined by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 372,070,000 | 2023 | +2.71% | +2.41% | View data |
| 2 | 2 Philippines | 337,490,000 | 2023 | +0.79% | +0.54% | View data |
| 3 | 3 Netherlands | 236,670,000 | 2023 | +2.05% | +2.85% | View data |
| 4 | 4 Malaysia | 87,538,000 | 2023 | -1.1% | -1.32% | View data |
| 5 | 5 United States | 21,619,000 | 2023 | +2.11% | +3.04% | View data |
| 6 | 6 Italy | 11,719,000 | 2023 | +4.13% | +3.28% | View data |
| 7 | 7 Spain | 10,398,000 | 2023 | +3.64% | -1.18% | View data |
| 8 | 8 Germany | 9,536,500 | 2023 | -5.38% | -4.07% | View data |
| 9 | 9 India | 8,545,800 | 2023 | +1.15% | +4.86% | View data |
| 10 | 10 Sweden | 8,300,600 | 2023 | +4.85% | +8.25% | View data |