Market research

Coconut oil and fractions market in Hong Kong

$Coconut oil and fractions market in Hong Kong$

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

Hong Kong's coconut oil market volume fluctuated significantly between 2018 and 2023, starting at 946.1 thousand tons in 2018 and peaking at 1 026 thousand tons in 2019. A sharp contraction to 674.3 thousand tons followed in 2020, with a recovery to 780.9 thousand tons in 2021 and a rise to 929.7 thousand tons in 2022, before declining again to 812.3 thousand tons in 2023.

Domestic production mirrored this volatility, falling from 376.8 thousand tons in 2019 to 245.9 thousand tons in 2020 and then oscillating between 294.1 and 323.1 thousand tons through 2023. Imports, crucial for supply, dropped to 450.2 thousand tons in 2020, rebounded to 656.9 thousand tons in 2022, and fell to 515.9 thousand tons in 2023. By 2024, imports decreased further to 427.6 thousand tons while exports rose to 34.9 thousand tons. Global supply constraints, including aging coconut plantations, slow replanting, and weather disruptions like El Niño in key producing nations, tightened copra availability and influenced trade patterns.

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 Hong Kong
  1. 5.1.1. Annual dynamics of production in Hong Kong in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Hong Kong 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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Hong Kong 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 Hong Kong

In kind, 2017-2020, t

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

Hong Kong's production of coconut oil and fractions saw a two-year improvement before declining. In 2019, production reached its peak at 376.8 tonnes, marking a 6.5% increase from the previous year. However, by 2020, production had fallen to 245.9 tonnes, representing a steep 34.8% decline compared to 2019. Overall, between 2017 and 2020, production decreased by 28.5%, which equates to an annualized rate of 10.6%.

Annual dynamics of production in Hong Kong in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.9%	6.5%	(34.8%)	(10.6%)

Source: SHEV.io

Exports coconut oil and fractions from Hong Kong

Exports in kind, t

Hong Kong's exports of coconut oil and fractions declined for the third consecutive year. In 2020, exports amounted to 21.8 tonnes, showing a 19.6% loss compared to 2019. Over the period from 2017 to 2020, exports decreased by 54.5%, with a compound annual growth rate (CAGR) of -23.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(36.2%)	(11.2%)	(19.6%)	(23.1%)

Source: SHEV.io

From 2017 to 2020, China and Macao were the primary destinations for Hong Kong's exports of coconut oil and fractions in kind, jointly accounting for 80.3% of total flows. The remaining share was distributed among other markets.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Cross-border shipments of coconut oil and fractions from Hong Kong declined for the third year in a row. In 2020, exports totaled 77 thousand US dollars, which is 43.8% lower than the previous year. Between 2017 and 2020, exports decreased by 77%, equating to an annualized rate of 38.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(38.7%)	(33.0%)	(43.8%)	(38.7%)

Source: SHEV.io

Over the 2017–2020 period, China and Macao concentrated the majority of Hong Kong's exports of coconut oil and fractions in value terms, while other markets formed a less significant portion.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coconut oil and fractions to Hong Kong

Imports in kind, t

Hong Kong's imports of coconut oil and fractions declined for the third consecutive year. In 2020, imports amounted to [value_last_year] tonnes, which is 33.4% lower than the previous year. Between 2017 and 2020, imports decreased by 38.8%, equating to an annualized rate of 15.1%. The largest increase was recorded in 2019 at 8.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(15.3%)	8.6%	(33.4%)	(15.1%)

Source: SHEV.io

From 2017 to 2020, Malaysia, Thailand, and the Philippines were the biggest contributors to Hong Kong's imports of coconut oil and fractions in kind. Malaysia accounted for 43.3% of imports, Thailand for 15.6%, and the Philippines for 15.3%, jointly making up 74.3% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Imported volumes of coconut oil and fractions in Hong Kong declined for the third year in a row. In 2020, imports totaled 1 453 thousand US dollars, corresponding to a 25.9% drop year-over-year. Between 2017 and 2020, imports decreased by 50.4%, equating to an annualized rate of 20.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(15.5%)	(20.7%)	(25.9%)	(20.8%)

Source: SHEV.io

In the 2017–2020 period, Thailand, Malaysia, and the Philippines together accounted for 63.0% of Hong Kong's total imports of coconut oil and fractions in value terms. Thailand contributed 29.1%, Malaysia 18.1%, and the Philippines 15.8%, remaining the main sources for these imports.

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

Source: SHEV.io

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

Source: SHEV.io