In the global coconuts and copra market for 2023, India leads the market with a substantial volume of 37.15 thousand metric tons, followed by Indonesia at 19.67 thousand metric tons. Notable growth rates in 2023 include the Dominican Republic with a 5.09% increase, Kenya with 3.05%, and the Philippines at 1.45%. However, countries like Angola and Nepal saw significant declines at -12.94% and -7.79%, respectively.
Future trends to watch include:
- Technological advancements in coconut farming and copra processing.
- Increasing global demand for healthy and organic products, potentially driving market expansion.
- Potential impact of climate change on coconut production in tropical regions.
- Initiatives to improve sustainability and reduce the carbon footprint in the coconut production industry.
Top countries in Coconuts and Copra Market Size Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 37.15 | 2023 | +0.57% | -0.0054% | View data |
| 2 | 2 Indonesia | 19.67 | 2023 | -0.61% | +0.58% | View data |
| 3 | 3 Brazil | 9.61 | 2023 | -2.1% | -2.28% | View data |
| 4 | 4 Sri Lanka | 7.9 | 2023 | +0.19% | -0.13% | View data |
| 5 | 5 China | 3.23 | 2018 | View data | ||
| 6 | 6 Thailand | 2.97 | 2023 | 0% | 0% | View data |
| 7 | 7 Philippines | 2.89 | 2023 | +1.58% | +1.45% | View data |
| 8 | 8 Myanmar | 2.67 | 2023 | +0.38% | -0.26% | View data |
| 9 | 9 Tanzania | 1.78 | 2023 | -0.56% | -0.72% | View data |
| 10 | 10 Papua New Guinea | 1.66 | 2023 | -0.9% | -1.16% | View data |
