United Arab Emirates - Coconut - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

United Arab Emirates - Coconut - Market Analysis, Forecast, Size, Trends and Insights

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Coconut Price in the United Arab Emirates - 2021

Contents:

  1. Coconut Price in the United Arab Emirates (CIF) - 2022
  2. Coconut Price in the United Arab Emirates (FOB) - 2022
  3. Coconut Imports in the United Arab Emirates
  4. Coconut Exports in the United Arab Emirates

Coconut Price in the United Arab Emirates (CIF) - 2022

The average coconut import price stood at $479 per ton in 2022, declining by -24.6% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut import price decreased by -38.0% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 24%. The import price peaked at $773 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($443 per ton), while the price for Sri Lanka stood at $434 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Coconut Price in the United Arab Emirates (FOB) - 2022

In 2022, the average coconut export price amounted to $1,169 per ton, with an increase of 2.3% against the previous year. Over the period under review, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2015 an increase of 113% against the previous year. The export price peaked at $1,296 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($4,352 per ton), while the average price for exports to Burundi ($279 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 Burundi (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Coconut Imports in the United Arab Emirates

For the fourth year in a row, the United Arab Emirates recorded growth in supplies from abroad of coconuts, which increased by 1.2% to 56K tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 63%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, coconut imports declined sharply to $27M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of $35M, and then plummeted in the following year.

Import of Coconut in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14.317.823.015.22.1%
Sri Lanka4.43.94.67.318.4%
Thailand2.32.12.3N/A0.0%
Vietnam0.71.11.3N/A36.3%
Others0.50.33.94.3104.9%
Total22.225.235.126.86.5%

Top Suppliers of Coconut to the United Arab Emirates in 2022:

  1. India (34.2K tons)
  2. Sri Lanka (16.8K tons)

Coconut Exports in the United Arab Emirates

In 2022, overseas shipments of coconuts decreased by -2% to 465 tons, falling for the second consecutive year after two years of growth. In general, exports saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, the exports attained the peak of 655 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, coconut exports amounted to $544K in 2022. Overall, exports recorded a deep setback.

Export of Coconut in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania2.22.32.9165321.7%
Rwanda4.11.74.086.1175.9%
FranceN/A0.90.741.4578.2%
BurundiN/A0.2N/A19.8895.0%
Senegal15.40.96.0N/A-37.6%
Oman239400268N/A5.9%
Saudi Arabia387278245N/A-20.4%
Others48.211.215.623268.8%
Total696696542544-7.9%

Top Export Markets for Coconut from the United Arab Emirates in 2022:

  1. Tanzania (235.5 tons)
  2. Rwanda (132.2 tons)
  3. Burundi (71.0 tons)
  4. France (9.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the coconut market in the United Arab Emirates. 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 Arab Emirates

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the United Arab Emirates
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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