Italy - Refined Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Coconut Oil Price in Italy - 2023
Contents:
- Refined Coconut Oil Price in Italy (CIF) - 2023
- Refined Coconut Oil Price in Italy (FOB) - 2023
- Refined Coconut Oil Imports in Italy
- Refined Coconut Oil Exports in Italy
Refined Coconut Oil Price in Italy (CIF) - 2023
The average refined coconut oil import price stood at $1,906 per ton in June 2023, with a decrease of -8.9% against the previous month. In general, the import price saw a slight decline. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 13% month-to-month. As a result, import price reached the peak level of $2,328 per ton. From December 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Belgium ($2,193 per ton) and Germany ($2,137 per ton), while the price for Spain ($1,761 per ton) and Greece ($1,911 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.4%), while the prices for the other major suppliers experienced a decline.
Refined Coconut Oil Price in Italy (FOB) - 2023
In June 2023, the average refined coconut oil export price amounted to $2,354 per ton, flattening at the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 21% month-to-month. As a result, the export price reached the peak level of $2,602 per ton. From May 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Hungary ($28,829 per ton), while the average price for exports to Serbia ($1,672 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Refined Coconut Oil Imports in Italy
In 2022, the amount of refined coconut (copra) oil imported into Italy soared to 28K tons, jumping by 20% compared with 2021 figures. In general, imports, however, recorded a perceptible reduction.
In value terms, refined coconut oil imports soared to $61M in 2022. Over the period under review, imports posted buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 47%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Refined Coconut Oil in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 24.5 | 21.1 | 29.3 | 37.0 | 14.7% |
| Spain | 3.5 | 4.1 | 5.1 | 13.1 | 55.3% |
| Germany | 1.3 | 1.1 | 2.1 | 4.1 | 46.6% |
| Greece | N/A | N/A | 1.7 | 3.5 | 105.9% |
| United Kingdom | 4.8 | 0.1 | 0.2 | 0.1 | -72.5% |
| Others | 1.3 | 1.5 | 2.9 | 2.8 | 29.1% |
| Total | 35.4 | 28.0 | 41.3 | 60.6 | 19.6% |
Top Suppliers of Refined Coconut Oil to Italy in 2022:
- United Kingdom (undefinedK tons)
- Netherlands (18.1K tons)
- Spain (6.0K tons)
- Greece (1.7K tons)
- Germany (1.6K tons)
Refined Coconut Oil Exports in Italy
Refined coconut oil exports from Italy expanded remarkably to 14K tons in 2022, surging by 7.3% compared with the previous year. The total export volume increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, refined coconut oil exports soared to $30M in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Refined Coconut Oil in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 3.1 | 3.9 | 6.6 | 7.8 | 36.0% |
| Poland | 0.1 | 0.1 | 0.6 | 4.8 | 263.4% |
| Hungary | 0.2 | 0.9 | 2.5 | 4.3 | 178.1% |
| France | 0.6 | 0.8 | 1.9 | 2.1 | 51.8% |
| Slovenia | 2.7 | 2.5 | 2.5 | 1.9 | -11.1% |
| Romania | 0.2 | 0.2 | 1.2 | 1.4 | 91.3% |
| Germany | N/A | 0.5 | 1.0 | 1.2 | 54.9% |
| Spain | 0.2 | 0.3 | 0.5 | 1.1 | 76.5% |
| Iraq | N/A | N/A | N/A | 0.8 | 0% |
| Serbia | 0.6 | 0.2 | 0.7 | 0.8 | 10.1% |
| Moldova | 0.4 | 0.3 | 0.4 | 0.7 | 20.5% |
| Czech Republic | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
| Greece | 3.5 | 3.6 | 1.4 | 0.4 | -51.5% |
| Others | 2.0 | 2.3 | 3.9 | 2.7 | 10.5% |
| Total | 13.7 | 15.8 | 23.5 | 30.4 | 30.4% |
Top Export Markets for Refined Coconut Oil from Italy in 2022:
- Austria (3599.5 tons)
- Poland (2235.5 tons)
- Hungary (2024.7 tons)
- Slovenia (1122.5 tons)
- Spain (692.0 tons)
- Romania (666.2 tons)
- France (594.3 tons)
- Germany (409.1 tons)
- Serbia (404.9 tons)
- Iraq (340.1 tons)
- Moldova (304.1 tons)
- Czech Republic (229.3 tons)
- Greece (181.9 tons)
This report provides an in-depth analysis of the refined coconut oil market in Italy. 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:
- Prodcom 10415800 - Refined coconut (copra) oil and its fractions (excluding chemically modified)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
- 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 refined coconut oil market in Italy.
513
This report provides an in-depth analysis of the coconut oil market in Italy.
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This report provides an in-depth analysis of the palm kernel oil market in Italy.
1040
This report provides an in-depth analysis of the crude coconut oil market in Italy.
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This report provides an in-depth analysis of the market for formic acid, its salts and esters in Italy.
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This report provides an in-depth analysis of the global refined coconut oil market.
4990
This report provides an in-depth analysis of the global coconut oil market.
2183
This report provides an in-depth analysis of the global palm kernel oil market.
10597
This report provides an in-depth analysis of the global crude coconut oil market.
890
This report provides an in-depth analysis of the global market for formic acid, its salts and esters.
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In April 2023, the price of Refined Coconut Oil reached $2,181 per ton (CIF, Italy), showing a 5.1% increase compared to the previous month.
233
Coconut oil imports showed stagnant growth from June to August 2023, with a slight shrinkage to $9.9M in August 2023.
177
In January 2023, the palm kernel oil price was $1,746 per ton (CIF, Italy), down 14.3% from the month before.
299
In January 2023, the crude coconut oil price amounted to $4,547 per ton (CIF, Italy), rising by 225% against the previous month.
758
Global refined coconut oil imports dropped by -5.5% y-o-y to 1M tons in 2020. The U.S., China, Germany and South Korea constitute the largest importers of refined coconut oil worldwide. In 2020, American and Chinese imports declined significantly, while the purchases in Turkey followed an upward trend. Last year, the average refined coconut oil import price rose by +4.5% compared to the figures of 2019.
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...
1290
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.
2941
In 2015, the countries with the highest levels of palm kernel and babassu oil production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
