Spain - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Coconut Oil Price in Spain - 2023
Contents:
- Crude Coconut Oil Price in Spain (CIF) - 2022
- Crude Coconut Oil Price in Spain (FOB) - 2022
- Crude Coconut Oil Imports in Spain
- Crude Coconut Oil Exports in Spain
Crude Coconut Oil Price in Spain (CIF) - 2022
The average crude coconut oil import price stood at $1,850 per ton in 2022, jumping by 22% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crude coconut oil import price increased by +115.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 57%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($1,823 per ton), while the price for the Philippines totaled $1,808 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+3.8%).
Crude Coconut Oil Price in Spain (FOB) - 2022
In 2022, the average crude coconut oil export price amounted to $5,741 per ton, with an increase of 6.7% against the previous year. Over the period under review, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 51% against the previous year. The export price peaked at $6,442 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($7,833 per ton), while the average price for exports to Italy ($2,499 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 Portugal (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Crude Coconut Oil Imports in Spain
In 2022, imports of crude coconut (copra) oil into Spain expanded rapidly to 48K tons, increasing by 13% against the previous year's figure. Overall, imports, however, showed a slight contraction.
In value terms, crude coconut oil imports soared to $89M in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Crude Coconut Oil in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 39.5 | 32.5 | 56.9 | 72.6 | 22.5% |
| Indonesia | N/A | N/A | 4.5 | 12.6 | 180.0% |
| Cote d'Ivoire | 1.6 | 1.2 | 0.1 | 0.1 | -60.3% |
| Others | 3.0 | 4.5 | 3.2 | 4.2 | 11.9% |
| Total | 44.1 | 38.1 | 64.7 | 89.5 | 26.6% |
Top Suppliers of Crude Coconut Oil to Spain in 2022:
- Cote d'Ivoire (undefinedK tons)
- Philippines (40.1K tons)
- Indonesia (6.9K tons)
Crude Coconut Oil Exports in Spain
In 2022, the amount of crude coconut (copra) oil exported from Spain surged to 285 tons, rising by 311% on 2021. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, crude coconut oil exports surged to $1.6M in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Crude Coconut Oil in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 21.8 | 72.7 | 110 | 1,462 | 306.3% |
| Belgium | 0.1 | 0.1 | 5.6 | 68.4 | 781.1% |
| Japan | 23.7 | 8.4 | 2.2 | 9.4 | -26.5% |
| Italy | 78.0 | 152 | 64.5 | 6.6 | -56.1% |
| Tunisia | 13.4 | N/A | 4.5 | 5.0 | -28.0% |
| Jordan | 87.9 | 10.3 | 44.8 | N/A | -28.6% |
| Morocco | 27.2 | 6.7 | 6.5 | N/A | -51.1% |
| Others | 103 | 135 | 135 | 81.8 | -7.4% |
| Total | 355 | 386 | 373 | 1,634 | 66.3% |
Top Export Markets for Crude Coconut Oil from Spain in 2022:
- France (255.1 tons)
- Belgium (13.9 tons)
- Italy (2.6 tons)
- Japan (1.5 tons)
- Tunisia (1.3 tons)
This report provides an in-depth analysis of the crude coconut oil market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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 Spain.
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This report provides an in-depth analysis of the coconut oil market in Spain.
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This report provides an in-depth analysis of the palm kernel oil market in Spain.
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This report provides an in-depth analysis of the refined coconut oil market in Spain.
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This report provides an in-depth analysis of the market for formic acid, its salts and esters in Spain.
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This report provides an in-depth analysis of the global crude coconut oil market.
4997
This report provides an in-depth analysis of the global coconut oil market.
2191
This report provides an in-depth analysis of the global palm kernel oil market.
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This report provides an in-depth analysis of the global refined coconut oil market.
897
This report provides an in-depth analysis of the global market for formic acid, its salts and esters.
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Coconut Oil saw a notable surge in growth in February 2023 with imports spiking by 120% compared to the previous month. However, by October 2023, the value of coconut oil imports had plummeted to $2.2M.
106
In May 2023, the growth pace of Refined Coconut Oil was the most rapid, with exports increasing by 89% month-to-month. However, in November 2023, the value of refined coconut oil exports notably fell to $3.4M.
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
5736
Global coconut oil consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
5646
Global coconut oil exports amounted to X thousand tons in 2015, flattening at the previous year level.
5611
Global coconut oil imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
5831
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.
2270
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%
1099
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.
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In 2018, the Philippines (916K tons) was the main exporter of coconut (copra) oil, comprising 49% of the global exports...
