Earlier Report Observations
The market for coconut, palm kernel or babassu oil and fractions in El Salvador reached 2 431 tons in 2018, a level supported by the production operations of the state-owned cooperative La Cooperativa El Jobal on Espíritu Santo Island. Over the following three years, market volume contracted consistently, declining to 1 500 tons by 2021.
A reversal began in 2022, with market volume edging up to 1 529 tons and then expanding significantly to 1 757 tons in 2023. This recovery period aligned with a 106% surge in regional palm oil exports from Guatemala between 2018 and 2022, influencing local supply and demand, and with broader retail availability of organic and pure oil formats reflecting growing consumer preference for natural products.
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, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 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 El Salvador
- 5.1.1. Annual dynamics of production in El Salvador in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in El Salvador 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 El Salvador
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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, t
- 6.1.2.1. Annual dynamics of product's exports from El Salvador in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from El Salvador by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from El Salvador in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from El Salvador by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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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 El Salvador, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from El Salvador by countries, 2018-2025, $ 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, t
- 6.2.2.1. Annual dynamics of product's exports from El Salvador in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from El Salvador by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from El Salvador in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from El Salvador by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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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 El Salvador, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from El Salvador by countries, 2018-2025, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to El Salvador in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to El Salvador by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to El Salvador in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to El Salvador by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to El Salvador, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to El Salvador by countries, 2018-2025, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to El Salvador in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to El Salvador by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to El Salvador in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to El Salvador by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to El Salvador, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to El Salvador by countries, 2018-2025, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production coconut, palm kernel or babassu oil and fractions in El Salvador
In kind, 2018-2021, t
Top producers of coconut, palm kernel or babassu oil and fractions, 2018-2021
World map of production of coconut, palm kernel or babassu oil and fractions, 2018-2021
After two consecutive years of decline, production of coconut, palm kernel, or babassu oil and fractions in El Salvador rebounded in 2021. That year, the country produced 1 183 tons, marking a 9.1% increase from 2020. However, looking at the broader period from 2018 to 2021, overall production fell by 46.8%, which translates to an average annual decline of 19.0%. The lowest production level was recorded in 2020 at 1 084 tons, while the sharpest drop occurred in 2019 with a 37.6% decrease.
Annual dynamics of production in El Salvador in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (37.6%) | (21.9%) | 9.1% | (19.0%) |
Exports coconut, palm kernel or babassu oil and fractions from El Salvador
Exports in kind, t
In 2020, El Salvador's exports of coconut, palm kernel, or babassu oil and fractions amounted to just 0.1 tons, representing an 80.0% decline from the previous year.
Annual dynamics of product's exports from El Salvador in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (80.0%) | n/a | - |
From 2018 to 2021, El Salvador's exports of coconut, palm kernel, or babassu oil and fractions in kind were almost entirely concentrated in Guatemala, which accounted for 100.0% of the total.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from El Salvador in kind, 2018-2021
Exports in value, K $ US
In 2020, cross-border shipments of coconut, palm kernel, or babassu oil and fractions from El Salvador reached 1.1 thousand US dollars, down 3.1% compared to 2019.
Annual dynamics of product's exports from El Salvador in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (3.1%) | n/a | - |
Between 2018 and 2021, 100.0% of the total export value of coconut, palm kernel, or babassu oil and fractions from El Salvador was directed to Guatemala, making this market overwhelmingly dominant.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from El Salvador in value, 2018-2021
Imports coconut, palm kernel or babassu oil and fractions to El Salvador
Imports in kind, t
The import market for coconut, palm kernel, or babassu oil and fractions in El Salvador showed an unstable trend from 2018 to 2021. The lowest import volume was recorded in 2018, while the peak occurred in 2019, with a 2.8-fold difference between these two years. In 2021, imports totaled 316.7 tons, down 34.9% from 2020. The maximum import volume was 575.4 tons in 2019, which also saw the largest increase of 179.0%.
Annual dynamics of product's imports to El Salvador in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 179.0% | (15.5%) | (34.9%) | 15.4% |
From 2018 to 2021, Honduras and Malaysia dominated El Salvador's imports of coconut, palm kernel, or babassu oil and fractions in kind, together accounting for 84.2% of total flows, with other countries contributing smaller shares individually.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to El Salvador in kind, 2018-2021
Imports in value, K $ US
In 2021, El Salvador's imports of coconut, palm kernel, or babassu oil and fractions in value terms reached 631.2 thousand US dollars, showing a robust increase of 10.3% compared to 2020. Over the period from 2018 to 2021, imports grew by 64.1%, equivalent to an average annual rate of 18.0%. The largest decline was recorded in 2020 at 9.2%, while the sharpest rise occurred in 2019 with a 63.8% increase.
Annual dynamics of product's imports to El Salvador in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 63.8% | (9.2%) | 10.3% | 18.0% |
Throughout 2018 to 2021, Honduras (39.3% of import value), Malaysia (27.5%), and the United States (18.0%) formed the key group of partners for El Salvador's imports of coconut, palm kernel, or babassu oil and fractions in value terms, jointly representing 84.8% of total flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to El Salvador in value, 2018-2021
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