Introduction – Canada’s Coconut Market in Statistical Focus
Coconuts and their byproducts have become a staple in the Canadian market. But here’s an interesting twist — Canada doesn’t grow coconuts. Surprised? It’s true. Due to its cold climate, Canada relies entirely on imports to satisfy its growing demand for coconut-based products.
In 2023 alone, Canada imported over 9,300 metric tons of coconuts, an increase of 4.8% from the previous year. That’s not all — the country also brought in 24,000 tons of refined coconut oil in 2024, valued at $64 million. These numbers highlight a booming demand, especially as more Canadians embrace plant-based, dairy-free, and health-conscious lifestyles.
So, how do businesses ensure they’re sourcing from the best? With a market this dynamic, relying on verified supplier performance data, like the insights available on platforms like Freshdi, has become essential for strategic sourcing.
Deep Dive – Key Production, Export Statistics & Market Signals
Let’s break things down.
Canada’s Import Reliance
- No Domestic Production: Canada doesn’t grow coconuts. Every single one comes from abroad.
- 2023 Import Volume: 9,300 metric tons of coconuts, up from the previous year.
- Top Import Sources:
- Costa Rica: 2,400 tons
- Thailand: 2,200 tons
- Sri Lanka: 1,000 tons
Coconut Oil Boom
- Refined Coconut Oil Imports (2024): 24,000 tons, valued at $64 million.
- Top Supplier: Philippines — $35.2 million worth.
Canada as an Exporter
- Fresh/Dried Coconuts: 1.5 million kg exported in 2023, worth $3.58 million.
- Coconut Oil (Crude + Refined): Over 5.5 million kg exported, totaling $30.58 million.
- Main Export Partner: United States.
Market Demand Reflected on Freshdi
Freshdi’s RFQ (Request for Quotation) data shows rising monthly queries for:
– Coconut milk
– Refined coconut oil
– Coconut water
– Coconut shell charcoal
This aligns with the surge in imports and export activity, making it a reliable reflection of real-time market demand.
Top 7 Verified Coconut Suppliers in Canada – Proven Export Performers
These suppliers are vetted based on export performance, certifications, product variety, and positive buyer feedback on Freshdi.
1. Ventures
- Specialty: Sweetened Condensed Coconut Milk
- Strength: High-volume exporter with HACCP and ISO certifications
- Why Choose: Ideal for beverage manufacturers and dessert producers
2. BMD Materials
- Specialty: Coconut Shell Charcoal
- Strength: Supplies to industrial and BBQ sectors
- Why Choose: Consistent supply and eco-friendly production
3. AAZURI TRADING LTD
- Specialty: Fresh Mature Semi-Husked Coconuts
- Strength: Strong sourcing network in Southeast Asia
- Why Choose: Excellent for retail chains and bulk buyers
4. Rene Sadi
- Specialty: Fresh Young Coconuts
- Strength: Premium quality with quick turnaround
- Why Choose: Perfect for hospitality and juice bar segments
5. Tropical Link Canada Ltd.
- Specialty: Organic Coconut Sugar
- Strength: Canadian-based with global sourcing
- Why Choose: Ideal for health-conscious food brands
6. AgroTrade Maple (Dynamic Listing)
- Specialty: 100% Pure Coconut Water
- Strength: Cold-chain logistics and high purity
- Why Choose: Trusted by beverage manufacturers in Canada
7. NutraCoco Inc. (Dynamic Listing)
- Specialty: Virgin Organic Coconut Oil
- Strength: Certified USDA Organic, Non-GMO
- Why Choose: Preferred in wellness and skincare industries
Dynamic Ranking Note: Platforms like Freshdi update supplier rankings monthly or quarterly based on RFQ performance, buyer reviews, and transaction volume. Be sure to check out the “Suppliers of the Month” feature for the latest leaders in the coconut trade.
