logo
Officials take action as global coconut supply faces critical challenges: 'If you change or replace fresh coconut milk, the taste fails'

Officials take action as global coconut supply faces critical challenges: 'If you change or replace fresh coconut milk, the taste fails'

Yahoo01-06-2025
A popular ingredient in many Asian cuisines is struggling to survive. Coconuts are beginning to disappear as Southeast Asia faces an increase in extreme weather. With a shrinking global supply of the fruit, many are in danger of losing access to a crucial aspect of their culture.
Coconuts and their milk are vital to the food culture of many nations, particularly across Asia. The world's top coconut-producing countries make up just a few that rely on coconuts in their cuisine. The Philippines, Indonesia, and India are estimated to produce about 72% of the world's coconut supply.
In recent years, these top producers have experienced an increase in extreme weather, from drought to "supercharged" typhoons. Extreme weather can be an indicator of larger climate change-related events.
Not all cultures that rely on coconut products in their cuisine produce the fruit. The coconut trade dates back to ancient times, allowing broader access to it as an ingredient. Malaysia, for example, imported more than 600 metric tons of coconuts in February to stabilize its domestic supply.
"Coconut milk is the heartbeat of Malaysian food," one Malaysian restaurant owner told Bloomberg. "If you change or replace fresh coconut milk, the taste fails."
As coconut-producing nations continue to see their supply strained, they've started passing laws to limit exports. Farmers and lawmakers in Indonesia are having difficulty agreeing on a proposed ban on exporting the fruit for six months, while the Philippine Coconut Authority said it's in talks with producers to keep a portion for domestic sale.
Right now, agencies like the World Meteorological Organization are monitoring extreme weather events across the globe in an effort to determine if climate change is the cause. Once enough data has been collected, a solution can be reached.
In the meantime, alternatives for coconut and coconut milk may be the way to go. The United States was the second-largest importer of coconut products in 2023, bringing in more than $143 million worth. If countries that don't traditionally rely on the fruit can avoid using it, we can protect it for cultures that require it as a staple.
What is the biggest reason you don't grow food at home?
Not enough time
Not enough space
It seems too hard
I have a garden already
Click your choice to see results and speak your mind.
Join our free newsletter for easy tips to save more and waste less, and don't miss this cool list of easy ways to help yourself while helping the planet.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Portugal Sees EU, US Reaching Trade Deal With ‘Very Low' Tariffs
Portugal Sees EU, US Reaching Trade Deal With ‘Very Low' Tariffs

Bloomberg

timean hour ago

  • Bloomberg

Portugal Sees EU, US Reaching Trade Deal With ‘Very Low' Tariffs

Portuguese Finance Minister Joaquim Miranda Sarmento said he sees the European Union and the US reaching an agreement with tariffs potentially below 10% that would help keep trade flowing. 'It's possible to have an agreement with very low tariffs, an agreement that could be perceived as beneficial to both parties and that could continue to allow us to trade and to increase value for our citizens,' Sarmento said in a Bloomberg Television interview in Brussels. 'We expect to have an update of what the Commission was able to negotiate with the US administration,' in the EU finance ministers' meetings to be held today and on Tuesday.

Thailand offers U.S. more concessions to avoid tariff, Bloomberg says
Thailand offers U.S. more concessions to avoid tariff, Bloomberg says

Business Insider

time3 hours ago

  • Business Insider

Thailand offers U.S. more concessions to avoid tariff, Bloomberg says

In an effort to avert a 36% export levy threatened by the Trump administration, Thailand is offering greater market access for U.S. farm and industrial goods, along with increased purchases of energy and Boeing (BA) jets, Patpicha Tanakasempipat of Bloomberg reports. Finance Minister Pichai Chunhavajira told Bloomberg News in an interview that Bangkok's latest proposal aims to boost bilaterial trade volume and also reduce Thailand's $46B trade surplus with the U.S. by 70% within the next five years. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

Asian shares are mostly down as Trump's tariff deadline looms and pressure steps up
Asian shares are mostly down as Trump's tariff deadline looms and pressure steps up

Yahoo

time6 hours ago

  • Yahoo

Asian shares are mostly down as Trump's tariff deadline looms and pressure steps up

MANILA, Philippines (AP) — Asian shares mostly fell Monday as the Trump administration stepped up pressure on trading partners to quickly make new deals before a Wednesday tariff deadline, with plans for the United States to start sending letters warning countries that higher tariffs could kick in Aug. 1. Japan's Nikkei 225 shed 0.5% to 39,628.41 while Hong Kong's Hang Seng index lost 0.4% to 23,824.18. South Korea's KOSPI index edged down 0.1% to 3,053.55 while the Shanghai Composite Index slid 0.2% to 3,464.78. Australia's S&P ASX 200 fell 0.3% to 8,576. Oil prices also fell after OPEC+ agreed on Saturday to raise production in August by 548,000 barrels per day, accelerating output increases since oil prices jumped, then retreated, in the aftermath of Israel and U.S. attacks on Iran. U.S. benchmark crude was down 92 cents to $66.08 per barrel. Brent crude, the international standard, shed 96 cents to $67.65 per barrel. The futures for S&P 500 and Dow Jones Industrial average were both 0.4% down. 'We expect markets to be volatile into the 9-July deadline when the 90-day pause on President Trump's reciprocal tariffs expires for non-China trading partners,' the Nomura Group wrote in a commentary. It said the near-term outlook will likely hinge on several key factors like the extent to which trading partners are included in Trump letters, the rate of tariffs, and the effective date of such tariffs. A more distant implementation date might leave scope for some last-minute trade negotiations and maintain market optimism for potential resolutions or extensions, it added. 'With the July 9 tariff deadline fast approaching, all eyes are trained on Washington, scanning for signs of escalation or retreat. The path forward isn't clear, but the terrain is littered with risk," Stephen Innes, managing partner at SPI Asset Management said in a commentary. On Thursday, a report showed the U.S. job market performed stronger than Wall Street expected. The S&P 500 rose 0.8% and set an all-time high for the fourth time in five days. The Dow Jones Industrial Average added 344 points, or 0.8%, and the Nasdaq composite gained 1%. In other dealings Monday, the U.S. dollar rose to 144.77 Japanese yen from 144.44 yen. The euro edged lower to $1.1772 from $1.1779.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store