Market Report

 Market Update:   Inventory levels have reached short term stability but still mid-long-term range uncertainty Coconut yields in major growing regions as well as production capacity continued to stay strong through the first quarter of 2022 and look to continue into Q2-Q3      Shipping is still at the forefront of supply concerns. Transit times from Asia-Pacific to North America remain at 2-3 month transit times as we are now experiencing further disruptions due to war in Ukraine as well as port lockdowns in Shenzhen and Shanghai due to COVID protocol around outbreaks in China. The possibility of US west coast...

This market update breaks down how we are closing out 2021 and how the coconut market is looking heading into 2022: Inventory should begin to stabilize. Coconut yields slowly increased into the latter half of 2021 Shipments are at 2-3 months transit times caused by delays due to weather related events, labour shortages, equipment shortages, port/railyard congestion Coconut production remained high through the rest of 2021 Reliable shipping will continue to be an issue as we approach Chinese New Year and is likely to continue through Q2 2022 Pricing remains high but stable. Some factors to consider for pricing: Slow recovery from...

Coconut yields look to be promising for the rest of the year.  However, logistical issues continue to get worse as overall export demand continues to increase and lack of space/equipment availability, congestion at all ports, rail yards persist.  Even with ample supply at source, suppliers are now having to deal with production slow downs due to inability to move product from origin to market.   Desiccated coconut and oil pricing looks to remain high but stable through the remainder of the year, barring any storms (Typhoon season May-November).    Cost of freight continues to soar and transit times continue to hover around...

After months of dealing with some of the largest DC supply issues experienced in the past two decades, it appears there’s light beginning to shine at the end of the tunnel.  Over the last few weeks, crops have continued to rebound from the devastation they suffered from storms last fall and we expect production capacities in the Philippines will return to pre-typhoon conditions as crop yields improve over the coming months. Ocean freight continues to hold back supply recovery.  Due to the on-going high export demand out of South East Asia, equipment shortages persist.  Vessel space remains limited and congestion...