Market research

Coconut oil and fractions market in Micronesia

$Coconut oil and fractions market in Micronesia$

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 market volume for coconut oil and fractions in Micronesia remained highly stable from 2018 to 2023, with annual figures consistently ranging between 4 300 and 4 400 tons. This period was characterized by minimal volatility, as the total market size never deviated by more than 100 tons from its average level, reflecting a steady supply and demand equilibrium.

Following a slight increase in 2019, volumes held firm through 2020 and 2021. The market reached its peak for the period in 2022 at 4 394 tons, before experiencing a marginal contraction the following year. By 2023, the market volume of 4 379 tons was closely aligned with the levels observed at the start of the six-year span.

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 Micronesia
  1. 5.1.1. Annual dynamics of production in Micronesia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Micronesia 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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Micronesia in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Micronesia in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Micronesia by countries, 2018-2024, $ 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 Micronesia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Micronesia 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, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Micronesia in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Micronesia in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Micronesia by countries, 2018-2024, $ 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 Micronesia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Micronesia 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, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Micronesia in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Micronesia by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Micronesia in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Micronesia by countries, 2018-2024, $ 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 Micronesia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Micronesia 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, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Micronesia in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Micronesia by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Micronesia in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Micronesia by countries, 2018-2024, $ 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 Micronesia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Micronesia by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ 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 Micronesia

In kind, 2017-2020, t

From 2017 to 2020, Micronesia ranked as the 30th largest producer of coconut oil and fractions globally.

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, Micronesia produced 4 356 tonnes of coconut oil and fractions, showing little change from the previous year. Over the 2017-2020 period, production grew by 50.2%, with an average annual growth rate of 14.5%. The highest production level was recorded in 2018 at 4 356 tonnes, which represented a 50.2% increase from the previous year. In 2019, production remained stable with no significant decline.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	50.2%	-	-	14.5%

Source: SHEV.io

Exports coconut oil and fractions from Micronesia

Exports in kind, kg

In 2018, Micronesia exported 57 425 kg of coconut oil and fractions, marking a 33.9% decrease compared to the year before.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(33.9%)	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, Malaysia and Pakistan were the two main export markets for Micronesia, together accounting for 100.0% of total exports in volume.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2018, the value of coconut oil and fractions exported from Micronesia reached 71.0 thousand US dollars, a sharp decline of 40.5% from the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(40.5%)	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Malaysia and Pakistan continued to be the primary buyers of coconut oil and fractions from Micronesia, together representing 100.0% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coconut oil and fractions to Micronesia

Imports in kind, kg

In 2019, Micronesia imported a total of 1 000 kg of coconut oil and fractions, a dramatic increase of 12 548.3% compared to 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	12 548.3%	n/a	-

Source: SHEV.io

Throughout 2017-2020, the Philippines was the dominant source of imports in volume for Micronesia, holding a 100.0% share of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2019, the value of coconut oil and fractions imported by Micronesia totaled 25.7 thousand US dollars, which is 2 947.0% higher than in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	2 947.0%	n/a	-

Source: SHEV.io

From 2017 to 2020, the Philippines remained the nearly exclusive supplier of coconut oil and fractions to Micronesia, accounting for 100.0% of total import value.

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

Source: SHEV.io

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

Source: SHEV.io