Key Market Indicators
Vietnamese demand for coconut oil is expected to reach 109.29 thousand metric tons by 2026. This is up from 109 thousand metric tons in 2021, showing a 0% year-on-year growth on average. Since 2017, Vietnamese demand has increased by 0.6% annually. In 2021, Vietnam ranked fourth in the global ranking for coconut oil consumption, with the Philippines leading the way at 109 thousand metric tons. China, the Philippines and Vietnam occupied the second, third and fourth positions, respectively.
