Report Update: Apr 1, 2024

World - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights

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Coconut Oil Market

Coconut oil market: download the most recent information provided by an Ai-driven BI tool. Information contain consumption, companies, market size, exports, production, imports, trade, and market prices. Here is a split by region, including the U.S., the U.K., China, EU, the Middle East, Latin America, Russia, and Africa. Market dynamics and forecast to 2030 are also provided in the dashboards.

Get FREE access to the latest data and statistics on the Coconut Oil Market.

Coconut Oil - World's Largest Markets

Rating	Country
1	Philippines
2	India
3	United States
4	Mexico
5	Vietnam

In value terms, the largest coconut oil markets worldwide were the Philippines, India and the United States, together accounting for 35% of the global market. These countries were followed by Mexico, Vietnam, Sri Lanka, Indonesia, China, Germany, Bangladesh, the Netherlands, Italy and Malaysia, which together accounted for a further 40%.

Sri Lanka saw the highest growth rate of market size, among the main consuming countries over the period under review, while coconut oil market for the other global leaders experienced more modest paces of growth.

Coconut Oil Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Papua New Guinea	1126	732	871	-12.0%
Indonesia	1171	811	943	-10.3%
Malaysia	1565	1115	1035	-18.7%
Netherlands	1625	1173	1219	-13.4%
Philippines	1413	1126	1234	-6.5%
Average	1466	1144	1227	-8.5%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in the Philippines ($1,234 per ton) and the Netherlands ($1,219 per ton), while Papua New Guinea ($871 per ton) and Indonesia ($943 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Belgium	1535	1059	1229	-10.5%
Sri Lanka	1363	1102	1216	-5.5%
Japan	1411	991	1165	-9.1%
France	1269	1143	1159	-4.4%
Germany	1352	950	1130	-8.6%
United States	1629	1246	1106	-17.6%
South Korea	1331	926	1060	-10.8%
Indonesia	1173	728	1005	-7.4%
Spain	1377	905	980	-15.6%
Italy	1492	1148	969	-19.4%
China	1292	939	969	-13.4%
Malaysia	1028	1145	906	-6.1%
Netherlands	1237	837	882	-15.6%
Average	1450	1106	1113	-12.4%

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Belgium ($1,229 per ton) and Sri Lanka ($1,216 per ton), while the Netherlands ($882 per ton) and Malaysia ($906 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced a decline in the import price figures.

Coconut Oil - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.8	0.6	0.5	-17.7%
Netherlands	0.5	0.3	0.3	-19.7%
Malaysia	0.2	0.2	0.2	4.4%
Germany	0.2	0.2	0.2	-8.8%
China	0.2	0.2	0.2	-8.9%

In value terms, the largest coconut oil importing markets worldwide were the United States ($531M), the Netherlands ($296M) and Malaysia ($217M), with a combined 43% share of global imports. Germany, China, Sri Lanka, Italy, France, Belgium, South Korea, Japan, Indonesia and Spain lagged somewhat behind, together comprising a further 33%.

In terms of the main importing countries, Sri Lanka (+175.2% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Coconut Oil - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Philippines	1.3	1	0.8	-24.2%
Indonesia	0.8	0.5	0.5	-14.9%
Netherlands	0.4	0.2	0.3	-16.9%
Malaysia	0.2	0.2	0.2	17.7%
Papua New Guinea	0.03	0.02	0.03	4.5%

In value terms, the Philippines ($774M), Indonesia ($546M) and the Netherlands ($268M) constituted the countries with the highest levels of exports in 2020, together comprising 70% of global exports. These countries were followed by Malaysia and Papua New Guinea, which together accounted for a further 11%.

In terms of the main exporting countries, Malaysia saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Coconut Oil - Market Forecast

Driven by increasing demand for coconut oil worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Coconut Oil - Top Companies

UNI-PRESIDENT ENTERPRISES CORP., Cargill Agrícola S/A, Kaifeng Sankou Food Co.,Ltd., Tongchuan Shenyu Technology Development Co.,Ltd., Jiaxiang Tianyuan Vegetable Oil Co.,Ltd., ADM do Brasil Ltda, Louis Dreyfus Company Brasil S/A., Ningyuan Jiuyi Mountain Vegetable Oil Co., Ltd., VICENTIN S.A.I.C., Tibet Linzhi Medog County Baimagang Grain & Oil Processing Sales Co., Ltd., VICENTIN S.A.I.C., Cocamar - Cooperativa Agroindustrial, Bianchini S/A. Indústria, Comércio e Agricultura, Bianchini S/A. Indústria, Comércio e Agricultura, Dongguan Fuzhiyuan Feedstuff Protein Development Co., Ltd., Jiu San Group Tianjin Soya Science And Technology Co., Ltd., THAI VEGETABLE OIL PUBLIC COMPANY LIMITED, Syngenta Seeds, LLC, Syngenta Seeds, Inc., Solae, LLC

Coconut Oil - Product Coverage

HS 151311 - Vegetable oils; coconut (copra) oil and its fractions, crude, not chemically modified
HS 151319 - Vegetable oils; coconut (copra) oil and its fractions, other than crude, whether or not refined, but not chemically modified

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global coconut oil market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 252 - Oil of Coconuts

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Company coverage:

Edward & Sons Trading Co, Greenville Agro Corporation, The Coconut Company (UK) Ltd., Healthy Traditions, Inc., Nutiva Inc., The Hain Celestial Group, MaxCare VCO, Celebes Coconut Corporation, SC Global Coco Products Inc., Barlean's, Davidsun Natural PVT LTD, PT Indo Perkasa Oil, NOW Foods, Nature's Way Products, LLC., Leyte Koko Oil Inc., Cargill Philippines Oil, Inc., Bicol Oil Mills and Refinery Corporation, Gokul Refoils & Solvent Limited, Cocoguru Coconut Industries Private Limited, SRM Gold Pure Coconut Oil

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023