Market research

Coconut, palm kernel or babassu oil and fractions market in Saint Lucia

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

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 volume for coconut, palm kernel or babassu oil and fractions in Saint Lucia showed considerable variation from 2018 to 2023. After starting at 410 t in 2018, the market contracted to 327 t in 2020, then expanded strongly to reach 468 t in 2022, before easing to 440 t in the following year.

This period was marked by a sharp 17% decline in market volume during 2020. A recovery phase ensued, with the market growing by 15% in 2021 and a further 24% in 2022, surpassing its pre-2020 size. The market settled at 440 t in 2023, representing a net increase of 7% over 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 Saint Lucia
  1. 5.1.1. Annual dynamics of production in Saint Lucia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Saint Lucia 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. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Saint Lucia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Saint Lucia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Saint Lucia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Saint Lucia by countries, 2018-2024, K $ 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 Saint Lucia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Saint Lucia 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, t
    1. 6.2.2.1. Annual dynamics of product's exports from Saint Lucia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Saint Lucia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Saint Lucia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Saint Lucia by countries, 2018-2024, K $ 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 Saint Lucia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Saint Lucia 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, t
    1. 7.1.2.1. Annual dynamics of product's imports to Saint Lucia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Saint Lucia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Saint Lucia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Saint Lucia by countries, 2018-2024, K $ 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 Saint Lucia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Saint Lucia 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, t
    1. 7.2.2.1. Annual dynamics of product's imports to Saint Lucia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Saint Lucia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Saint Lucia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Saint Lucia by countries, 2018-2024, K $ 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 Saint Lucia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Saint Lucia by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ 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 Saint Lucia

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

After two consecutive years of growth, Saint Lucia's production of coconut, palm kernel, or babassu oil and fractions experienced a decline. In 2020, production dropped sharply to 156.5 t, marking a significant 39.8% decrease compared to the previous year. Over the period from 2017 to 2020, overall production increased by 9.1%, with an average annual growth rate of 2.9%. The peak production was recorded in 2019 at 259.7 t, while the largest year-on-year increase occurred in 2018, reaching 53.5%.

Annual dynamics of production in Saint Lucia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	53.5%	18.0%	(39.8%)	2.9%

Source: SHEV.io

Exports coconut, palm kernel or babassu oil and fractions from Saint Lucia

Exports in kind, t

Export volumes showed notable fluctuations during this period. The lowest exports were recorded in 2017, while the highest occurred in 2019, with a 12-fold difference between these two years. In 2020, Saint Lucia exported 7.6 t of coconut, palm kernel, or babassu oil and fractions, representing a sharp 49.9% decline from the previous year. The maximum export volume was 15.3 t in 2019, which also saw the largest increase of 444.6%.

Annual dynamics of product's exports from Saint Lucia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	120.4%	444.6%	(49.9%)	81.8%

Source: SHEV.io

From 2017 to 2020, Dominica was the primary destination for Saint Lucia's exports of coconut, palm kernel, or babassu oil and fractions, accounting for 72.9% of total export volumes. The remaining exports were distributed among various smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Export values exhibited irregular changes, reflecting a volatile market environment. The lowest value was recorded in 2017, while the peak occurred in 2019, with a 5.2-fold difference between these years. In 2020, Saint Lucia exported 16.0 K $ US of coconut, palm kernel, or babassu oil and fractions, indicating an abrupt 25.1% decrease compared to 2019. The maximum export value was 21.4 K $ US in 2019, and the largest increase of 177.6% was recorded in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	177.6%	87.2%	(25.1%)	57.3%

Source: SHEV.io

During the 2017–2020 period, Dominica dominated Saint Lucia's exports of coconut, palm kernel, or babassu oil and fractions in value terms, representing 74.8% of total export revenues. Other countries accounted for the remaining share.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coconut, palm kernel or babassu oil and fractions to Saint Lucia

Imports in kind, t

In 2020, Saint Lucia imported 178.4 t of coconut, palm kernel, or babassu oil and fractions, showing a strong 19.1% increase year-over-year. Over the 2017–2020 period, imports decreased by 5.2%, equivalent to an annualized decline of 1.8%. The minimum import volume was 149.8 t in 2019, while the maximum was 192.7 t in 2018. The largest decline of 22.3% occurred in 2019.

Annual dynamics of product's imports to Saint Lucia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.4%	(22.3%)	19.1%	(1.8%)

Source: SHEV.io

From 2017 to 2020, Trinidad and Tobago effectively monopolized Saint Lucia's imports of coconut, palm kernel, or babassu oil and fractions in volume terms, accounting for 99.4% of total imports.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2020, Saint Lucia imported 646.3 K $ US of coconut, palm kernel, or babassu oil and fractions, indicating a solid 12.0% increase year-over-year. The minimum import value was 576.9 K $ US in 2019, while the maximum was 696.1 K $ US in 2018. The largest decline of 17.1% was recorded in 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.5%	(17.1%)	12.0%	0.6%

Source: SHEV.io

Over the 2017–2020 period, Trinidad and Tobago was the key and nearly exclusive source for Saint Lucia's imports of coconut, palm kernel, or babassu oil and fractions in value terms, accounting for 99.2% of total import expenditures.

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

Source: SHEV.io

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

Source: SHEV.io