Malaysia - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Coconut Oil Price in Malaysia - 2021
Contents:
- Crude Coconut Oil Price in Malaysia (CIF) - 2021
- Crude Coconut Oil Price in Malaysia (FOB) - 2021
- Crude Coconut Oil Imports in Malaysia
- Crude Coconut Oil Exports in Malaysia
Crude Coconut Oil Price in Malaysia (CIF) - 2021
The average crude coconut oil import price stood at $1,631 per ton in December 2021, surging by 4.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in April 2021 when the average import price increased by 11% against the previous month. Over the period under review, average import prices attained the peak figure in December 2021.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the countries with the highest prices were Indonesia ($1,712 per ton) and Papua New Guinea ($1,693 per ton), while the price for the Philippines ($1,500 per ton) and Singapore ($1,553 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Singapore (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Crude Coconut Oil Price in Malaysia (FOB) - 2021
The average crude coconut oil export price stood at $2,040 per ton in December 2021, surging by 25% against the previous month. In general, export price indicated notable growth from December 2020 to December 2021: its price increased at an average monthly rate of +4.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, crude coconut oil export price decreased by -3.5% against August 2021 indices. The pace of growth was the most pronounced in August 2021 when the average export price increased by 36% month-to-month. As a result, the export price attained the peak level of $2,115 per ton. From September 2021 to December 2021, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($2,601 per ton), while the average price for exports to Singapore ($1,588 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Crude Coconut Oil Imports in Malaysia
In 2022, approx. 171K tons of crude coconut (copra) oil were imported into Malaysia; waning by -20.6% compared with 2021. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% 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 +34.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of 215K tons, and then plummeted in the following year.
In value terms, crude coconut oil imports reduced markedly to $242M in 2022. Over the period under review, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 87%. As a result, imports attained the peak of $315M, and then dropped notably in the following year.
| Import of Crude Coconut Oil in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 48.6 | 63.8 | 111 | 121 | 35.5% |
| Indonesia | 83.3 | 76.3 | 137 | 79.0 | -1.8% |
| Papua New Guinea | 13.5 | 20.1 | 53.9 | 31.1 | 32.1% |
| Others | 10.0 | 8.0 | 13.0 | 10.3 | 1.0% |
| Total | 155 | 168 | 315 | 242 | 16.0% |
Top Suppliers of Crude Coconut Oil to Malaysia in 2022:
- Philippines (82.0K tons)
- Indonesia (61.5K tons)
- Papua New Guinea (20.1K tons)
Crude Coconut Oil Exports in Malaysia
In 2022, approx. 35K tons of crude coconut (copra) oil were exported from Malaysia; increasing by 43% compared with 2021. Over the period under review, exports, however, recorded a perceptible setback.
In value terms, crude coconut oil exports expanded rapidly to $40M in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 15%. As a result, the exports reached the peak of $44M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Crude Coconut Oil in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.3 | 5.4 | 6.9 | 14.4 | 20.2% |
| Netherlands | 13.8 | 12.6 | 2.7 | 6.6 | -21.8% |
| Germany | 1.1 | 1.3 | 0.8 | 4.6 | 61.1% |
| Somalia | 1.9 | 1.7 | 2.4 | 1.5 | -7.6% |
| Pakistan | 0.3 | 0.7 | 2.1 | 1.3 | 63.0% |
| Singapore | 4.1 | 3.5 | 2.8 | 1.3 | -31.8% |
| Madagascar | 0.9 | 2.2 | 1.8 | 1.2 | 10.1% |
| Kuwait | 0.3 | 0.8 | 1.8 | 1.2 | 58.7% |
| Spain | 1.3 | 2.0 | 1.6 | 1.2 | -2.6% |
| Greece | 0.9 | 2.2 | 1.8 | 1.1 | 6.9% |
| India | 0.1 | 0.8 | 1.3 | 0.8 | 100.0% |
| Yemen | 1.1 | 1.7 | 1.0 | 0.8 | -10.1% |
| Trinidad and Tobago | 0.1 | 1.0 | 0.8 | 0.5 | 71.0% |
| Others | 3.8 | 8.0 | 8.4 | 3.5 | -2.7% |
| Total | 38.0 | 43.9 | 36.2 | 40.0 | 1.7% |
Top Export Markets for Crude Coconut Oil from Malaysia in 2022:
- United States (11.6K tons)
- Netherlands (5.6K tons)
- Germany (3.8K tons)
- Greece (2.1K tons)
- Pakistan (1.7K tons)
- Madagascar (1.3K tons)
- Singapore (1.2K tons)
- Spain (1.1K tons)
- India (1.0K tons)
- Kuwait (0.9K tons)
- Somalia (0.9K tons)
- Trinidad and Tobago (0.6K tons)
- Yemen (0.6K tons)
This report provides an in-depth analysis of the crude coconut oil market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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 Malaysia.
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This report provides an in-depth analysis of the global crude coconut oil market.
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2018
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
5731
Global coconut oil consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
5644
Global coconut oil exports amounted to X thousand tons in 2015, flattening at the previous year level.
5608
Global coconut oil imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
5828
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.
2265
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%
1094
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.
892
In 2018, the Philippines (916K tons) was the main exporter of coconut (copra) oil, comprising 49% of the global exports...
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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.
3015
Global palm kernel oil consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
