Key Market Indicators
Sri Lanka's coconut oil consumption is expected to hit 40.6 thousand metric tons by 2026. This is an increase of 2.9% year on year on average, since 2017. In 2021, Sri Lanka was the 10th biggest consumer of coconut oil, at 34 thousand metric tons. Malaysia was the biggest with 34 thousand metric tons. China, the Philippines and Vietnam were the next three biggest consumers.
