00:00What is coconut export all about? The global coconut export market is steadily expanding.
00:05In 2024, it reached approximately 1.2 billion U.S. dollars, growing at a compound annual growth rate
00:12of 4.5%. This surge is fueled by increasing demand for health-conscious products.
00:18What are the types of commercial coconut products? Key commercial products include
00:23virgin coconut oil, a premium product valued for purity and health benefits,
00:27coconut water, sold in bulk and ready-to-drink formats, desiccated coconut, a staple in baking
00:33and confectionery, coconut milk and cream, essential in culinary applications,
00:38choir and byproducts, used in industry and agriculture. Struggling to expand your business
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01:05Which coconut products are the most expensive and cheapest? Virgin coconut oil is the priciest,
01:12often exceeding 15 U.S. dollars per liter due to its premium status. Meanwhile, bulk desiccated
01:18coconut and choir products are among the cheapest, trading for under 2 U.S. dollars per kilogram.
01:23Where are the highest and lowest prices for coconut products found? Developed markets like Japan and
01:30parts of the EU see prices 20 to 25% above the global average, while emerging markets in South Asia
01:37and Africa offer prices 15 to 20% lower. Who are the top producers and consumers of coconut products?
01:45Indonesia leads global coconut production at 35%, followed by the Philippines at 25% and India at 15%.
01:53While these countries consume most of their yield, non-producing nations like the USA and select EU nations are
02:00rapidly increasing imports by 10 to 12% annually. Which countries export the most coconut products?
02:07Indonesia exports over 500,000 tons annually. The Philippines follows with 350 million U.S.
02:14dollars in exports, while Vietnam contributes 12 to 15% of global exports.
02:20When is the best season for buying and selling coconut products?
02:23In the Philippines, peak harvest from August to November drops prices by 15 to 20%,
02:29while off-season months see a 10 to 15% price increase.
02:33What are the customs tariffs on coconut exports? Tariffs range from 5 to 20%, but trade agreements
02:40can cut them by up to 50%, boosting export competitiveness. What are the shipping conditions
02:45for coconut products? Over 90% of shipments use standard ISO containers, with perishables stored
02:51at 10 to 25 degrees Celsius. How much does it cost to ship coconut products? Shipping costs 10 to 15%
02:59of export value, with a container load costing $1,000 to $1,500. What can we conclude about coconut
03:07exports? With diverse product demand, seasonal pricing, and leading exporters like Indonesia
03:12and the Philippines, coconut trade remains a thriving global market.
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