Market research

Coconut oil and fractions market in Bangladesh

$Coconut oil and fractions market in Bangladesh$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The coconut oil market in Bangladesh opened the period at 28,321 t in 2018 before declining to 24,629 t by 2020.

Market volume recovered slightly to 24,873 t in 2021, a year marked by a 60% surge in the average import price for crude coconut oil. A significant expansion followed in 2022, with volume jumping to 29,410 t, supported by the country's growing export activity to trade partners such as India and Pakistan.

Growth persisted in 2023, lifting the market to 30,659 t. Concurrently, global consumer shifts toward natural and organic products began shaping demand dynamics in the coconut oil sector.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bangladesh
  1. 5.1.1. Annual dynamics of production in Bangladesh in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Bangladesh in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bangladesh, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Bangladesh by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bangladesh, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Bangladesh by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Bangladesh in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Bangladesh by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bangladesh in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bangladesh by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bangladesh, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Bangladesh by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Bangladesh in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Bangladesh by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bangladesh in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bangladesh by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bangladesh, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Bangladesh by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production coconut oil and fractions in Bangladesh

In kind, 2017-2020, t

Bangladesh was one of the world's leading producers of coconut oil and fractions from 2017 to 2020, ranking 11th globally by production volume during this period.

Top producers of coconut oil and fractions, 2017-2020

Source: SHEV.io

World map of production of coconut oil and fractions, 2017-2020

Source: SHEV.io

In 2020, Bangladesh produced 23,800 tonnes of coconut oil and fractions, marking a modest increase of 2.6% compared to the previous year. Production reached its lowest point in 2019 at 23,200 tonnes, while the peak was recorded in 2018 with 25,709 tonnes. The most significant decline occurred in 2019, dropping by 9.8%, whereas the largest increase was seen in 2018, rising by 9.8%.

Annual dynamics of production in Bangladesh in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.8%	(9.8%)	2.6%	0.5%

Source: SHEV.io

Exports coconut oil and fractions from Bangladesh

Exports in kind, t

The market exhibited volatility during these years, with exports peaking in 2018 and hitting a low in 2017, showing a 55-fold difference between these extremes. In 2020, Bangladesh exported 24 tonnes of coconut oil and fractions, a substantial increase of 383.3% from the previous year. The highest export volume was recorded in 2018 at 174 tonnes. The most significant decline occurred in 2019, falling by 97.2%, while the largest increase was in 2018, surging by 5,438.6%.

Annual dynamics of product's exports from Bangladesh in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	5 438.6%	(97.2%)	383.3%	95.9%

Source: SHEV.io

From 2017 to 2020, Nepal dominated Bangladesh's exports of coconut oil and fractions in volume terms, accounting for 84.4% of total flows, with the remainder distributed among various smaller destinations.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Bangladesh in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The market showed volatility over the observed period, with export values peaking in 2018 and reaching a trough in 2019, resulting in a 53-fold gap. In 2020, Bangladesh's exports of coconut oil and fractions amounted to 16,000 US dollars, representing a sharp increase of 101.1% from 2019. The lowest value was recorded in 2019 at 8,000 US dollars, while the highest was in 2018 at 430,000 US dollars. The most significant decline occurred in 2019, dropping by 98.1%, whereas the largest increase was in 2018, rising by 2,504.9%.

Annual dynamics of product's exports from Bangladesh in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	2 504.9%	(98.1%)	101.1%	(0.4%)

Source: SHEV.io

Throughout 2017 to 2020, Nepal dominated Bangladesh's export structure in value terms, holding a 91.0% share of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Bangladesh in value, 2017-2020

Source: SHEV.io

Imports coconut oil and fractions to Bangladesh

Imports in kind, t

Volatility characterized the market behavior during these years, with import volumes peaking in 2019 and falling to a trough in 2020, showing a top-to-bottom ratio of 5.9 times. In 2020, Bangladesh imported 853 tonnes of coconut oil and fractions, indicating a sharp drop of 83.0% year-over-year. The maximum import volume was recorded in 2019 at 5,027 tonnes. The largest increase occurred in 2018, rising by 175.1%.

Annual dynamics of product's imports to Bangladesh in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	175.1%	80.4%	(83.0%)	(5.6%)

Source: SHEV.io

From 2017 to 2020, Indonesia (with 31.2% of imports in kind), Papua New Guinea (30.5%), and the Philippines (23.8%) were the largest suppliers of coconut oil and fractions to Bangladesh, together accounting for 85.5% of total imports in volume.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bangladesh in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Noticeable fluctuations marked market performance during this period, with import values peaking in 2019 and bottoming out in 2020, differing by 3.2 times. In 2020, Bangladesh's imports of coconut oil and fractions reached 1,235,000 US dollars, constituting a decline of 68.5% year-over-year. The maximum value was recorded in 2019 at 3,926,000 US dollars. The largest increase occurred in 2018, rising by 98.4%.

Annual dynamics of product's imports to Bangladesh in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	98.4%	10.3%	(68.5%)	(11.7%)

Source: SHEV.io

Over 2017 to 2020, the Philippines (32.7% of imports in value terms), Indonesia (26.2%), and Papua New Guinea (20.2%) together accounted for 79.1% of total imports in value terms of coconut oil and fractions to Bangladesh, making them the primary sources.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bangladesh in value, 2017-2020

Source: SHEV.io