Market research

Coconut oilcake market in Caribbean

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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"Caribbean" region includes following countries:

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

Coconut oilcake production in the Caribbean showed a modest contraction from 11,172 t in 2018 to 10,781 t by 2020, with market volume following a similar trajectory as imports and exports were negligible.

From 2021 onward, production entered a clear growth phase, increasing to 11,518 t in 2021 and reaching 13,103 t in 2023, adding over 2,300 t to annual output in three years.

For 2024, identified industry factors included steady copra production and rising demand for coconut oil, which influence the generation of oilcake as a processing residue.

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 Caribbean
  1. 5.1.1. Annual dynamics of production in Caribbean 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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Antigua and Barbuda 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 Antigua and Barbuda in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Antigua and Barbuda 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Antigua and Barbuda 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, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Antigua and Barbuda 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 Antigua and Barbuda in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Antigua and Barbuda 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Antigua and Barbuda 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, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Antigua and Barbuda 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 Antigua and Barbuda in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Antigua and Barbuda 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Antigua and Barbuda 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, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Antigua and Barbuda 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 Antigua and Barbuda in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Antigua and Barbuda 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/kg
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 oilcake in Caribbean

In kind, 2017-2020, t

Top producers of coconut oilcake, 2017-2020

Source: SHEV.io

World map of production of coconut oilcake, 2017-2020

Source: SHEV.io

In 2020, Caribbean produced 10 781 tonnes of coconut oilcake, remaining unchanged from the previous year. Compared to 2019, production held steady. Between 2017 and 2020, production decreased by 7.6%, which translates to an annualized decline of 2.6%. The largest drop occurred in 2018, with a 4.3% decrease.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(4.3%)	(3.5%)	(0.0%)	(2.6%)

Source: SHEV.io

Exports coconut oilcake from Caribbean

Exports in kind, kg

The data shows irregular changes, pointing to a volatile market environment. Exports reached their lowest point in 2017 and peaked in 2019, with a 2 818-fold variation between these years. In 2020, Caribbean exported 2 603 kg of coconut oilcake, marking a sharp contraction of 53.8% compared to the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(53.8%)	991.9%

Source: SHEV.io

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, $ US

Market performance exhibited noticeable fluctuations during this period. Exports hit their low in 2017 and their high in 2019, varying by a factor of 182. In 2020, foreign coconut oilcake supplies from Caribbean amounted to 3 605 US dollars, showing an abrupt decrease of 53.9% from the year before.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(53.9%)	338.0%

Source: SHEV.io

From 2017 to 2020, France held the leading position in exports by value for coconut oilcake from Caribbean, accounting for 1.6% of the total.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coconut oilcake to Caribbean

Imports in kind, kg

The market displayed an unstable trend throughout the timeframe. Imports reached their lowest point in 2018 and peaked in 2020, with a 39-fold variation. In 2020, foreign coconut oilcake supplies to Caribbean were recorded at 11 459 kg, reflecting a 76.9% increase from 2019. The minimum value was 294 kg in 2018. The largest decline occurred in 2018, at 67.4%, while the largest increase was in 2019, at 2 101.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(67.4%)	2 101.0%	76.9%	133.3%

Source: SHEV.io

From 2017 to 2020, Guyana was the main destination for imports in kind, capturing 77.5% of total flows, with the remainder distributed among various smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

Volatility characterized the market behavior during these years. Imports fell to their lowest point in 2018 and hit their maximum in 2019, fluctuating by a factor of 19. In 2020, foreign coconut oilcake supplies to Caribbean were recorded at 3 929 US dollars, reflecting a drop of 78.3% relative to the prior year. The minimum value was 941 US dollars in 2018, while the maximum was 18 125 US dollars in 2019. The largest increase occurred in 2019, at 1 826.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(61.9%)	1 826.0%	(78.3%)	16.7%

Source: SHEV.io

From 2017 to 2020, the main markets for imports by value were Guyana (45.9% of imports), the United States (21.7% of imports), and the Netherlands (2.5% of imports), together accounting for 70.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io