Earlier Report Observations
The market volume for coconut oilcake in Saint Vincent and the Grenadines experienced considerable fluctuations between 2018 and 2023. After a modest dip to 82.1 tons in 2019, production surged to 135.3 tons in 2020, marking the highest point in the period. This was followed by a steady decline over the next three years, with the market volume falling to 63.0 tons by 2023.
In August 2021, Treelife, a Cotabato-based producer, invested in manufacturing virgin coconut oil, indicating an expansion in processing capacity that could affect the supply of coconut oilcake as a by-product. However, market volume for oilcake decreased that year and continued to drop through 2023.
By 2024, industry reports highlighted global factors such as aging coconut plantations, slow replanting, and competition for coconuts from higher-value products, which constrained the availability of copra for crushing. Concurrently, growing consumer preference for minimally processed and natural coconut oil products influenced demand dynamics in the broader coconut market.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Saint Vincent and the Grenadines
- 5.1.1. Annual dynamics of production in Saint Vincent and the Grenadines in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Saint Vincent and the Grenadines in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Saint Vincent and the Grenadines
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6. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, kg
- 6.1.2.1. Annual dynamics of product's exports from Saint Vincent and the Grenadines in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's exports in kind from Saint Vincent and the Grenadines by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, $ US
- 6.1.3.1. Annual dynamics of product's exports from Saint Vincent and the Grenadines in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's exports in value from Saint Vincent and the Grenadines by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Saint Vincent and the Grenadines, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Saint Vincent and the Grenadines by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, kg
- 6.2.2.1. Annual dynamics of product's exports from Saint Vincent and the Grenadines in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's exports in kind from Saint Vincent and the Grenadines by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, $ US
- 6.2.3.1. Annual dynamics of product's exports from Saint Vincent and the Grenadines in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's exports in value from Saint Vincent and the Grenadines by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Saint Vincent and the Grenadines, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Saint Vincent and the Grenadines by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production coconut oilcake in Saint Vincent and the Grenadines
In kind, 2017-2020, t
Top producers of coconut oilcake, 2017-2020
World map of production of coconut oilcake, 2017-2020
Coconut oilcake production in Saint Vincent and the Grenadines rebounded after two years of decline. In 2020, output reached 135.3 t, marking a significant 64.8% increase compared to the previous year. Over the 2017-2020 period, production grew by 28.5%, with an average annual growth rate of 8.7%. The lowest production level was recorded in 2019 at 82.1 t, while the steepest decline occurred in 2018 with a 19.0% drop.
Annual dynamics of production in Saint Vincent and the Grenadines in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (19.0%) | (3.7%) | 64.8% | 8.7% |
Exports coconut oilcake from Saint Vincent and the Grenadines
Market research indicates that Saint Vincent and the Grenadines did not export any coconut oilcake between 2017 and 2020.
Imports coconut oilcake to Saint Vincent and the Grenadines
According to market reports, Saint Vincent and the Grenadines did not import coconut oilcake from 2017 through 2020.
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