In 2023, Thailand led the global export of copra with a share of 48.53%, followed by Indonesia at 35.03%. The Solomon Islands and India held shares of 5.44% and 3.5%, respectively. Despite their smaller contributions, Malaysia, the United Kingdom, the United Arab Emirates, and others showed varying performance levels. Notably, the United Arab Emirates experienced a significant growth rate of 76.89%. In contrast, the Philippines and Malaysia faced declines, with the Philippines dropping by 19.67% year-on-year. Over the past five years, the compound annual growth rate (CAGR) shows varying international trends where some regions are expanding and others contracting.
Looking forward, it's crucial to monitor the fluctuating global demand for copra and potential shifts in production capabilities, particularly in Asia-Pacific countries. Market players must also consider economic shifts, climate impacts on copra-producing regions, and emerging markets to strategically position themselves. Innovative agricultural practices and investments in sustainability will likely influence future export dynamics.
Top countries in Export of Copra Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 48.53 | 2023 | +6.19% | +4.38% | View data |
| 2 | 2 Indonesia | 35.03 | 2023 | +3.81% | +2.51% | View data |
| 3 | 3 Solomon Islands | 5.44 | 2023 | -5.03% | +0.18% | View data |
| 4 | 4 India | 3.5 | 2023 | -8.23% | -1.63% | View data |
| 5 | 5 Malaysia | 0.32 | 2023 | -5.38% | -11.05% | View data |
| 6 | 6 United Kingdom | 0.088 | 2023 | +4.01% | +2.62% | View data |
| 7 | 7 United Arab Emirates | 0.039 | 2023 | -2.08% | +76.89% | View data |
| 8 | 8 Philippines | 0.027 | 2023 | -31.44% | -19.67% | View data |
| 9 | 9 Myanmar | 0.022 | 2023 | +0.36% | -0.11% | View data |
| 10 | 10 Netherlands | 0.02 | 2023 | +2.11% | +7.72% | View data |
