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World - Coconut - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 1, 2025

World - Coconut - Market Analysis, Forecast, Size, Trends and Insights

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Nov 11, 2024

Exploring the Top Import Markets for Coconut

Coconut is one of the most versatile and popular fruits in the world, known for its tropical flavor and numerous health benefits. While many countries are able to produce coconuts locally, there are several key import markets that play a significant role in the global coconut trade. In this article, we will explore the top import markets for coconut, as well as key statistics and trends in the industry.

1. China

China is the world's largest importer of coconuts, with an import value of $581.2 million in 2023. The demand for coconuts in China has been steadily increasing in recent years, driven by the growing popularity of coconut-based products such as coconut water, coconut milk, and coconut oil. The country's tropical climate makes it an ideal market for coconut products, and Chinese consumers have a strong appetite for tropical flavors.

2. United States

The United States is the second-largest importer of coconuts, with an import value of $58.5 million in 2023. Coconut products are popular in the US due to their health benefits and tropical taste. The US market for coconut water, in particular, has seen significant growth in recent years, with many consumers turning to coconut water as a healthier alternative to sugary drinks.

3. Malaysia

Malaysia is another key import market for coconuts, with an import value of $50.0 million in 2023. The country is a major producer of coconut products, but also imports coconuts from other countries to meet domestic demand. Malaysian consumers have a strong preference for coconut-based products, and the market for coconut products in Malaysia is expected to continue growing in the coming years.

4. Thailand

Thailand is a major importer of coconuts, with an import value of $33.7 million in 2023. The country is known for its high-quality coconut products, including coconut milk, coconut oil, and dried coconut. Thai coconuts are popular in international markets due to their superior taste and quality, and Thailand's coconut industry is a key driver of the country's economy.

5. United Arab Emirates

The United Arab Emirates is a growing market for coconut products, with an import value of $29.0 million in 2023. The country's hot climate and high disposable income levels make it an attractive market for coconut-based products, which are seen as a healthy and exotic treat. The UAE's market for coconut products is expected to continue growing in the coming years, as consumers become more health-conscious and seek out natural and organic products.

6. Singapore

Singapore is a key importer of coconuts, with an import value of $22.5 million in 2023. The country is known for its vibrant food culture and diverse culinary scene, and coconut products are popular among Singaporean consumers. Coconut water, in particular, is a popular beverage in Singapore, and many local brands offer a wide range of coconut-based products to cater to consumer demand.

7. Netherlands

The Netherlands is a major importer of coconuts, with an import value of $20.5 million in 2023. The country is an important hub for the European coconut market, with many coconut products passing through Dutch ports on their way to other European countries. The Netherlands is known for its high food safety standards and efficient logistics infrastructure, making it an ideal market for coconut suppliers looking to reach European consumers.

8. United Kingdom

The United Kingdom is a key import market for coconuts, with an import value of $12.5 million in 2023. Coconut products are popular in the UK due to their health benefits and tropical taste, and many consumers in the UK are turning to coconut-based products as a healthier alternative to traditional snacks and beverages. The market for coconut products in the UK is expected to continue growing in the coming years, as consumers become more health-conscious and seek out natural and organic products.

9. Canada

Canada is a significant importer of coconuts, with an import value of $10.8 million in 2023. The country's cold climate makes it an unlikely market for tropical fruits, but Canadian consumers have developed a taste for coconut products in recent years. Coconut water, in particular, has seen strong growth in Canada, as consumers look for healthier and more refreshing alternatives to traditional beverages.

10. Germany

Germany is a key import market for coconuts, with an import value of $9.3 million in 2023. The country is known for its high-quality food products and strict food safety standards, making it an attractive market for coconut suppliers. German consumers have a growing interest in natural and organic products, and coconut products are seen as a healthy and exotic treat. The market for coconut products in Germany is expected to continue growing in the coming years, as consumers become more health-conscious and seek out sustainable and ethically sourced products.

Overall, the global market for coconuts is thriving, with several key import markets driving growth and innovation in the industry. As consumers around the world become more health-conscious and seek out natural and organic products, the demand for coconut products is expected to continue growing in the coming years. With strong demand from countries such as China, the United States, and Malaysia, the future looks bright for the global coconut industry.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global coconut market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 249 - Coconuts

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Harrisons Malayalam Limited, Renuka Agri Foods (Pvt) PLC, Silvermill Holdings Limited, Dilarshad Enterprise, Deejay Farm, Samroiyod Corporation Ltd., Safe Agritrade Private Limited, Davidsun Coconut, Linaco, SOCOCO, Metshu Exports, Kara, Vita Coco, Apex Coco and Solar Energy Limited, Thai Coconut, The Coconut Company (UK) Ltd., Wichy Coconut

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Harvested Area, By Country, 2012-2024
    7. Yield, By Country, 2012-2024
    8. Imports, In Physical Terms, By Country, 2012–2024
    9. Imports, In Value Terms, By Country, 2012–2024
    10. Import Prices, By Country Of Destination, 2012–2024
    11. Exports, In Physical Terms, By Country, 2012–2024
    12. Exports, In Value Terms, By Country, 2012–2024
    13. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2024
    19. Production, In Value Terms, 2012–2024
    20. Area Harvested, 2012–2024
    21. Yield, 2012–2024
    22. Production, By Country, 2024
    23. Production, In Physical Terms, By Country, 2012–2024
    24. Harvested Area, By Country, 2024
    25. Harvested Area, By Country, 2012-2024
    26. Yield, By Country, 2012-2024
    27. Imports, In Physical Terms, 2012–2024
    28. Imports, In Value Terms, 2012–2024
    29. Imports, In Physical Terms, By Country, 2024
    30. Imports, In Physical Terms, By Country, 2012–2024
    31. Imports, In Value Terms, By Country, 2012–2024
    32. Import Prices, By Country, 2012–2024
    33. Exports, In Physical Terms, 2012–2024
    34. Exports, In Value Terms, 2012–2024
    35. Exports, In Physical Terms, By Country, 2024
    36. Exports, In Physical Terms, By Country, 2012–2024
    37. Exports, In Value Terms, By Country, 2012–2024
    38. Export Prices, 2012–2024

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