Prep the Shrimp: Rinse the shrimp under cold water and pat them dry with paper towels. Place them in a bowl and drizzle with lime juice, tossing to coat evenly.
Prepare Breading Stations: In one shallow bowl, combine the all-purpose flour, paprika, cayenne pepper, garlic powder, salt, and black pepper. In a second bowl, whisk the eggs until combined. In a third bowl, mix the shredded coconut and panko breadcrumbs together.
Coat the Shrimp: One at a time, dredge each shrimp in the seasoned flour, shaking off any excess. Next, dip it into the beaten eggs, allowing any excess to drip off. Finally, coat the shrimp with the coconut-panko mixture, pressing gently to ensure it sticks well. Repeat this process for all the shrimp.
Preheat the Air Fryer: Preheat your air fryer to 400°F (200°C) for about 5 minutes.
Air Fry the Shrimp: Lightly spray the air fryer basket with cooking spray or brush with a small amount of oil. Arrange the coated shrimp in a single layer, ensuring they do not overlap. Spray the tops lightly with cooking spray to help them crisp up.
Cook Until Golden: Air fry the shrimp at 400°F (200°C) for 8-10 minutes, stopping halfway through to shake the basket for even cooking. The shrimp should be golden brown and cooked through.
Serve Immediately: Once done, carefully remove the shrimp from the air fryer and serve hot with sweet chili sauce for dipping, if desired. Enjoy your delightful Spicy Coconut Shrimp!