Market research

Coconut oil and fractions market in Saint Lucia

$Coconut oil and fractions market in Saint Lucia$

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 for not chemically modified coconut oil in Saint Lucia showed considerable volatility between 2018 and 2023. Total market volume started at 410 tons in 2018, declined to a low of 327.6 tons in 2020, then rebounded strongly to reach 469.5 tons in 2022 before moderating to 436 tons in 2023. This pattern was mirrored by shifts in domestic production and import flows.

A small artisanal production unit for coconut oil launched in Sainte-Anne in 2020, supporting local value addition during a period of overall market contraction. The market's significant expansion in 2022 coincided with international factors, notably shortages of sunflower oil in major markets like France which spurred partial substitution with coconut oil. This increased global demand likely contributed to higher import volumes and the observed growth in Saint Lucia's total market size that year.

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 Saint Lucia
  1. 5.1.1. Annual dynamics of production in Saint Lucia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Saint Lucia 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 Saint Lucia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Saint Lucia 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 Saint Lucia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Saint Lucia 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 Saint Lucia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Saint Lucia 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 Saint Lucia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Saint Lucia 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 Saint Lucia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Saint Lucia 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 Saint Lucia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Saint Lucia 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 Saint Lucia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Saint Lucia 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 Saint Lucia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Saint Lucia 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 Saint Lucia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Saint Lucia 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 Saint Lucia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Saint Lucia 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 Saint Lucia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Saint Lucia 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 Saint Lucia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Saint Lucia 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 Saint Lucia

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

Coconut oil and fractions production in Saint Lucia saw a two-year increase before declining. In 2019, production reached its peak at 259.7 t, but by 2020 it had fallen to 156.5 t, marking a 39.8% decrease from the previous year. Over the 2017-2020 period, production grew by 9.1%, with an average annual growth rate of 2.9%. The most significant increase occurred in 2018, when production rose by 53.5%.

Annual dynamics of production in Saint Lucia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	53.5%	18.0%	(39.8%)	2.9%

Source: SHEV.io

Exports coconut oil and fractions from Saint Lucia

Exports in kind, t

The market showed an unstable trend throughout the period. In 2017, export volumes hit their lowest point, while 2019 saw the highest levels, with a 12-fold difference between these years. In 2020, Saint Lucia exported 7.3 t of coconut oil and fractions, down 52.3% from 2019. The peak export volume was recorded in 2019 at 15.2 t, with the largest increase that year reaching 447.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	119.6%	447.0%	(52.3%)	79.0%

Source: SHEV.io

From 2017 to 2020, Dominica was the dominant destination for Saint Lucia's exports in kind, accounting for 74.0% of total flows, while other markets remained relatively small.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The market exhibited an unstable trend throughout the timeframe. Import levels fluctuated significantly, with a 6-fold difference between the low in 2017 and the high in 2019. In 2020, Saint Lucia exported 14.0 K $ US of coconut oil and fractions, representing a 32.7% contraction compared to 2019. The maximum value was recorded in 2019 at 20.8 K $ US, while the largest increase occurred in 2018, rising by 229.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	229.2%	83.4%	(32.7%)	59.5%

Source: SHEV.io

Throughout 2017–2020, Dominica remained the primary destination for exports in value terms, capturing 79.2% of total flows, with the rest distributed among various smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coconut oil and fractions to Saint Lucia

Imports in kind, t

In 2020, foreign coconut oil and fractions supplies to Saint Lucia stood at 178.4 t, showing a robust advance of 19.2% compared to 2019. Over the 2017-2020 period, imports decreased by 4.6%, with an average annual decline of 1.6%. The minimum value was recorded in 2019 at 149.7 t, while the maximum was in 2018 at 192.7 t. The largest decline occurred in 2019, falling by 22.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.0%	(22.3%)	19.2%	(1.6%)

Source: SHEV.io

From 2017 to 2020, 99.5% of total imports in kind of coconut oil and fractions to Saint Lucia were directed to Trinidad and Tobago, making this market overwhelmingly dominant.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2020, Saint Lucia's coconut oil and fractions imports were recorded at 646.3 K $ US, indicating an advance of 12.1% compared to 2019. Over the 2017-2020 period, imports increased by 2.1%, with an average annual growth rate of 0.7%. The minimum value was in 2019 at 576.6 K $ US, while the maximum was in 2018 at 696.0 K $ US. The largest decline occurred in 2019, dropping by 17.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	10.0%	(17.2%)	12.1%	0.7%

Source: SHEV.io

Throughout 2017–2020, the partner structure of imports in value terms was dominated by Trinidad and Tobago, which consistently accounted for 99.4% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io