In recent months, the global coconut industry – especially in major producing countries such as Vietnam, Thailand, the Philippines, Indonesia, and Sri Lanka – has faced unprecedented fluctuations in raw material prices. In Vietnam, farm-gate prices have surged to 140,000 – 200,000 VND per dozen coconuts, doubling or even tripling compared to the same period in 2024, when prices ranged between 60,000 – 80,000 VND. This situation not only impacts the domestic market but also places significant pressure on international supply chains.
Climate and environmental changes as key drivers
Increasingly extreme weather patterns – including prolonged droughts from El Niño and heavy rainfall from La Niña – have severely affected coconut yields in many regions. In parallel, outbreaks of coconut pests such as rhinoceros beetles and black-headed caterpillars have drastically reduced production volumes. This trend is not unique to Vietnam; many coconut-producing regions across Asia are experiencing similar yield drops. As a result, coconut prices in countries like the Philippines, Thailand, and Sri Lanka have increased by 50% to 100% year-over-year.
As raw material supplies dwindle, operational costs across the supply chain have also surged. Logistics, post-harvest processing, and sorting expenses have risen sharply, placing significant strain on the entire value chain – from producers and exporters to global FMCG companies.
Luong Quoi Coconut's commitment to supply chain stability and transparency
At Luong Quoi Coconut Co., Ltd., we fully understand that stable pricing and supply are critical factors in the production and distribution plans of our international partners. That is why we have continuously worked to optimize costs, proactively manage production, and support our certified organic coconut farming communities in Ben Tre – all with the goal of keeping product prices as stable as possible.
However, due to ongoing market fluctuations and rising input costs, moderate price adjustments on select product lines have become unavoidable. These adjustments are implemented with careful consideration and responsibility, in order to:
✅ Maintain international product quality standards (BRC, Halal, Kosher, Organic, etc.)
✅ Support coconut farmers in Luong Quoi’s organic farming regions
✅ Ensure a stable, transparent, and sustainable coconut supply for global customers
A long-term commitment to global B2B partners
We recognize that every business needs a dependable, consistent, and responsible supplier – especially during times of market uncertainty. That is why Luong Quoi Coconut is not only committed to delivering quality products, but also to maintaining transparency, sharing market insights, and supporting customers through all circumstances.
We are always ready to provide market updates and assist customers in adapting their sourcing plans to changing realities. In the long term, Luong Quoi will continue investing in organic farming zones, internationally certified factories, and a zero-waste production model to optimize resources and minimize environmental impact.