Coconut update
Posted on 19.02.2025
Coconut update
The coconut market in 2024 experienced significant price increases due to shortages in both producing and consuming countries, with no signs of improvement expected in 2025.
Key challenges and concerns:
· Weather Impact: Poor harvests in key edible oil-producing countries are driving coconut prices higher.
· Indonesia’s B40 Policy: Rising palm oil demand limits coconut production due to land constraints.
· Philippines Typhoons: Severe damage is causing ongoing production delays.
· Sri Lanka’s Instability: Economic vulnerabilities add market uncertainty.
· Global Supply Issues: Low stocks and logistical delays will keep coconut availability critical in 2025.