Japan - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoconut Oil Price in Japan - 2023
Contents:
- Coconut Oil Price in Japan (CIF) - 2023
- Coconut Oil Price in Japan (FOB) - 2022
- Coconut Oil Imports in Japan
- Coconut Oil Exports in Japan
Coconut Oil Price in Japan (CIF) - 2023
The average coconut oil import price stood at $1,306 per ton in July 2023, flattening at the previous month. Overall, the import price, however, saw a perceptible slump. The growth pace was the most rapid in October 2022 when the average import price increased by 30% against the previous month. As a result, import price reached the peak level of $2,519 per ton. From November 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Indonesia ($1,361 per ton), while the price for the Philippines totaled $1,195 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Philippines (-4.2%).
Coconut Oil Price in Japan (FOB) - 2022
The average coconut oil export price stood at $9,393 per ton in 2022, shrinking by -16.7% against the previous year. Over the period under review, the export price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 209%. As a result, the export price reached the peak level of $13,956 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($12,880 per ton), while the average price for exports to Vietnam ($8,069 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.3%), while the prices for the other major destinations experienced a decline.
Coconut Oil Imports in Japan
In 2022, approx. 39K tons of coconut (copra) oil were imported into Japan; with a decrease of -6.6% against the year before. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 13%. As a result, imports reached the peak of 42K tons, and then fell in the following year.
In value terms, coconut oil imports rose slightly to $78M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 77%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Coconut Oil in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 32.3 | 32.8 | 68.5 | 71.2 | 30.1% |
| Indonesia | 1.4 | 3.5 | 1.6 | 2.2 | 16.3% |
| Malaysia | 1.7 | 2.4 | 1.7 | 0.5 | -33.5% |
| Others | 3.8 | 4.5 | 4.4 | 4.2 | 3.4% |
| Total | 39.2 | 43.1 | 76.1 | 78.1 | 25.8% |
Top Suppliers of Coconut Oil to Japan in 2022:
- Philippines (37.1K tons)
- Indonesia (1.1K tons)
- Malaysia (0.2K tons)
Coconut Oil Exports in Japan
For the fourth consecutive year, Japan recorded growth in overseas shipments of coconut (copra) oil, which increased by 72% to 7.7 tons in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 232% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, coconut oil exports surged to $72K in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 206%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Coconut Oil in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | 14.3 | 26.0 | 44.3 | 76.0% |
| Bangladesh | 14.0 | 14.0 | 22.2 | 13.4 | -1.4% |
| South Korea | N/A | 12.4 | N/A | 13.1 | 2.8% |
| Others | N/A | 2.0 | 2.1 | 1.2 | -22.5% |
| Total | 14.0 | 42.7 | 50.3 | 72.0 | 72.6% |
Top Export Markets for Coconut Oil from Japan in 2022:
- Vietnam (5.5 tons)
- South Korea (1.1 tons)
- Bangladesh (1.0 tons)
This report provides an in-depth analysis of the coconut oil market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the refined coconut oil market in Japan.
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101
In June 2023, Coconut Oil imports saw a significant growth of 102% compared to the previous month. By November 2023, the value of Coconut Oil imports spiked to $4.5M.
326
In April 2023, the Coconut Oil price stabilized at $1,475 per ton (CIF, Japan), remaining steady from the previous month.
210
During the period from December 2022 to September 2023, the import growth experienced a slight decrease. The value of Refined Coconut Oil imports significantly rose to $5.7M in September 2023.
1098
Coconut oil prices will grow moderately this year, following the fundamental trend relevant to all vegetable oils. The average annual coconut oil price is set to grow by 2.3% y-o-y to $1,674 per ton in 2022 due to limited supply and rising logistic costs.
893
In 2018, the Philippines (916K tons) was the main exporter of coconut (copra) oil, comprising 49% of the global exports...
1291
Prices for palm kernel oil spiked by 27% over the month, reaching $1,807 in October 2021. Compared to this year's January figures, the prices soared by +32%. In 2020, palm kernel exports dropped by -3.1% y-o-y in physical terms but grew by +8.9% y-o-y in value terms, reaching $2.5B. Indonesia remains the largest supplier, accounting for 56% of global exports of palm kernel oil. China, the U.S. and Germany constitute the most prominent importers of the product.
3019
Global palm kernel oil consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
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In 2015, the countries with the highest levels of palm kernel and babassu oil production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
1390
Indonesia continued its dominance in the global trade of palm kernel and babassu oil. In 2014, Indonesia exported X thousand tons of palm kernel and babassu oil totaling X million USD, X% over the previous year. Its primary trading partner w
2019
From 2007 to 2016, the value of the global coconut oil market showed an unstable dynamic trend. However, in 2016, the value of the global coconut oil market expanded to X billion USD. The main reason for this can be explained by the rise in the price
