United Kingdom - Coconut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoconut Price in the UK - 2023
Contents:
- Coconut Price in the UK (CIF) - 2023
- Coconut Price in the UK (FOB) - 2022
- Coconut Imports in the UK
- Coconut Exports in the UK
Coconut Price in the UK (CIF) - 2023
The average coconut import price stood at $1,216 per ton in June 2023, which is down by -9.3% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 33% m-o-m. As a result, import price reached the peak level of $1,709 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($2,163 per ton), while the price for Sri Lanka ($582 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+0.4%), while the prices for the other major suppliers experienced a decline.
Coconut Price in the UK (FOB) - 2022
In 2022, the average coconut export price amounted to $2,212 per ton, which is down by -11.2% against the previous year. In general, the export price showed a pronounced contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 24%. Over the period under review, the average export prices attained the maximum at $3,560 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($4,776 per ton), while the average price for exports to France ($762 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 Poland (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Coconut Imports in the UK
In 2022, approx. 9K tons of coconuts were imported into the UK; waning by -8% on 2021. In general, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 when imports increased by 21%.
In value terms, coconut imports reduced to $11M in 2022. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 21%.
| Import of Coconut in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2,094 | 2,007 | 3,361 | 3,496 | 18.6% |
| Cote d'Ivoire | 973 | 1,053 | 714 | 1,748 | 21.6% |
| Thailand | 255 | 240 | 307 | 1,693 | 87.9% |
| Costa Rica | 695 | 570 | 1,283 | 1,249 | 21.6% |
| Sri Lanka | 1,186 | 928 | 1,722 | 1,178 | -0.2% |
| Indonesia | 432 | 246 | 1,047 | 810 | 23.3% |
| Ghana | 2,531 | 923 | 934 | 269 | -52.6% |
| Spain | 436 | 368 | 908 | 264 | -15.4% |
| Dominican Republic | N/A | N/A | 13.5 | 168 | 1144.4% |
| Malaysia | 2,258 | 1,163 | N/A | 136 | -60.8% |
| Netherlands | 878 | 912 | 839 | 14.1 | -74.8% |
| France | 678 | 525 | 804 | 0.7 | -89.9% |
| Italy | 515 | 410 | 26.5 | N/A | -77.3% |
| Others | 677 | 1,185 | 779 | 391 | -16.7% |
| Total | 13,608 | 10,528 | 12,737 | 11,415 | -5.7% |
Top Suppliers of Coconut to the UK in 2022:
- India (2727.9 tons)
- Cote d'Ivoire (2043.7 tons)
- Costa Rica (1786.6 tons)
- Sri Lanka (732.2 tons)
- Thailand (715.7 tons)
- Dominican Republic (324.0 tons)
- Indonesia (297.7 tons)
- Spain (109.4 tons)
- Ghana (50.9 tons)
- Malaysia (48.8 tons)
- Netherlands (12.6 tons)
- France (0.8 tons)
Coconut Exports in the UK
In 2022, shipments abroad of coconuts decreased by -44.1% to 239 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2020 with an increase of 37%. As a result, the exports attained the peak of 1.1K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, coconut exports fell notably to $528K in 2022. Overall, exports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 28%. As a result, the exports reached the peak of $3.3M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Coconut in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 541 | 767 | 433 | 321 | -16.0% |
| Netherlands | 365 | 443 | 86.0 | 56.9 | -46.2% |
| France | 269 | 377 | 333 | 42.7 | -45.9% |
| Thailand | N/A | N/A | N/A | 30.7 | 0% |
| Vietnam | N/A | N/A | N/A | 20.1 | 0% |
| Czech Republic | 638 | 603 | N/A | 4.9 | -80.3% |
| Poland | 247 | 386 | 6.4 | 1.4 | -82.2% |
| Italy | 102 | 152 | 6.5 | 0.1 | -90.1% |
| Germany | 139 | 162 | 9.5 | N/A | -73.9% |
| Others | 250 | 379 | 189 | 50.8 | -41.2% |
| Total | 2,552 | 3,270 | 1,064 | 528 | -40.9% |
Top Export Markets for Coconut from the UK in 2022:
- Italy (undefined tons)
- Ireland (98.9 tons)
- France (56.0 tons)
- Netherlands (40.6 tons)
- Vietnam (20.8 tons)
- Thailand (9.6 tons)
- Czech Republic (1.3 tons)
- Poland (0.3 tons)
This report provides an in-depth analysis of the coconut market in the UK. 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 249 - Coconuts
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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