In 2023, India dominated global coir production with a 45.64% share, followed by Vietnam at 30.84% and Sri Lanka at 12.41%. Other contributors include Thailand at 5.17% and Ghana at 3.05%, while Malaysia, Bangladesh, and Ivory Coast hold smaller shares. Year-on-year, from 2022 to 2023, Thailand showed the highest growth at 1.93%, with Vietnam also increasing at 1.72%. Conversely, Malaysia and Bangladesh experienced declines of -1.06% and -0.55%, respectively. Over the past five years, the CAGR shows moderate steady growth in major countries like India and Vietnam.
Looking ahead, a key trend to watch in global coir production is the potential technological advancements in processing and sustainable practices, which could alter the production landscape. Additionally, geopolitical stability and environmental policies in major producing countries like India and Vietnam could significantly impact market dynamics and production capabilities.
Top countries in Coir Production Share by Country (Metric Tons)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 45.64 | 2023 | +0.78% | +0.83% | View data |
| 2 | 2 Vietnam | 30.84 | 2023 | +1.53% | +1.72% | View data |
| 3 | 3 Sri Lanka | 12.41 | 2023 | +0.39% | +0.41% | View data |
| 4 | 4 Thailand | 5.17 | 2023 | +1.83% | +1.93% | View data |
| 5 | 5 Ghana | 3.05 | 2023 | +0.18% | +0.17% | View data |
| 6 | 6 Malaysia | 1.55 | 2023 | -1.12% | -1.06% | View data |
| 7 | 7 Bangladesh | 0.74 | 2023 | -0.52% | -0.55% | View data |
| 8 | 8 Ivory Coast | 0.17 | 2023 | +0.5% | +0.51% | View data |
