Ukraine: Coconut Market 2025

Coconut Market Size in Ukraine

In 2022, the Ukrainian coconut market decreased by -49.9% to $X, falling for the third year in a row after four years of growth. Over the period under review, consumption, however, saw a mild expansion. Coconut consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Coconut Exports

Exports from Ukraine

In 2022, exports of coconuts from Ukraine reduced to X kg, with a decrease of -3.9% on the previous year. Over the period under review, exports faced a abrupt setback. The growth pace was the most rapid in 2014 with an increase of 1,101%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, coconut exports amounted to $X in 2022. In general, exports faced a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of 829%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Georgia (X kg) was the main destination for coconut exports from Ukraine, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Georgia stood at -19.2%.

In value terms, Georgia ($X) also remains the key foreign market for coconuts exports from Ukraine.

From 2012 to 2022, the average annual rate of growth in terms of value to Georgia totaled -17.4%.

Export Prices by Country

In 2022, the average coconut export price amounted to $X per ton, growing by 14% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut export price increased by +29.8% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 54% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +2.3% per year.

Coconut Imports

Imports into Ukraine

In 2022, overseas purchases of coconuts decreased by -49.6% to X tons, falling for the third consecutive year after four years of growth. Overall, imports, however, enjoyed notable growth. The pace of growth appeared the most rapid in 2017 with an increase of 139% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, coconut imports contracted sharply to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 88%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Cote d'Ivoire (X tons) constituted the largest coconut supplier to Ukraine, with a 88% share of total imports. Moreover, coconut imports from Cote d'Ivoire exceeded the figures recorded by the second-largest supplier, Thailand (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Cote d'Ivoire amounted to +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+79.1% per year) and Poland (-48.3% per year).

In value terms, Cote d'Ivoire ($X) constituted the largest supplier of coconuts to Ukraine, comprising 77% of total imports. The second position in the ranking was held by Thailand ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Cote d'Ivoire totaled +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+76.9% per year) and Poland (-50.4% per year).

Import Prices by Country

The average coconut import price stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the import price showed a pronounced contraction. The pace of growth appeared the most rapid in 2013 an increase of 34%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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