Key Market Indicators
Consumption of coconut oil in Armenia is set to reach 1,040 metric tons by 2026, growing at a rate of 0.6% per year. In 2021, the country consumed 1,000 metric tons. This figure has remained unchanged since 2017. Armenia currently ranks 38th in terms of coconut oil consumption, with the Solomon Islands in the lead at 1,000 metric tons. China, the Philippines and Vietnam are the leading countries in this ranking, with 2,000, 1,500 and 1,400 metric tons, respectively.
