sri lanka coconut oil processing plant lima

                                               
                                               
                                               
                                               
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  • What are the processed coconut products supplied by Sri Lanka?
  • The processed coconut products supplied from Sri Lanka mainly include desiccated coconut, coconut oil and virgin coconut oil, liquid coconut milk, coconut cream, coconut milk powder, coconut flour and coconut water. Sri Lanka caters to 1.33% of the global demand for coconut oil at an export value of USD 62.7 Million.
  • Does Sri Lanka export Coconut products?
  • In 2020, Sri Lanka’s total export earnings from coconut products were USD 664.58 Million whereas it had been USD 613.84 million in 2019. In fact, over the past decade, Sri Lanka’s export performance (in value) had steadily been on the rise, which partly explains the growing demand for coconut-based products exported from Sri Lanka.
  • Why are Sri Lankan coconut oil manufacturers introducing virgin coconut oil?
  • With the increasing global demand for VCO, Sri Lankan coconut oil manufacturers have adopted the production of Virgin Coconut Oil for the global market to meet the growing demand. The global desiccated coconut market revenue stood at USD 4602 million in 2019 and is projected to be USD 6304 million in 2025, with a CAGR of 5.38% during 2021-2025.
  • What is the demand for desiccated coconuts from Sri Lanka?
  • As a result, there’s a high demand for desiccated coconut exports from Sri Lanka. The global coconut water market size was valued at USD 4.27 billion in 2019 and is projected to expand at a compound annual growth rate (CAGR) of 16.1% from 2020 to 2027.