Key Market Indicators
Korean coconut oil consumption is predicted to reach 50 thousand metric tons by 2026. In 2021, it was 52 thousand metric tons, a slight decrease of 0.8% compared to the average year-on-year rate since 2017. The US overtook Korea on the ranking in 2021, with 52 thousand metric tons. China, the Philippines and Vietnam took the second, third and fourth places respectively.
