Total revenue from coconut exports from the Philippines is expected to increase by 15% in 2026, according to a Business Enquirer report citing United Coconut Association of the Philippines (UCAP) data.
Against a backdrop of fluctuating prices, revenue from coconut exports is projected to rise from its 2025 estimate of US$2.6bn to US$3bn in 2026 due to an expected increase in production and steady demand, the 25 September report said.
According to UCAP, this year’s export revenues are expected to stabilise, with price volatility offsetting a recovery in output.
“We might achieve the same sales revenue with more volume, but the price per [kilogram] is likely to be a little bit lower,” UCAP vice chair Dean Lao Jr was quoted as saying at a press briefing during the World Coconut Congress 2025 held 24-26 September in Manila.
A market price correction was likely to happen once prices peaked, he added.
Coconut prices have hit new record highs at least three times this year, according to the report.
“I think the price will go down a little bit, but the supply will make up for it. I think we can at least maintain (earnings from coconut exports),” UCAP chair Marco Reyes said in the same briefing.
Reyes said coconut production could recover by the fourth quarter of this year and into next year, following the El Niño-caused drought that had significantly affected domestic output.
According to Philippine Statistics Authority data, coconut exports totalled US$2.66bn in 2024, up 71.7% from US$1.55bn the previous year.
Coconut oil accounted for more than two-thirds, or US$2.2bn, of the total.
