Market research

Coconut oilcake market in Costa Rica

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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Earlier Report Observations

Production of coconut oilcake in Costa Rica started at 126.6 tons in 2018, a year when several companies began expanding into coconut-based products such as oil, snacks, and cosmetics, following global consumption trends. This diversification supported the initial output of this by-product. The market volume then saw minor fluctuations, dipping to 123.2 tons in 2019 before rising to 142.2 tons in 2020 and falling back to 127.5 tons in 2021.

A significant increase occurred in 2022, when production reached 146.6 tons. This growth coincided with the adoption of circular economy practices that valorize oil residues and other by-products, turning waste into valuable commodities. Simultaneously, global demand for coconut oil surged due to its use in cosmetics, food, and pharmaceuticals, driven by consumer preferences for health-beneficial products, which boosted coconut oil production and consequently the supply of oilcake. By 2023, production eased to 127.9 tons. Meanwhile, Costa Rica's coconut oil exports reached $13.6 million in 2024, underscoring the country's role in the global coconut derivatives market.

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 Costa Rica
  1. 5.1.1. Annual dynamics of production in Costa Rica in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Costa Rica 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 Costa Rica in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Costa Rica 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 Costa Rica in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Costa Rica 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 Costa Rica, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Costa Rica 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 Costa Rica in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Costa Rica 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 Costa Rica in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Costa Rica 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 Costa Rica, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Costa Rica by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production coconut oilcake in Costa Rica

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, Costa Rica produced 142.2 tonnes of coconut oilcake, marking a 15.4% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 23.2%, with a compound annual growth rate of 7.2%. The largest decline occurred in 2019, when production fell by 2.7%.

Annual dynamics of production in Costa Rica in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.7%	(2.7%)	15.4%	7.2%

Source: SHEV.io

Exports coconut oilcake from Costa Rica

According to marketing research findings, Costa Rica did not export any coconut oilcake from 2017 to 2020.

Imports coconut oilcake to Costa Rica

Imports in kind, kg

In 2020, Costa Rica imported 4.00 kg of coconut oilcake from abroad, representing a significant 33.3% decrease compared to 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(33.3%)	-

Source: SHEV.io

From 2017 to 2020, the Netherlands consistently held the leading position in imports of coconut oilcake to Costa Rica in kind, accounting for 10.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

In 2020, the value of coconut oilcake imports to Costa Rica amounted to 24.85 US dollars, reflecting a 6.4% decrease compared to 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(6.4%)	-

Source: SHEV.io

Between 2017 and 2020, the Netherlands was the largest source for imports of coconut oilcake to Costa Rica in value terms, taking 1.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io