3,000+
Viewed by
4.3
Ratings
15+
Countries Tracked
15
Suppliers Covered
11
Clients Served
5%
Savings Generated
Category Intelligence on Coconut & Derivatives covers the following
Coconut milk and cream products have also experienced rapid growth in demand. This has been driven by new ‘alternative dairy food and beverage products' to cater for the increasing awareness of lactose intolerance and other health issues. Most of the copra is processed to produce coconut oil in the producing country itself.
Large producing countries of Philippines and India actively pursue trade and market confidence internationally for their products.Price of CNO decreased in Philippines, Indonesia and Sri Lanka. The price of DC decreased in Philippines, Indonesia and Sri Lanka.
Figures from Sri Lanka's Coconut Development Authority show the country's export of desiccated coconut was sharply down in January this year. Total stood at 928 MT, a sharp drop by 68.4% from January last year at 2,941 MT. There were 29 destinations recorded during the month thereof 14 had purchases of at least 100 MT and jointly accounted for 91.3%.
Combined production of lauric oils which is expected to increase by 0.4MMT, together with large carry over stocks may allow an above average increase in global consumption by ~0.6MMT in 2018/19.
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