Market research

Coconut oilcake market in Asia

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Asia" region includes following countries:

China

Hong Kong

Japan

North Korea

South Korea

Macao

Mongolia

Afghanistan

Bangladesh

Bhutan

Sri Lanka

India

Iran

Maldives

Nepal

Pakistan

Brunei Darussalam

Myanmar

Cambodia

Indonesia

Laos

Malaysia

the Philippines

Timor-Leste

Singapore

Vietnam

Thailand

Kazakhstan

Kyrgyzstan

Tajikistan

Turkmenistan

Uzbekistan

Azerbaijan

Armenia

Bahrain

Cyprus

Georgia

Palestine

Iraq

Israel

Jordan

Kuwait

Lebanon

Oman

Qatar

Saudi Arabia

Syria

Turkey

the United Arab Emirates

Yemen

Earlier Report Observations

The Asian coconut oilcake market volume grew from 1 453 thousand tonnes in 2018 to 1 513 thousand tonnes in 2019. This initial increase coincided with China's initiation of import tracking for coconut copra oil cake from February 2018, which facilitated trade flows and supported volume growth. However, the market contracted to 1 334 thousand tonnes in 2020.

A recovery followed in 2021, with the market reaching 1 416 thousand tonnes. A sharp surge then occurred in 2022, lifting the market to 1 767 thousand tonnes. In 2023, volume declined to 1 607 thousand tonnes, impacted by reduced coconut supply for crushing in the Philippines, which constrained copra meal production and consumption across the region.

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

In kind, 2017-2020, K t

Top producers of coconut oilcake, 2017-2020

Source: SHEV.io

World map of production of coconut oilcake, 2017-2020

Source: SHEV.io

Asia's coconut oilcake production saw a two-year increase before declining. In 2020, production reached 1,354 K t, marking a 10.6% decrease from the previous year. Over the 2017-2020 period, production grew by 8.5%, with an average annual growth rate of 2.8%. The highest production volume was recorded in 2019 at 1,514 K t, while the largest year-on-year increase occurred in 2018 at 18.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	18.0%	2.8%	(10.6%)	2.8%

Source: SHEV.io

Exports coconut oilcake from Asia

Exports in kind, K t

The market showed noticeable fluctuations during this period. Exports reached their lowest point in 2017 before peaking in 2018, with a 2.1-fold difference between these years. In 2020, foreign coconut oilcake supplies from Asia totaled 54.0 K t, reflecting a sharp 26.6% decline from the previous year. The maximum export volume was recorded in 2018 at 101.8 K t. The largest decline occurred in 2019 at 27.8%, while the largest increase was seen in 2018 at 105.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	105.5%	(27.8%)	(26.6%)	2.9%

Source: SHEV.io

From 2017 to 2020, Asia, not elsewhere specified, and the Netherlands remained the principal buyers of coconut oilcake from Asia, together accounting for 3.1% of total exports in volume terms.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

Coconut oilcake exports from Asia declined for the second consecutive year. In 2020, exports amounted to 92.5 million US dollars, showing a 19.9% decrease year-over-year. Between 2017 and 2020, exports fell by 17.6%, equating to an average annual decline of 6.3%. The highest export value was recorded in 2018 at 129.0 million US dollars, with the largest increase occurring that same year at 14.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	14.8%	(10.4%)	(19.9%)	(6.3%)

Source: SHEV.io

During 2017-2020, the Netherlands (2.5% of exports in value terms), Asia, not elsewhere specified (2.5% of exports in value terms), and Switzerland (0.8% of exports in value terms) continued to be the main buyers of coconut oilcake from Asia, jointly representing 5.7% 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 Asia in value, 2017-2020

Source: SHEV.io

Imports coconut oilcake to Asia

Imports in kind, K t

Market behavior was characterized by volatility during these years. Imports hit their lowest point in 2017 before reaching their peak in 2018, with a 2.9-fold gap between these years. In 2020, Asia's coconut oilcake import volume amounted to 33.8 K t, constituting a 53.9% reduction from the previous year. The maximum import volume was recorded in 2018 at 82.6 K t, with the largest increase occurring that same year at 185.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	185.3%	(11.3%)	(53.9%)	5.3%

Source: SHEV.io

Throughout 2017-2020, Papua New Guinea was the primary supplier of coconut oilcake to Asia, consistently accounting for 1.3% of total imports in volume terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

Coconut oilcake imports to Asia declined for the second consecutive year. In 2020, imports amounted to 44.8 million US dollars, corresponding to a steep 29.1% decrease compared with 2019. Over the 2017-2020 period, imports decreased by 36.5%, with an average annual decline of 14.0%. The maximum import value was recorded in 2018 at 88.7 million US dollars, with the largest increase occurring that same year at 25.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	25.7%	(28.7%)	(29.1%)	(14.0%)

Source: SHEV.io

Throughout 2017-2020, Papua New Guinea and Vanuatu formed the main group of markets for imports in value terms, together accounting for 4.1% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io