Market research

Coconut oil and fractions market in MERCOSUR

$Coconut oil and fractions market in MERCOSUR$

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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"MERCOSUR" region includes following countries:

Brazil

Argentina

Uruguay

Paraguay

Earlier Report Observations

The market volume for coconut oil and fractions in MERCOSUR fluctuated between 2018 and 2023. After a drop to 16 151 t in 2019, consumption surged by 40% in 2020, reaching a peak of 22 686 t. This was followed by a contraction over the next two years, with the market stabilizing at around 17 484 t in 2023.

By 2024, the market was influenced by a rising consumer preference for natural and organic products, which bolstered demand for unchemically modified coconut oil. The launch of a U.S.-based seed oil certification program helped identify products without refined oils, shaping consumer choice. Major global companies like Cargill and Wilmar International expanded their production capacity to mitigate supply chain risks, affecting regional supply. Concurrently, imports rose to 6 721 t and exports reached 1 245 t, reflecting active trade flows and adjustments in raw material costs.

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 MERCOSUR
  1. 5.1.1. Annual dynamics of production in MERCOSUR in kind, 2018-2023, t
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 Brazil in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Brazil 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 Brazil in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Brazil 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 Brazil, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Brazil 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 Brazil in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Brazil 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 Brazil in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Brazil 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 Brazil, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Brazil 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 Brazil in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Brazil 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 Brazil in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Brazil 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 Brazil, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Brazil 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 Brazil in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Brazil 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 Brazil in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Brazil 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 Brazil, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Brazil 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 MERCOSUR

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

In 2020, MERCOSUR produced 14 269 tons of coconut oil and fractions, marking a 50.5% increase from 2019. Production grew by 54.4% between 2017 and 2020, translating to an annualized growth rate of 15.6%. The most significant drop occurred in 2019, with a decline of 20.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	28.4%	(20.1%)	50.5%	15.6%

Source: SHEV.io

Exports coconut oil and fractions from MERCOSUR

Exports in kind, t

MERCOSUR's exports of coconut oil and fractions have risen for the third year in a row. In 2020, exports reached 1 620 tons, up 35.0% from the previous year. From 2017 to 2020, exports surged by 2 342.5%, averaging an annual growth rate of 190.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 508.1%	12.5%	35.0%	190.1%

Source: SHEV.io

Between 2017 and 2020, Colombia, Chile, and Cabo Verde were the top contributors to MERCOSUR's coconut oil and fractions exports by volume. Colombia accounted for 3.7% of exports, Chile for 2.8%, and Cabo Verde for 0.7%, together making up 7.2% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The market exhibited volatility during the observed period. Exports hit their lowest point in 2017 and peaked in 2020, with an 8.4-fold difference between these years. In 2020, MERCOSUR's coconut oil and fractions exports were valued at 3 432 thousand US dollars, a 49.8% increase from 2019. The largest decline was in 2019 at 12.8%, while the biggest jump occurred in 2018 with a 541.5% rise.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	541.5%	(12.8%)	49.8%	103.1%

Source: SHEV.io

From 2017 to 2020, MERCOSUR's coconut oil and fractions exports in value terms were not heavily concentrated on a few markets. Chile accounted for 6.7% of export value, Colombia for 4.0%, and Cabo Verde for 2.2%, collectively representing just 12.9% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coconut oil and fractions to MERCOSUR

Imports in kind, t

MERCOSUR's imports of coconut oil and fractions have increased for the second consecutive year. In 2020, imports totaled 10 037 tons, a sharp rise of 27.5% from the year before. Over the 2017-2020 period, imports grew by 30%, with a compound annual growth rate of 9.1%. The lowest volume was recorded in 2018 at 7 495 tons, which also saw the largest decline of 3.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.0%)	5.0%	27.5%	9.1%

Source: SHEV.io

From 2017 to 2020, Malaysia, the Philippines, and Indonesia were the key partners for MERCOSUR's coconut oil and fractions imports by volume. Malaysia contributed 31.2% of imports, the Philippines 29.4%, and Indonesia 19.1%, together accounting for 79.7% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Following a two-year decline, MERCOSUR's imports of coconut oil and fractions in value terms rebounded. In 2020, imports amounted to 18 893 thousand US dollars, a 33.3% increase from the previous year. Between 2017 and 2020, imports fell by 18.2%, averaging an annual decline of 6.5%. The lowest value was in 2019 at 14 178 thousand US dollars, which also experienced the largest drop of 23.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(20.0%)	(23.2%)	33.3%	(6.5%)

Source: SHEV.io

Throughout 2017-2020, the Philippines, Malaysia, and Indonesia dominated MERCOSUR's coconut oil and fractions imports in value terms. The Philippines accounted for 36.5% of import value, Malaysia for 23.6%, and Indonesia for 13.3%, collectively making up 73.4% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io