Market Navigation – Statistical Trends, Value Dynamics & Export Dynamics
Export Trends and Growth
In 2023, Canada’s coconut exports surged by 53%, reaching 42 tons. The U.S., Taiwan, and France were major recipients. Despite a 4.9% drop compared to 2021, the trend is upward.
Demand Data Speaks Volumes
The coconut water segment in Canada is exploding — expected to hit $299.6 million by 2030 with an 18.2% CAGR. Coconut oil and milk are also climbing steadily, driven by health and vegan lifestyle trends.
Price Volatility and Seasonal Factors
- February 2025: Average import price dropped to $1,179/ton (down 8.7% MoM).
- Coconut Oil: Prices near $2,000/MT due to global supply stress.
- Seasonal Disruptions: El Niño and typhoons in Southeast Asia caused supply chain hiccups and delays.
Forecasting the Future
- Steady Export Growth: From 2024–2028, Canada is expected to boost coconut exports, especially value-added products.
- Global Market: Projected to reach $22.2 billion by 2032, growing at 7.05% CAGR.
- Diversified Demand: From personal care to foodservice, coconut applications are expanding.
Recent News Highlights
- Factory Shutdowns: Desiccated coconut producers in Asia ceased operations, reducing global supply.
- Shipping Delays: Transit times are averaging 40–60 days, especially post-Chinese New Year.
- Price Spikes: Due to depleted inventories, prices remain high with limited relief expected in 2025.
Conclusion – Leveraging Data for Strategic Sourcing
Canada’s coconut market is thriving — even without any domestic production. The nation’s strategic position as both a high-demand importer and niche exporter makes it a vital node in the global coconut trade web.
Businesses looking to source coconuts or coconut products in Canada should focus on:
– Verified Supplier Performance: Export records, certifications, and buyer reviews.
– Price Trends: Use historical data to time bulk purchases.
– Market Signals: Track RFQs and search volume on platforms like Freshdi to anticipate demand.
✅ Coconut Buyer’s Checklist for Canada (2025)
- [ ] Check supplier Freshdi ratings and export records
- [ ] Compare monthly RFQ trends to demand forecasts
- [ ] Monitor seasonal price fluctuations
- [ ] Prioritize suppliers with HACCP, ISO, or USDA Organic certifications
- [ ] Consider shipping timelines (40–60 days) in procurement planning
🔮 Future Outlook
With rising consumer demand, increased plant-based product adoption, and a shift toward sustainable sourcing, Canada’s coconut market is poised for sustained growth. But buyers must stay agile — weather events, global supply disruptions, and shipping volatility will continue to shape sourcing strategies in 2025 and beyond.
That’s where Freshdi becomes indispensable — offering real-time market intelligence, supplier verification, and trade data to help you make informed buying decisions.
FAQs
1. Does Canada grow any coconuts domestically?
Nope! Canada’s cold climate makes coconut cultivation impossible. All coconuts are imported.
2. Why are coconut prices fluctuating so much in 2025?
Global supply shortages due to El Niño, typhoons, and factory shutdowns in Asia are limiting supply and driving up prices.
3. What’s the best time of year to buy coconuts in bulk in Canada?
Late Q2 and early Q3 typically offer better pricing, just after Southeast Asia’s harvest and before hurricane season.
4. How can I vet coconut suppliers in Canada?
Use platforms like Freshdi to verify supplier certifications, export history, and buyer reviews.
5. Which coconut products are trending in Canada right now?
Coconut water, virgin coconut oil, and organic coconut sugar are hot sellers — especially in the health and wellness niche.
References
- IndexBox – Coconut Price Canada
- IndexBox – Coconut Oil Imports
- WITS – Coconut Exports
- WITS – Crude Coconut Oil Exports
- WITS – Refined Coconut Oil Exports
- BonaFide Research – Canada Coconut Market
- BonaFide Research – Coconut Beverages
- Commodity Board – Global Supply Outlook
- Klassic Coconut – Market Report
- Maximize Market Research – Global Coconut Market
Explore more verified coconut suppliers and stay ahead of market trends at Freshdi — your all-in-one B2B sourcing companion.
