#Coconut Crisis Looms as Postwar #Palm Trees Age: Southeast #Asia @Bloomberg

• world consumption of coconut products is growing more than 10 percent a year, production is increasing by only 2 percent

• The trees, many of which were planted about 50 to 60 years ago, no longer yield enough to meet rising demand

• The harvest in the Asia-Pacific is now about 40 nuts per tree a year, compared with a potential yield of 75 to 150, it estimates, saying replanting is advisable after 60 years.

• The global coconut area was about 12.3 million hectares (30.3 million acres), yielding 64.3 billion nuts

• Asia-Pacific accounts for about 85 percent of the global supply of the commodity that goes into food, fuel, soaps and cosmetics

See the whole article on Bloomberg:  Coconut Crisis Looms as Postwar Palm Trees Age: Southeast Asia - Bloomberg


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