Thailand Desiccated Coconut Market: Import Trend Analysis
Thailand import trend for the desiccated coconut market showed a significant growth rate of 119.7% from 2023 to 2024, contrasting with a compound annual growth rate (CAGR) of -11.48% for 2020-2024. This shift may be attributed to evolving consumer preferences or changes in global supply chains impacting market stability.
Desiccated Coconut Market: Thailand vs Top 5 Major Economies in 2027 (Asia)
The Desiccated Coconut market in Thailand is projected to grow at a high growth rate of 14.98% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
Thailand Desiccated Coconut Market Synopsis
According to the Thailand Department of Internal Trade, exports of desiccated coconut from Thailand reached $89.6 million in 2018. The Philippines was the largest importer of Thai desiccated coconut with imports valued at $32.7 million, followed by Japan ($15.10 million) and China ($11.7 million). India was the fourth-largest importer with imports worth US$8.2 million in 2018 while Vietnam ranked fifth with purchases worth US$4.2 million during that year (2025 figures not yet available).
Drivers of the Market
The Thailand desiccated coconut market is driven by the versatile use of desiccated coconut in various culinary applications, bakery products, and confectionery items, aligning with evolving consumer preferences.
Challenges of the Market
For the desiccated coconut market, fluctuations in coconut supply due to weather conditions and labor shortages can impact production and availability. Ensuring a steady and reliable supply chain is crucial.
Trends & Oppourtunites of the Market
In Thai cuisine and beyond, desiccated coconut is a versatile ingredient. Entrepreneurs can establish sourcing and processing facilities to supply high-quality desiccated coconut to both domestic and international markets.
COVID-19 Impact on the Market
The pandemic`s disruptions in transportation and labor had implications for the desiccated coconut market. Challenges in sourcing coconuts and processing them into desiccated coconut impacted the supply of this ingredient in various food products.
Key Players in the Market
The Thailand desiccated coconut market involves entities like Thai Foods Product International Co., Ltd., and Theppadungporn Coconut Co., Ltd., contributing to the production and supply of desiccated coconut used in various culinary applications.
Key Highlights of the Report:
- Thailand Desiccated Coconut Market Outlook
- Market Size of Thailand Desiccated Coconut Market, 2025
- Forecast of Thailand Desiccated Coconut Market, 2032
- Historical Data and Forecast of Thailand Desiccated Coconut Revenues & Volume for the Period 2022-2032F
- Thailand Desiccated Coconut Market Trend Evolution
- Thailand Desiccated Coconut Market Drivers and Challenges
- Thailand Desiccated Coconut Price Trends
- Thailand Desiccated Coconut Porter's Five Forces
- Thailand Desiccated Coconut Industry Life Cycle
- Historical Data and Forecast of Thailand Desiccated Coconut Market Revenues & Volume By Cut Type for the Period 2022-2032F
- Historical Data and Forecast of Thailand Desiccated Coconut Market Revenues & Volume By Regular cut for the Period 2022-2032F
- Historical Data and Forecast of Thailand Desiccated Coconut Market Revenues & Volume By Fancy cut for the Period 2022-2032F
- Historical Data and Forecast of Thailand Desiccated Coconut Market Revenues & Volume By Fat Content for the Period 2022-2032F
- Historical Data and Forecast of Thailand Desiccated Coconut Market Revenues & Volume By High fat content for the Period 2022-2032F
- Historical Data and Forecast of Thailand Desiccated Coconut Market Revenues & Volume By Low fat content for the Period 2022-2032F
- Historical Data and Forecast of Thailand Desiccated Coconut Market Revenues & Volume By Distribution Channel for the Period 2022-2032F
- Historical Data and Forecast of Thailand Desiccated Coconut Market Revenues & Volume By Supermarket for the Period 2022-2032F
- Historical Data and Forecast of Thailand Desiccated Coconut Market Revenues & Volume By Specialty stores for the Period 2022-2032F
- Historical Data and Forecast of Thailand Desiccated Coconut Market Revenues & Volume By Online sales for the Period 2022-2032F
- Historical Data and Forecast of Thailand Desiccated Coconut Market Revenues & Volume By Retail stores for the Period 2022-2032F
- Thailand Desiccated Coconut Import Export Trade Statistics
- Market Opportunity Assessment By Cut Type
- Market Opportunity Assessment By Fat Content
- Market Opportunity Assessment By Distribution Channel
- Thailand Desiccated Coconut Top Companies Market Share
- Thailand Desiccated Coconut Competitive Benchmarking By Technical and Operational Parameters
- Thailand Desiccated Coconut Company Profiles
- Thailand Desiccated Coconut Key Strategic Recommendations
