Market research

Coconut, palm kernel or babassu oil and fractions market in Micronesia

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

Release date: Mar 28, 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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Earlier Report Observations

The market for coconut, palm kernel or babassu oil and fractions in Micronesia showed consistent volume from 2018 to 2023, remaining within a narrow range of 4 299 t to 4 394 t. Production was stable at 4 356 t for four consecutive years before a slight increase to 4 394 t in 2022, followed by a minor decrease to 4 379 t in 2023.

Market volume peaked in 2022, reflecting the highest production level of the period. The overall stability indicates balanced domestic supply and consumption, with negligible year‑to‑year fluctuations throughout the six‑year span.

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 Micronesia
  1. 5.1.1. Annual dynamics of production in Micronesia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Micronesia 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 Micronesia in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Micronesia 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 Micronesia in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Micronesia 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 Micronesia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Micronesia 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 Micronesia in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Micronesia 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 Micronesia in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Micronesia 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 Micronesia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Micronesia by countries, 2018-2024, $ US/t
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 Micronesia in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Micronesia 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 Micronesia in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Micronesia 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/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Micronesia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Micronesia by countries, 2018-2024, $ US/t
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 Micronesia in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Micronesia 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 Micronesia in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Micronesia 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/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Micronesia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Micronesia by countries, 2018-2024, $ US/t
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, palm kernel or babassu oil and fractions in Micronesia

In kind, 2017-2020, 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

In Micronesia, production of coconut, palm kernel, or babassu oil and fractions reached 4,356 tonnes in 2020, showing little change from the previous year. Over the 2017-2020 period, production grew by 50.2%, with an average annual growth rate of 14.5%. The highest output was recorded in 2018 at 4,356 tonnes, which also marked the largest annual increase of 50.2%. In contrast, 2019 saw no significant change in production levels.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	50.2%	-	-	14.5%

Source: SHEV.io

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

Exports in kind, kg

In 2018, Micronesia exported 57,425 kilograms of coconut, palm kernel, or babassu oil and fractions, a decrease of 33.9% compared to the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(33.9%)	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Malaysia and Pakistan were the two primary markets for Micronesia's exports in kind, together accounting for 100.0% of total shipments.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Exports of coconut, palm kernel, or babassu oil and fractions from Micronesia totaled 71.0 thousand US dollars in 2018, reflecting a sharp decline of 40.5% year-over-year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(40.5%)	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, Malaysia and Pakistan absorbed 100.0% of the total export value of coconut, palm kernel, or babassu oil and fractions from Micronesia, highlighting a highly concentrated market structure.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coconut, palm kernel or babassu oil and fractions to Micronesia

Imports in kind, kg

In 2019, Micronesia imported 20,237 kilograms of coconut, palm kernel, or babassu oil and fractions, representing a massive increase of 12,548.3% compared to the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	12 548.3%	n/a	-

Source: SHEV.io

Throughout 2017-2020, the Philippines was the dominant and nearly exclusive source for Micronesia's imports in kind of coconut, palm kernel, or babassu oil and fractions, holding a 100.0% share.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Micronesia's imports of coconut, palm kernel, or babassu oil and fractions amounted to 25.7 thousand US dollars in 2019, surging by 2,947.0% from 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	2 947.0%	n/a	-

Source: SHEV.io

From 2017 to 2020, the Philippines accounted for 100.0% of the import value of coconut, palm kernel, or babassu oil and fractions to Micronesia, effectively shaping the geographical structure of these imports.

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

Source: SHEV.io

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

Source: SHEV.io