The global coir production was led by India in 2023, contributing significantly with 600.87 thousand metric tons. The year-on-year growth from 2023 to 2024 showed moderate increases, notably in Vietnam at 1.72% and Thailand at 1.93%, while Malaysia and Bangladesh faced declines of -1.06% and -0.55%, respectively. A five-year compound annual growth rate would highlight Asian countries, particularly India, Vietnam, and Thailand, as consistently strong players, despite regional and country-specific challenges.
Future trends in global coir production may be influenced by sustainable agriculture practices, advancements in coir processing technologies, and increasing global demand for biodegradable materials. Emerging players and investments in production technologies could shift dynamics, with Asian countries retaining dominance, yet experiencing varied growth rates. Monitoring environmental policies and market demands will be crucial for forecasting changes in production outputs.
Top countries in Coir Production by Country
| # | 8 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 600,870 | 2023 | +0.78% | +0.83% | View data |
| 2 | 2 Vietnam | 406,010 | 2023 | +1.53% | +1.72% | View data |
| 3 | 3 Sri Lanka | 163,370 | 2023 | +0.39% | +0.41% | View data |
| 4 | 4 Thailand | 68,040 | 2023 | +1.83% | +1.93% | View data |
| 5 | 5 Ghana | 40,130 | 2023 | +0.18% | +0.17% | View data |
| 6 | 6 Malaysia | 20,430 | 2023 | -1.12% | -1.06% | View data |
| 7 | 7 Bangladesh | 9,770 | 2023 | -0.52% | -0.55% | View data |
| 8 | 8 Ivory Coast | 2,230 | 2023 | +0.5% | +0.51% | View data |
