Hong Kong SAR, China - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Coconut Oil Price in Hong Kong SAR - 2023
Contents:
- Crude Coconut Oil Price in Hong Kong SAR (CIF) - 2022
- Crude Coconut Oil Price in Hong Kong SAR (FOB) - 2022
- Crude Coconut Oil Imports in Hong Kong SAR
- Crude Coconut Oil Exports in Hong Kong SAR
Crude Coconut Oil Price in Hong Kong SAR (CIF) - 2022
In 2022, the average crude coconut oil import price amounted to $6,086 per ton, with an increase of 4.1% against the previous year. Over the period under review, the import price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2019 an increase of 25% against the previous year. As a result, import price attained the peak level of $8,445 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($10,384 per ton), while the price for the Philippines ($3,399 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+39.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Crude Coconut Oil Price in Hong Kong SAR (FOB) - 2022
The average crude coconut oil export price stood at $12,064 per ton in 2022, rising by 59% against the previous year. Overall, the export price recorded buoyant growth. The growth pace was the most rapid in 2021 when the average export price increased by 147%. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +19.2% per year.
Crude Coconut Oil Imports in Hong Kong SAR
After three years of growth, overseas purchases of crude coconut (copra) oil decreased by -33.3% to 70 tons in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of 105 tons, and then dropped dramatically in the following year.
In value terms, crude coconut oil imports contracted dramatically to $428K in 2022. Overall, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, imports reached the peak of $616K, and then reduced rapidly in the following year.
| Import of Crude Coconut Oil in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 176 | 213 | 237 | 234 | 10.0% |
| Singapore | N/A | N/A | 5.8 | 68.2 | 1075.9% |
| United States | 74.7 | 50.5 | 55.1 | 48.5 | -13.4% |
| Sri Lanka | 68.0 | 52.2 | 197 | 46.6 | -11.8% |
| Germany | 5.0 | 2.5 | 13.3 | 11.5 | 32.0% |
| France | 41.0 | 134 | 54.2 | 8.3 | -41.3% |
| Australia | 74.5 | 6.1 | 14.3 | 4.8 | -59.9% |
| Philippines | 15.4 | 5.7 | 36.8 | 4.6 | -33.2% |
| New Zealand | 121 | 0.3 | 1.2 | 0.9 | -80.5% |
| South Korea | N/A | 34.2 | N/A | N/A | 0% |
| Others | 18.1 | 4.1 | 1.6 | N/A | -70.3% |
| Total | 594 | 502 | 616 | 428 | -10.3% |
Top Suppliers of Crude Coconut Oil to Hong Kong SAR in 2022:
- Thailand (40.2 tons)
- Singapore (11.6 tons)
- Sri Lanka (9.9 tons)
- United States (4.7 tons)
- Philippines (1.3 tons)
- Germany (1.1 tons)
- France (0.8 tons)
- Australia (0.5 tons)
- New Zealand (0.1 tons)
Crude Coconut Oil Exports in Hong Kong SAR
In 2022, overseas shipments of crude coconut (copra) oil decreased by -59.3% to 766 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 100%. As a result, the exports reached the peak of 13 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, crude coconut oil exports dropped remarkably to $9.2K in 2022. Overall, exports continue to indicate a significant contraction. The smallest decline of -3% was in 2020.
| Export of Crude Coconut Oil in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 1.7 | 4.5 | 4.8 | 9.2 | 75.6% |
| China | 38.3 | N/A | 6.7 | N/A | -58.2% |
| South Korea | N/A | 34.2 | N/A | N/A | 0% |
| Others | N/A | N/A | 2.8 | N/A | 0% |
| Total | 40.0 | 38.8 | 14.3 | 9.2 | -38.7% |
Top Export Markets for Crude Coconut Oil from Hong Kong SAR in 2022:
- Macao SAR (766.0 kg)
This report provides an in-depth analysis of the crude coconut oil market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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 crude coconut oil market in Hong Kong SAR, China.
371
This report provides an in-depth analysis of the coconut oil market in Hong Kong SAR, China.
383
This report provides an in-depth analysis of the palm kernel oil market in Hong Kong SAR, China.
342
This report provides an in-depth analysis of the refined coconut oil market in Hong Kong SAR, China.
261
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Hong Kong SAR, China.
10633
This report provides an in-depth analysis of the global crude coconut oil market.
5013
This report provides an in-depth analysis of the global coconut oil market.
2205
This report provides an in-depth analysis of the global palm kernel oil market.
941
This report provides an in-depth analysis of the global refined coconut oil market.
898
This report provides an in-depth analysis of the global market for formic acid, its salts and esters.
2025
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
5748
Global coconut oil consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
5655
Global coconut oil exports amounted to X thousand tons in 2015, flattening at the previous year level.
5621
Global coconut oil imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
5840
In 2015, the countries with the highest levels of coconut oil production were the Philippines (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
2275
The Philippines dominates in the global coconut oil trade. In 2014, the Philippines exported X thousand tons of coconut oil totaling X USD, X% under the previous year. Its primary trading partner was the Republic of Korea, where it supplied X%
1108
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.
902
In 2018, the Philippines (916K tons) was the main exporter of coconut (copra) oil, comprising 49% of the global exports...
1300
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.
3037
Global palm kernel oil consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
