Coconut oil and fractions market in Dominica

Earlier Report Observations

The market for coconut oil and fractions in Dominica contracted sharply in 2019, with volume falling by over 50% from 601 t to 281 t. Following this decline, the market stabilized around 265 t in 2020 and 2021, showing minimal annual movement.

A recovery began in 2022, with market volume growing 9% to 290 t and then surging 28% to 371 t in 2023. This expansion coincided with a global consumer trend toward increased demand for virgin, organic, and non-chemically modified coconut oils, which supported higher production and import volumes.

Despite the recent growth, Dominica remains a minor participant in the global coconut oil trade, where Asian producers such as the Philippines and Indonesia dominate supply and production.

Production coconut oil and fractions in Dominica

In kind, 2017-2020, t

Top producers of coconut oil and fractions, 2017-2020

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

In 2020, Dominica produced 255.4 t of coconut oil and fractions, showing no significant change from 2019. Over the period from 2017 to 2020, production decreased by 50%, with a compound annual growth rate of -20.6%. The minimum production was recorded in 2019 at 255.4 t, while the maximum was in 2018 at 600.0 t. The largest decline occurred in 2019, dropping by 57.4%, whereas the largest increase was in 2018, rising by 17.5%.

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

Exports coconut oil and fractions from Dominica

Exports in kind, kg

The market showed an unstable trend throughout the period. Exports varied significantly, with a 19-fold difference between the high in 2017 and the low in 2020. In 2020, Dominica's exports of coconut oil and fractions were recorded at 182 kg, down by 61.4% compared to 2019. The largest decline was in 2018, falling by 90.9%, while the largest increase was in 2019, rising by 51.4%.

Annual dynamics of product's exports from Dominica in kind, 2017-2020, kg

From 2017 to 2020, France, Gabon, and Saint Kitts and Nevis were the main destinations for Dominica's coconut oil and fractions exports in kind. France accounted for 24.0% of exports, Gabon for 23.5%, and Saint Kitts and Nevis for 14.2%, together making up 61.7% of total exports.

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

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

Exports in value, $ US

The data reveals irregular changes, indicating a volatile market environment. Exports varied by 17 times between the peak in 2017 and the trough in 2020. In 2020, Dominica exported 554 US dollars of coconut oil and fractions, marking a dramatic fall of 74.9% from the previous year. The largest decline was in 2018, dropping by 84.1%, while the largest increase was in 2019, rising by 48.1%.

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

From 2017 to 2020, Gabon, France, and Saint Kitts and Nevis continued to be the main buyers of Dominica's coconut oil and fractions in value terms. Gabon accounted for 22.4% of exports, France for 20.9%, and Saint Kitts and Nevis for 17.1%, jointly forming 60.4% of total exports.

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

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

Imports coconut oil and fractions to Dominica

Imports in kind, kg

The data reveals irregular changes, indicating a volatile market environment. Imports varied by 16 times between the maximum in 2019 and the minimum in 2018. In 2020, Dominica imported 9 601 kg of coconut oil and fractions, amounting to an abrupt contraction of 62.9% compared to 2019. The minimum value was recorded in 2018 at 1 616 kg, while the maximum was in 2019 at 25 889 kg. The largest decline occurred in 2018, falling by 85.1%, and the largest increase was in 2019, rising by 1 502.0%.

Annual dynamics of product's imports to Dominica in kind, 2017-2020, kg

From 2017 to 2020, the leading sources for Dominica's imports of coconut oil and fractions in kind were Vietnam, Saint Lucia, and Belize. Vietnam accounted for 39.3% of imports, Saint Lucia for 30.9%, and Belize for 14.6%, together making up 84.8% of total flows.

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

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

Imports in value, $ US

Volatility characterized the market behavior during these years. Imports varied by 7.4 times between the highest value in 2019 and the lowest in 2018. In 2020, Dominica's imports of coconut oil and fractions stood at 22 143 US dollars, down by 55.5% compared to the previous year. The minimum value was recorded in 2018 at 6 758 US dollars, while the maximum was in 2019 at 49 801 US dollars. The largest decline was in 2018, falling by 77.4%, and the largest increase was in 2019, rising by 636.9%.

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

From 2017 to 2020, Saint Lucia, Vietnam, and Belize remained the principal suppliers of coconut oil and fractions to Dominica in value terms. Saint Lucia accounted for 31.8% of imports, Vietnam for 23.5%, and Belize for 19.7%, jointly accounting for 75.0% of total imports.

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

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