United Kingdom (UK): Coconut oil imports from non-EU countries 2009-2019

In 2019 the volume of coconut oil imported from countries outside of the European Union into the United Kingdom reached 6.6 thousand metric tons. Compared to the previous year this constituted an increase of roughly 700 tons. For most of the past decade imports fluctuated somewhat but came back to similar levels as seen in 2019.

Coconut oil trade

When EU arrivals are taken into consideration imports jump to slightly more than 27 thousand tons. At first this seems somewhat surprising, however, countries in the EU such as Germany produce coconut oil themselves, although the coconuts are provided via import. Germany’s production also comes to roughly 27 thousand tons.
The coconut tree was originally from the Pacific islands and south India. Arabs, Austronesians and Europeans introduced Indian and Pacific Coconut trees to large parts of the world. The palm trees on which the coconuts grow could originally not be found in any parts of the Caribbean, Africa or in any parts of South America.

World market

Worldwide coconut oil production amounted to over 3.5 million metric tons in 2019/20 and is slightly down from the prior 12 months. Worldwide prices were highest in April of 2017 and have fallen since then bottoming out in June of 2019. At the end of 2019 prices had risen again and in January of 2020 a metric ton of coconut oil was worth 992.66 dollars.

Volume of coconut oil imported from non-EU countries into the United Kingdom (UK) from 2009 to 2019

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Source

Release date

May 2020

Region

United Kingdom

Survey time period

2009 to 2019

Special properties

Commodity codes HS 151311 and 151319.

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