Which Countries Import the Most Coconuts?

Other Tree And Bush Fruits And Nuts February 14, 2017
Author: Anna Sergeeva
Market Analyst

coconut market

Photo: © salajean / Bigstockphoto

The value of total imports on the global coconut market in 2015 stood at 373 million USD. There was an annual increase of +19.6% for the period from 2007 to 2015. In physical terms, coconut imports reached 853 thousand tonnes in 2015, an increase of 182 thousand tonnes (27%) against the previous year.

In 2015, according to market research conducted by IndexBox, China (319 thousand tonnes), Malaysia (208 thousand tonnes) and Thailand (114 thousand tonnes) were the main destinations for coconut imports, together comprising 75% of total imports. They were followed by the U.S. (6%), the UAE (4%), the Netherlands and Singapore (2%).

From 2007 to 2015, China posted the highest rates of growth in terms of imports, with a CAGR of +14.7%. In 2015, (against the figures for 2014), Malaysia registered the largest total imports growth (a threefold increase in imports). It was followed by Thailand (+26%), the Netherlands (-15%), the U.S. (+10%) and China (+6%). The UAE (-2%) and Singapore (-7%) recorded a negative trend pattern against the previous year.

The average coconut import price was 437 USD per tonne in 2015. Coconut import prices increased by an annual average of +1.3% from 2007 to 2015, which was largely attributed to a growing demand across the world.

Top 5 coconut importing countries in 2015

Do you want to know more about the global coconut market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • coconut market share
  • coconut prices
  • coconut industry
  • coconut sales
  • coconut market forecast
  • coconut price forecast
  • key coconut producers

Source: World: Coconuts - Market Report. Analysis And Forecast To 2025