Chinese coconut imports continue to grow rapidly, Thai coconuts remain ahead
Other Fresh Coconut
China
Published Apr 30, 2022
Tridge summary
With the growth of China's beverage market, the market's demand for coconuts has also increased significantly. Coupled with the lack of domestic coconut production, China's coconut imports continue to maintain rapid growth. According to customs data, China will import 872,000 tons of coconuts in 2021, a year-on-year increase of 37.4%. The total value reached 450 million US dollars. In the first quarter of 2022, the increase in coconut imports did not decrease, the import volume reached 228,000 tons, a year-on-year increase of 35.1%, and the value reached 132 million US dollars. At the same time, the average unit price of coconut imports reached 0.58 US dollars / kg, A year-on-year increase of 14.7%. Thailand, as China's largest source of tropical fruits, also maintains a leading position in coconut exports. In 2021, China imported coconuts worth US$284 million from Thailand, an increase of 49.41%, accounting for 62.89% of China's total coconut imports. During the same period, China imported coconuts from Indonesia with a value of 110 million US dollars, an increase of 67.04%, and the market share accounted for 25.84%. Coconuts imported from Thailand and Indonesia accounted for more than 88%, and the rest were imported from Vietnam, the Philippines and Malaysia.
Original content
With the growth of China's beverage market, the market's demand for coconuts has also increased significantly. Coupled with the lack of domestic coconut production, China's coconut imports continue to maintain rapid growth. According to customs data, China will import 872,000 tons of coconuts in 2021, a year-on-year increase of 37.4%. The total value reached 450 million US dollars. In the first quarter of 2022, the increase in coconut imports did not decrease, the import volume reached 228,000 tons, a year-on-year increase of 35.1%, and the value reached 132 million US dollars. At the same time, the average unit price of coconut imports reached 0.58 US dollars / kg, A year-on-year increase of 14.7%. Thailand, as China's largest source of tropical fruits, also maintains its leadership in coconut exports. In 2021, China imported coconuts worth US$284 million from Thailand, an increase of 49.41%, accounting for 62.89% of China's total coconut imports. During the same period, China ...
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