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World - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2025

World - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights

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Jun 24, 2024

The Largest Import Markets for Coconut Oil in 2023: Market Insights

Coconut oil has become increasingly popular in recent years due to its versatile uses in cooking, skincare, and health supplements. As a result, the global market for coconut oil imports has been steadily growing, with several countries emerging as key players in the industry. According to data from the IndexBox market intelligence platform, the top-10 countries by import value of coconut oil in 2023 are as follows:

1. United States - 565.0 Million USD

The United States tops the list as the largest importer of coconut oil, with an import value of 565.0 million USD in 2023. The country's strong demand for coconut oil can be attributed to its widespread use in a variety of industries, including food, cosmetics, and pharmaceuticals.

2. Netherlands - 417.5 Million USD

The Netherlands is the second-largest importer of coconut oil, with an import value of 417.5 million USD in 2023. The country serves as a key distribution hub for coconut oil in Europe, supplying the product to various industries across the continent.

3. Germany - 315.2 Million USD

Germany ranks third on the list of top import markets for coconut oil, with an import value of 315.2 million USD in 2023. The country's strong economy and high consumer demand for organic and natural products have contributed to its significant imports of coconut oil.

4. Malaysia - 254.9 Million USD

Malaysia is a major player in the global coconut oil market, with an import value of 254.9 million USD in 2023. The country is known for its high-quality coconut oil production and exports, catering to the needs of various industries worldwide.

5. China - 217.0 Million USD

China's growing consumer market has fueled its imports of coconut oil, with an import value of 217.0 million USD in 2023. The country's emerging middle class population has shown a preference for natural and organic products, driving demand for coconut oil.

6. Italy - 137.6 Million USD

Italy is a key player in the European coconut oil market, with an import value of 137.6 million USD in 2023. The country's culinary culture and emphasis on healthy eating have contributed to its significant imports of coconut oil for cooking and food preparation.

7. Spain - 117.7 Million USD

Spain's imports of coconut oil have been on the rise, with an import value of 117.7 million USD in 2023. The country's food and beverage industry is a major consumer of coconut oil, using it in a variety of products such as snacks, desserts, and beverages.

8. South Korea - 97.5 Million USD

South Korea is a significant importer of coconut oil, with an import value of 97.5 million USD in 2023. The country's beauty and skincare industry relies heavily on coconut oil as a natural ingredient in cosmetic products, driving its import demand.

9. France - 82.4 Million USD

France is a major consumer of coconut oil, with an import value of 82.4 million USD in 2023. The country's health and wellness market has seen a growing demand for coconut oil as a natural remedy and supplement, driving its imports.

10. Indonesia - 82.1 Million USD

Indonesia rounds out the top-10 list of import markets for coconut oil, with an import value of 82.1 million USD in 2023. The country is a leading producer of coconut oil, supplying both domestic and international markets with high-quality products.

Overall, the global market for coconut oil imports is thriving, with these countries leading the way in meeting the growing demand for this versatile and popular product.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global coconut oil 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 252 - Oil of 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:

Edward & Sons Trading Co, Greenville Agro Corporation, The Coconut Company (UK) Ltd., Healthy Traditions, Inc., Nutiva Inc., The Hain Celestial Group, MaxCare VCO, Celebes Coconut Corporation, SC Global Coco Products Inc., Barlean's, Davidsun Natural PVT LTD, PT Indo Perkasa Oil, NOW Foods, Nature's Way Products, LLC., Leyte Koko Oil Inc., Cargill Philippines Oil, Inc., Bicol Oil Mills and Refinery Corporation, Gokul Refoils & Solvent Limited, Cocoguru Coconut Industries Private Limited, SRM Gold Pure Coconut Oil

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. TOP EXPORTING COUNTRIES
    4. 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

  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. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. 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. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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