Market research

Coconut, palm kernel or babassu oil and fractions market in Asia, 2026

$Coconut, palm kernel or babassu oil and fractions market in Asia$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

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Submission method: to your account

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 market for coconut, palm kernel or babassu oil and fractions showed significant volume swings between 2018 and 2023. It grew sharply from 7.8 million tons in 2018 to 9.3 million tons in 2019, a rise of 20%, before contracting by 21% to 7.4 million tons in 2020.

Market volume saw a further modest decrease to 7.2 million tons in 2021. A strong recovery followed in 2022, with volume expanding by 18% to 8.5 million tons, after which it stabilized at 8.4 million tons in 2023.

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. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ 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 China, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from China 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, K t
    1. 6.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ 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 China, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from China 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, K t
    1. 7.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ 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 China, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to China 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, K t
    1. 7.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ 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 China, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to 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, palm kernel or babassu oil and fractions in Asia

In kind, 2017-2020, K t

Top producers of coconut, palm kernel or babassu oil and fractions, 2017-2020

Source: SHEV.io

World map of production of coconut, palm kernel or babassu oil and fractions, 2017-2020

Source: SHEV.io

Asia's production of coconut, palm kernel, or babassu oil and fractions saw a decline after two consecutive years of growth. In 2019, output reached its peak at 10 254 K t, but by 2020 it had fallen to 9 498 K t, representing a modest decrease of 7.4%. The most significant increase occurred in 2018, with production rising by 5.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.8%	0.7%	(7.4%)	(0.5%)

Source: SHEV.io

In value, 2017-2020, M $ US

Following a two-year decline, the value of coconut, palm kernel, or babassu oil and fractions production in Asia rebounded. In 2019, output hit its lowest point at 19 852 M $ US, but in 2020 it increased to 20 090 M $ US, marking a slight rise of 1.2%. Over the period from 2017 to 2020, overall production value decreased by 15.9%, with a compound annual growth rate of 5.6%. The largest drop was recorded in 2018, at 13.5%.

Annual dynamics of production in Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.5%)	(3.9%)	1.2%	(5.6%)

Source: SHEV.io

Exports coconut, palm kernel or babassu oil and fractions from Asia

Exports in kind, K t

After two years of decline, Asia's exports of coconut, palm kernel, or babassu oil and fractions in volume terms showed a significant recovery. In 2019, exports were at their minimum of 1 871 K t, but by 2020 they surged to 2 840 K t, reflecting a dramatic increase of 51.8%. Between 2017 and 2020, total exports decreased by 20.1%, equating to an annualized rate of 7.2%. The largest decline occurred in 2019, at 44.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.4%)	(44.3%)	51.8%	(7.2%)

Source: SHEV.io

From 2017 to 2020, the Netherlands, the United States, and Brazil were the leading buyers of coconut, palm kernel, or babassu oil and fractions from Asia, though none dominated the market. The Netherlands accounted for 19.5% of exports in kind, the United States for 16.8%, and Brazil for 4.8%, together making up 41.1% of total exports, with the remainder spread across numerous smaller partners.

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

Following a two-year downturn, the value of Asia's exports of coconut, palm kernel, or babassu oil and fractions experienced a robust increase. In 2019, export value was at its lowest at 3 352 M $ US, but by 2020 it had risen to 3 795 M $ US, representing a solid growth of 13.2%. Over the period from 2017 to 2020, total export value decreased by 35.4%, with an annualized rate of 13.5%. The largest decline was recorded in 2019, at 26.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(22.2%)	(26.7%)	13.2%	(13.5%)

Source: SHEV.io

The export structure in value terms from 2017 to 2020 indicates a diversified range of partners. The Netherlands, the United States, and Brazil were key markets, accounting for 21.6%, 18.9%, and 4.1% of exports in value terms, respectively. Together, they represented 44.6% of total flows, while the remaining 55.4% was distributed among numerous smaller markets.

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, palm kernel or babassu oil and fractions to Asia

Imports in kind, K t

Asia's imports of coconut, palm kernel, or babassu oil and fractions in volume terms declined for the third consecutive year. In 2020, imports amounted to 748 K t, marking a reduction of 20.4% compared to the previous year. Over the period from 2017 to 2020, total imports decreased by 41.1%, with a compound annual growth rate of 16.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(25.8%)	(0.4%)	(20.4%)	(16.2%)

Source: SHEV.io

Throughout 2017 to 2020, Papua New Guinea was the primary supplier of coconut, palm kernel, or babassu oil and fractions to Asia, consistently accounting for 1.4% of total imports in kind.

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

After two years of reduction, the value of Asia's imports of coconut, palm kernel, or babassu oil and fractions increased. In 2019, import value was at its minimum of 1 664 M $ US, but by 2020 it had reached 1 862 M $ US, showing a robust improvement of 11.9%. Between 2017 and 2020, total import value decreased by 24.1%, equating to an annualized rate of 8.8%. The largest decline occurred in 2019, at 25.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(9.4%)	(25.1%)	11.9%	(8.8%)

Source: SHEV.io

From 2017 to 2020, Papua New Guinea was the single largest supplier of coconut, palm kernel, or babassu oil and fractions to Asia, accounting for 1.4% of total imports in value terms.

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