Netherlands: Coconut Market 2024

Coconut Market Size in the Netherlands

For the fourth year in a row, the Dutch coconut market recorded decline in sales value, which decreased by -24.4% to $X in 2022. In general, consumption continues to indicate a deep setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Coconut Production in the Netherlands

In value terms, coconut production stood at less than $X in 2022 estimated in export price. Over the period under review, production, however, saw a dramatic curtailment. The most prominent rate of growth was recorded in 2017 with a decrease of 99.9% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The average yield of coconuts in the Netherlands was estimated at less than X kg per ha in 2022, approximately mirroring the year before. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The coconut harvested area in the Netherlands stood at less than X ha in 2022, leveling off at the previous year's figure. Over the period under review, the harvested area saw a relatively flat trend pattern.

Coconut Exports

Exports from the Netherlands

In 2022, exports of coconuts from the Netherlands reduced to X tons, falling by -3% against 2021. Over the period under review, exports, however, saw a moderate increase. The most prominent rate of growth was recorded in 2014 with an increase of 194% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, coconut exports dropped to $X in 2022. In general, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2014 when exports increased by 188%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Italy (X tons), France (X tons) and Germany (X tons) were the main destinations of coconut exports from the Netherlands, with a combined 46% share of total exports. The UK, Spain, Russia, Belgium, Switzerland, Romania, Denmark, Poland, the Czech Republic and Sweden lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +16.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the largest markets for coconut exported from the Netherlands worldwide, with a combined 46% share of total exports. The UK, Belgium, Spain, Switzerland, Russia, Romania, Poland, the Czech Republic, Sweden and Denmark lagged somewhat behind, together accounting for a further 40%.

The UK, with a CAGR of +22.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average coconut export price amounted to $X per ton, falling by -12.1% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the average export price increased by 19%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Coconut Imports

Imports into the Netherlands

In 2022, coconut imports into the Netherlands shrank to X tons, which is down by -12.7% compared with 2021. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 16%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, coconut imports plummeted to $X in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 26%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Cote d'Ivoire (X tons) constituted the largest coconut supplier to the Netherlands, accounting for a 63% share of total imports. Moreover, coconut imports from Cote d'Ivoire exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. Costa Rica (X tons) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume from Cote d'Ivoire was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+14.6% per year) and Costa Rica (-1.7% per year).

In value terms, Cote d'Ivoire ($X), Thailand ($X) and Germany ($X) were the largest coconut suppliers to the Netherlands, together accounting for 80% of total imports. Vietnam, Spain, Costa Rica, Belgium, France and Sri Lanka lagged somewhat behind, together comprising a further 13%.

Vietnam, with a CAGR of +36.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average coconut import price amounted to $X per ton, reducing by -7.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2013 when the average import price increased by 21% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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