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Aug-13-23
Buyer From Canada
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Discuss sourcing & trends in Copra import export community

Coconut Copra: A Profitable Trade Commodity for Exporters & B2B Traders

The dried kernel of coconut, which is commonly used to produce coconut oil is called copra. In order to produce copra, the husk of a mature coconut is removed, extracting the white flesh present inside. The process also involves drying the coconut kernel through methods like sun drying or kiln drying. It is a very important trade commodity, especially in those regions where coconut oil production is significant like India, the Philippines, and Indonesia, The increasing demand for coconut-based products, along with rising health awareness has contributed to the growth of the global copra market. Suppliers looking to expand worldwide should understand the evolving needs of coconut copra buyers, and track trends in global demands as well as sourcing preferences. 



Why is Copra Import-Export Gaining Momentum Globally?

There are many reasons why we see an upward growth trajectory for copra import and export. Let's explore what they are:

  • Demand for Coconut Oil: We all know that coconut oil is an important commodity used across the food, cosmetics, and industrial sectors. Its health benefits and versatile applications make it one of the most widely consumed products. As discussed earlier, copra is a key raw material used to produce coconut oil. 

  • Expanding Food Sector: In recent years the use of coconut-based products has increased in the food and beverage industries. Health-conscious consumers are now becoming interested in plant-based, vegan diets made from natural oils like coconut oil. 

  • Cosmetics & Personal Care: Coconut oil and its derivatives have seemingly become popular in the cosmetics and personal care industries because of their moisturizing and nourishing properties. Moreover, sustainable beauty trends are further contributing to the copra market expansion. 

These are some of the key factors driving growth in the copra market. Apart from these, it is interesting to note that there have been some innovations in copra processing techniques. These advancements help enhance oil extraction efficiency and quality while reducing waste and increasing profitability for businesses in the copra industry. 



What Types of Copra are Buyers Looking For in the Market?

Before we look at the types of coconut copra buyers want, let’s first understand why these buyers actually need this commodity. These coconut copra importers come from diverse sectors and typically seek high oil content copra for extracting virgin or refined coconut oil, dry copra for use in processed food products, and raw materials for the production of biofuels, candles, soaps, and other cosmetic products. Besides, many dry coconut copra buyers prefer bulk quantities that are sorted by size, moisture content, and country of origin. 


The two major types of copra that buyers often look for include milling copra and edible copra. Having an understanding of the differences between these copra varieties will help you cater to specific market demands. Here are the key differences between the two.

FeatureMilling CopraEdible Copra
Production MethodDried coconut meat after removing it from the shellDried whole coconut kerne
Primary UseCoconut oil extraction via mechanical or solvent methodsDirect consumption and culinary uses
Oil ContentHigh oil contentLower oil content compared to milling copra
Moisture ContentLow moisture contentExcess moisture removed by drying, retaining flavor and texture


In addition, exporters or suppliers should know that multi-product offering helps attract a wider buyer base. Today, coconut copra importers or buyers often seek consolidated procurement of coconut by-products from a single supplier. Therefore, you can grow your export business by including the following coconut-related products in your portfolio.




Global Market Trends: Key Insights for Copra Suppliers

Copra suppliers and exporters must stay informed about global market trends and key industry insights to remain competitive and capture emerging opportunities.


Global Market Size:

MetricValue
Market Size (2023)USD 6.45 billion
Expected Market Size (2031)USD 20.59 Billion
CAGR (2024-2031)2.70%

Source: Verified Market Research



Top Importing Countries (2023)

RankCountryImport Value (1000 USD)Quantity (Kg)
1Philippines15,899.7114,669,500
2Pakistan15,118.7413,314,200
3India5,664.446,867,880
4United Arab Emirates2,992.272,672,180
5Malaysia755.931,332,280

Source: World Integrated Trade Solutions (WITS)



Global Export/ Import Price Trends for Copra (Over past 3 years)

YearLow Price (USD/kg)High Price (USD/kg)
2024$0.24$2.69
2023$0.35$5.61
2022$0.32$4.46

Source: Tridge


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How to Find Verified Coconut Copra Buyers?


Finding copra buyers shouldn’t be a hassle. That’s why we have shared some of the most reliable ways to find them.


  • You can use online trade directories that provide lists of copra importers. All you have to do is filter them by country and certification to find serious buyers.

  • Reach out to coconut development boards or copra exporters associations in your country or target market. They often provide buyer databases.

  • Promote your product offerings on social media platforms like Linkedin. Or join relevant Facebook groups and post regularly to engage with interested buyers.

  • Look for events such as agriculture expos, food ingredient trade shows, or coconut-specific fairs like World Coconut Congress (WCC), National Coconut Week & Expo (Philippines), Copra & Coconut Products Expo (part of AgriTech expos), etc. 

  • Sign up on B2B websites like go4WorldBusiness to connect with verified global buyers instantly. Click here to directly access the copra buyer list.



Frequently Asked Questions (FAQs):


1.Why are Copra's products shipped frozen?

Copra products (like coconut oil or milk) may be frozen while shipping in order to preserve freshness, maintain quality, and prevent spoilage, especially in warm climates.


2. How to find genuine & reliable coconut copra buyers globally?

There are many ways to find genuine and reliable coconut copra buyers. Some of the most effective ways include

  • Using trusted B2B platforms 
  • Attending trade fairs
  • Contacting export councils
  • Using government and industry resources
  • Promoting on social media


3. Which countries are the largest importer of Coconut Copra worldwide?

Philippines, Pakistan, and India are the largest importer countries of coconut copra worldwide (as per 2023 reports).


4. What is the HSN code for copra?

  1203 is the copra HSN code


5. What is the import performance of copra?

Global copra imports have been growing because of rising demand for copra derivatives like coconut oil and by-products in the food, cosmetics, and biofuel industries. 


6. How many coconuts are in 1 kg of copra per day?

 Roughly speaking, 6 to 8 medium-sized coconuts are needed to produce 1 kg of copra, depending on variety and moisture content.


7. What is the price of copra per kg?

 Copra prices vary by region and quality. However, the coconut copra price per kg usually ranges from $0.80 to $1.50 in the global market. 


8. What is the difference between coconut and copra?

 Coconut is the whole fruit. On the other hand, copra is the dried inner meat of the coconut, used for extracting coconut oil.


Click here to know more about copra related Q&A.