Key Market Indicators
Japanese consumption of coconut oil is projected to decrease to 29,000 metric tons by 2026. In 2021, demand stood at 31,000 metric tons—a decrease of 1.3% compared to 2017. Japan ranked 11th in 2021, just behind Sri Lanka at 31,000 metric tons. China, the Philippines, and Vietnam followed at numbers 2, 3, and 4, respectively.
