Import analysis as of October 2024 shows monthly volumes of 18.54M units, down 39.9% from the previous month.

The three-month average import volume (27M units) has increased by 0.9% compared to the previous quarter (26.77M units). Year-over-year comparison shows a 2.5% increase from October 2023 levels (18.09M units).

The overall import trend is decreasing, with volumes ranging from a low of 18.09M units (October 2023) to a peak of 35.76M units (March 2024).

Domestic Consumption for Meal, Copra decreased by 5.4% from 1,987 1000 MT in 2023 to 1,880 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 1.2%.

Feed Waste Dom. Cons. for Meal, Copra decreased by 5.4% from 1,974 1000 MT in 2023 to 1,867 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 1.2%.

Food Use Dom. Cons. for Meal, Copra decreased by 0.0% from 10 1000 MT in 2023 to 10 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 0.0%.

Industrial Dom. Cons. for Meal, Copra decreased by 0.0% from 3 1000 MT in 2023 to 3 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 0.0%.

Domestic Consumption for Oil, Coconut increased by 0.0% from 3,700 1000 MT in 2023 to 3,701 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 2.7%.

Feed Waste Dom. Cons. for Oil, Coconut decreased by 0.0% from 31 1000 MT in 2023 to 31 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 16.2%.

Food Use Dom. Cons. for Oil, Coconut decreased by 0.1% from 1,926 1000 MT in 2023 to 1,924 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 0.5%.

Industrial Dom. Cons. for Oil, Coconut increased by 0.2% from 1,743 1000 MT in 2023 to 1,746 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 6.9%.

Domestic Consumption for Oilseed, Copra decreased by 6.7% from 6,231 1000 MT in 2023 to 5,812 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 3.5%.

Feed Waste Dom. Cons. for Oilseed, Copra decreased by 93.6% from 235 1000 MT in 2023 to 15 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 73.2%.

Food Use Dom. Cons. for Oilseed, Copra decreased by 0.0% from 15 1000 MT in 2023 to 15 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 50.0%.

Search interest analysis as of Dec 22 – 28, 2024 shows a current interest level of 61, up 7.0% from the previous week.

The average search interest over the past year (55.2) has decreased by 0.8% compared to the previous year (55.6). The three-year average interest level is 53.9, while the five-year average stands at 54.9.

Peak search interest was observed during Dec 6 – 12, 2020 with a value of 100, while the lowest interest was recorded during Sep 26 – Oct 2, 2021 with a value of 40.

The overall search interest trend is currently increasing, with declining year-over-year interest.

Regional Interest Analysis:

The highest search interest is observed in Hawaii with a relative interest score of 100.0. This is followed by Michigan (88.0), Arkansas (87.0), Vermont (87.0), and Oregon (85.0).

The average interest across all regions is 75.1.

Among the analyzed regions, 29 show high interest (75-100), 22 show moderate interest (50-74), and 0 show lower interest levels (below 50).