The United States dominates the global coconut oil market for non-food uses, with 298.0 thousand metric tons projected in 2024. Malaysia, Vietnam, and the Netherlands follow with significant but considerably lower figures. Recent year-on-year variations reveal notable decreases for the U.S., Netherlands, and Germany, while countries like Mexico, Canada, and Fiji show growth. The CAGR indicates a diverse but generally modest growth pattern across most countries over the past five years. Benin, Slovakia, and French Polynesia have shown significant short-term growth over the last year.
Future trends to watch for include an increased demand driven by eco-friendly products and cosmetic uses, which may influence consumption patterns in key markets such as the U.S. and Europe. Sustainable sourcing and production processes are likely to gain importance, impacting market dynamics and trends globally.
Top countries in Coconut Oil Non-food Uses by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 298 | 2023 | -2.61% | -2.77% | View data |
| 2 | 2 Malaysia | 74 | 2023 | +2.78% | +0.27% | View data |
| 3 | 3 Vietnam | 53 | 2023 | 0% | +0.38% | View data |
| 4 | 4 Netherlands | 37 | 2023 | 0% | -3.41% | View data |
| 5 | 5 Mexico | 34 | 2023 | +6.25% | +8.13% | View data |
| 6 | 6 Italy | 33 | 2023 | 0% | 0% | View data |
| 7 | 7 France | 26 | 2023 | 0% | 0% | View data |
| 8 | 8 United Kingdom of Great Britain and Northern Ireland | 18 | 2023 | |||
| 9 | 9 Russia | 18 | 2023 | -5.26% | -3.93% | View data |
| 10 | 10 Germany | 18 | 2023 | 0% | -4.78% | View data |
