Coconut Products Market Trends

Desiccated Coconut – UK Market Trends

The UK is the largest market for desiccated coconut in the EU. Since it does not produce desiccated coconut for itself, the country is completely dependent on imports. Within the food industry, the confectionery & bakery industry is one of the major users, organizing the imports themselves or making use of specialized importers of dried fruits. To access this market, exporters should consider organic or fair trade certification & sustainability trends. Sri exporters with quality products can explore this market for new opportunities.

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Dried Fruit & Vegetables - Promising EU Markets

Since EU production covers only a small part of its dried fruits & vegetables market, developing countries have great opportunities to enter into this market. The most promising EU markets can be found in Western EU. Developing countries account for a large share in EU desiccated coconut imports as the product is not produced there. Sri Lankan exporters too can explore this market for new opportunities.

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Germany – premium coconut oil market

Germany is the largest EU consumer of coconut oil, followed by the Netherlands. In 2009, German consumption amounted to 261 thousand tones. As Germany does not produce crude coconut oil, the country is totally dependent on imports. In 2009, Germany was the second largest importer of coconut oil in the EU. As one of the most developed markets for premium vegetable oils, the German market might provide interesting opportunities especially to exporters of developing countries.

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Italy- Important importer of coconut oil

Italy is one of the most important markets for coconut oil in the European Union. In 2009, the country was the third largest market together with Belgium and directly after Germany and the Netherlands. Apparent consumption of coconut oil in Italy amounted to 58 thousand tones in 2009, showing a fluctuating trend since 2005. The Italian cosmetics industry already uses organic coconut oil in some products, the product is expected gradually to be accepted by the food market as well – especially in health products.

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Desiccated Coconut – Netherlands Market Trends

Since the Netherlands does not produce desiccated coconut, it is completely dependent on imports for its domestic market. It is a major trading point for desiccated coconut in the EU as bulk of its imports are re-exported to other EU countries. Also it is the largest EU importer of desiccated coconut from developing countries. Sri Lankan exporters with quality products can explore this market for opportunities with competitive prices.

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Desiccated Coconut – German Trends

Germany is the second largest market for desiccated coconut in EU. Around one third of the German imports were re-exported to other countries in the region. The bulk of the imports are from developing countries and the most important trade channel for exporters is specialized importers of dried fruits and agents. German opportunities can be found in niche markets, including organic and fair trade. Germany is by the far the largest market for organic products in the EU. Sri Lankan exporters with quality products can explore this market for new opportunities.

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Coconut Oil - Promising EU Markets

The EU market for coconut oil has grown in importance in recent years.The Netherlands, by far the largest importer in the EU, is an important point of entry for suppliers of coconut oil and also represents a major market for this product. Germany, being the largest consumer and a significant importer of coconut oil in the EU, remains a highly interesting country for Sri Lankan suppliers to target. Other countries of interest could be Italy, Spain, Sweden, Belgium and the UK. These markets could be worth exploring for Sri Lankan coconut oil exporters and potential exporters.

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