Indonesian coconut enjoys sweet spot in Hungary
Fresh picks: A man peels coconuts before dry them into copra in Sigi, Central Sulawesi. (Antara/Zainuddin) Hungarian businesses have urged their Indonesian counterparts to export more coconut products to their country. “Today’s coconut supplies from around the world, including Indonesia, don’t meet demand in Hungary and other countries in central and eastern Europe,” said Hungarian businessman Adam Kapas, whose company Mayers Kft is a major Indonesian coconut importer. “The high demand [for coconut products] and short supplies lead to continuing increases in price, especially for coconut oil, which increased between 7 and 10 percent each month in 2016,” he added. Adam estimates that Hungary needs 1.5 million liters of coconut milk and 500,000 liters of coconut oil per year. His firm supplies 700,000 liters of coconut milk annually to the domestic market. Indonesian coconut exports to Hungary include coconut cooking oil, desiccated coconut, coconut water, coconut cream,...