THE GROWTH VIETNAMESE FRESH YOUNG COCONUT MARKET 2023
The fresh coconut industry, particularly young coconuts, has developed into a high-potential niche market with the popularity of products such as coconut water. We provide an overview of the Vietnamese fresh coconut market landscape, including production, exports, and consumption. Especially the US market.
Currently, Vietnamese young coconut has an important position in the world, with an area of over 188 thousand hectares. Vietnam’s coconut-growing area accounts for 1.67% of the world’s area and 2.07% of Asia’s coconut area. The growth rate of coconut-growing areas in Vietnam is quite high. If in 2010, Vietnam’s coconut area ranked 6th in the world, by 2021, Vietnam’s coconut area will rank 5th in the world.
Ben Tre is still considered the coconut capital of the country. According to a comprehensive report, in 2022, Ben Tre will have a total coconut growing area of more than 78,000 hectares, of which the area of coconuts that are producing fruit is more than 71,400 hectares. In this area, each year Ben Tre supplies about 688 million coconuts to the whole country.
With its nutritional values, fresh coconut is very popular in Western countries. About 389,530 farming households have a source of income from coconuts. Coconuts create export value, and coconut products have reached over 900 million USD. Vietnam’s coconut industry is ranked 4th in total value in the world coconut market.
In 2023, Vietnam Coconut is expected to strive to export coconut and coconut products worth over 1 billion USD.
“Opening the US market for Vietnamese young coconut”
The US market has opened for coconuts to be available in this market. To be present in the US market, Vietnamese coconuts have passed the strict requirements of this market. Accordingly, the United States Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) has classified partially shelled coconuts as processed products.
Therefore, the only phytosanitary requirement for Vietnamese shipments of coconut skullcap will occur only at US ports of entry. This helps significantly reduce order checking time, and Vietnamese coconuts will be on store shelves sooner, ensuring product freshness.
Since February 2023, the US side has sent the results of the pest risk analysis for Vietnamese fresh coconuts. Accordingly, 43 pest species on coconut trees were identified, but none of them is likely to accompany fresh young coconuts exported from Vietnam to the US. This once again confirms the quality of Vietnamese coconuts. Exporting fresh coconuts to the US market opens up expectations for a billion-dollar fruit export.
5. Where to buy reliable wholesale coconuts?
Although today’s coconut prices significantly influence the purchasing decisions of many businesses, etc., finding a reliable supplier is crucial. Therefore, it is essential to find a reputable until to ensure product quality. DAILOCVINA is one of the trusted addresses for supplying coconuts and coconuts products.
DAILOCVINA will look for large coconut farms nationwide with a reliable source of quality products. In addition, our large warehouse system is a plus that helps us preserve products well. As a result, coconuts are delivered to customers in the best condition.
Moreover, DAILOCVINA always adheres to fast delivery times, ensuring no disruption to customers’ business operations. Additionally, the attractive and simple shopping interface allows customers to easily find suitable products.
If you have inquiry, please contact our team sales:
Ms. Doris (English): +84 785 525 348 (WhatsApp/Wechat)
Mr. Ryan (Vietnam): +84 938244404 (Kakaotalk, Wechat, Whatsapp)
Amy (English) :+84 965106010 (WhatsApp/Wechat/Kakao)
Website: https://dailocvina.com/ (English)