Market research

Coconut oil and fractions market in India

$Coconut oil and fractions market in India$

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

From 2018 to 2020, India's coconut oil production remained stable at around 590-595 thousand tonnes. During this period, domestic prices for copra and coconut oil began rising from 2019 onward, and the Virgin Coconut Oil segment emerged as a significant growth area, reflecting shifting consumer preferences towards value-added products.

Production volumes declined to 556 thousand tonnes in 2021 and further to 534 thousand tonnes in 2022. This contraction coincided with strong export growth for coconut-based products such as chips, milk, and virgin coconut oil, which diverted supply from the domestic market. Government initiatives, including a US$ 10 million investment to expand cultivation area and establish six new processing units for value-added products, aimed at boosting long-term output but faced short-term supply tightness.

The market size recovered to 533 thousand tonnes in 2023. In 2024, prolonged droughts and heatwaves in major producing states Tamil Nadu, Kerala, and Karnataka reduced mature coconut availability, squeezing copra production. The central government's increase in import duties on other edible oils raised demand for domestic coconut oil, while higher Minimum Support Prices for copra were introduced to support growers. A Supreme Court ruling clarified that pure coconut oil marketed as hair oil is classified as edible oil, simplifying the regulatory framework for packaged products.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in India
  1. 5.1.1. Annual dynamics of production in India in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in India 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, K 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, K 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 India in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to India 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 India in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to India 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to India, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to India by countries, 2018-2024, $ US/kg
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 India in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to India 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 India in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to India 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to India, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to India by countries, 2018-2024, $ US/kg
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 India in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from India 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 India in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from India 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from India, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from India by countries, 2018-2024, $ US/kg
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 India in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from India 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 India in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from India 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from India, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from India by countries, 2018-2024, $ US/kg
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 India

In kind, 2017-2020, K t

India was one of the world's top producers of coconut oil and fractions from 2017 to 2020, ranking third globally by production volume.

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, India produced 595.0 K t of coconut oil and fractions, showing minimal change compared to the previous year. The lowest production was recorded in 2018 at 590.0 K t, which represented a 1.8% decline from the prior year. Production then increased by 0.8% in 2019.

Annual dynamics of production in India in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.8%)	0.8%	-	(0.3%)

Source: SHEV.io

In value, 2017-2020, M $ US

In 2020, the output of coconut oil and fractions in India was valued at 1 630 M $ US, marking a 10.2% year-over-year gain. Over the 2017-2020 period, production increased by 9.1%, with a compound annual growth rate (CAGR) of 3.0%. The minimum value occurred in 2019 at 1 480 M $ US, following an 18.8% decline from the previous year. In contrast, the maximum value was recorded in 2018 at 1 822 M $ US, reflecting a 21.9% increase.

Annual dynamics of production in India in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	21.9%	(18.8%)	10.2%	3.0%

Source: SHEV.io

Exports coconut oil and fractions from India

Exports in kind, t

Foreign supplies of coconut oil and fractions from India increased for the second consecutive year in 2020, reaching 11 096 t, which was a 41.7% rise compared to the previous year. However, over the 2017-2020 period, exports decreased by 5.4%, equating to an annualized decline of 1.8%. The lowest export volume was in 2018 at 6 832 t, representing a 41.7% drop from the year before.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(41.7%)	14.6%	41.7%	(1.8%)

Source: SHEV.io

From 2017 to 2020, the largest buyers of coconut oil and fractions from India in terms of volume were the United Arab Emirates (accounting for 34.2% of exports), Saudi Arabia (9.5%), and Vietnam (9.5%). Together, these three markets formed 53.3% of India's total exports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

After a two-year decline, India's coconut oil and fractions export value increased in 2020, reaching 30 403 K $ US, up by 56.1% from the previous year. Over the 2017-2020 period, exports grew by 4.3%, with a compound annual growth rate (CAGR) of 1.4%. The minimum value was recorded in 2019 at 19 472 K $ US, following a 27.6% decline in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(27.6%)	(7.7%)	56.1%	1.4%

Source: SHEV.io

During 2017-2020, exports of coconut oil and fractions from India in value terms were distributed across many markets. The United Arab Emirates (32.8% of exports), Saudi Arabia (9.2%), and Vietnam (7.1%) jointly accounted for 49.0% of total flows, indicating a more fragmented market compared to volume-based exports.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coconut oil and fractions to India

Imports in kind, t

The market for coconut oil and fractions imports into India showed an unstable trend from 2017 to 2020. Imports reached their lowest point in 2017 and peaked in 2019, with a 302-fold difference between these years. In 2020, imports were recorded at 653 t, reflecting a steep 77.3% fall from the previous year. The maximum value was in 2019 at 2 878 t, following a dramatic 6,101.9% increase in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	6 101.9%	386.8%	(77.3%)	309.2%

Source: SHEV.io

Throughout 2017-2020, Indonesia dominated India's imports of coconut oil and fractions in kind, holding a 77.6% share of total flows. Other markets had relatively modest shares in comparison.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Volatility characterized the market for coconut oil and fractions imports into India during these years. The lowest value occurred in 2017, while the highest was in 2019, with a peak-to-trough ratio of 35 times. In 2020, import volumes stood at 659 K $ US, amounting to a dramatic 71.6% loss compared to the previous year. The maximum value was recorded in 2019 at 2 316 K $ US, following a 1,440.1% increase in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 440.1%	126.6%	(71.6%)	114.9%

Source: SHEV.io

From 2017 to 2020, Indonesia remained the main market for India's imports of coconut oil and fractions in value terms, with a 74.0% share of total flows. The remaining volume was fragmented across numerous other destinations.

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

Source: SHEV.io

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

Source: SHEV.io