Mexico - Refined Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRefined Coconut Oil Price in Mexico - 2023
Contents:
- Refined Coconut Oil Price in Mexico (CIF) - 2023
- Refined Coconut Oil Price in Mexico (FOB) - 2022
- Refined Coconut Oil Imports in Mexico
- Refined Coconut Oil Exports in Mexico
Refined Coconut Oil Price in Mexico (CIF) - 2023
The average refined coconut oil import price stood at $4,540 per ton in June 2023, waning by -22.2% against the previous month. Over the period under review, the import price recorded a slight reduction. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 230% month-to-month. As a result, import price reached the peak level of $14,242 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($8,744 per ton), while the price for the Philippines stood at $4,459 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.6%).
Refined Coconut Oil Price in Mexico (FOB) - 2022
The average refined coconut oil export price stood at $3,936 per ton in 2022, remaining stable against the previous year. Overall, the export price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 37%. As a result, the export price attained the peak level of $5,387 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.4% per year.
Refined Coconut Oil Imports in Mexico
In 2022, supplies from abroad of refined coconut (copra) oil decreased by -55.5% to 409 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. As a result, imports reached the peak of 2.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, refined coconut oil imports dropped sharply to $1.8M in 2022. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 49%. As a result, imports reached the peak of $4.3M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Refined Coconut Oil in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 2.4 | 3.2 | 1.5 | 1.0 | -25.3% |
| United States | 0.5 | 0.6 | 0.9 | 0.8 | 17.0% |
| Indonesia | N/A | 0.4 | N/A | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 2.9 | 4.3 | 2.4 | 1.8 | -14.7% |
Top Suppliers of Refined Coconut Oil to Mexico in 2022:
- Philippines (261.9 tons)
- United States (145.6 tons)
Refined Coconut Oil Exports in Mexico
In 2022, the amount of refined coconut (copra) oil exported from Mexico contracted rapidly to 19 tons, which is down by -57.7% against the previous year's figure. Over the period under review, exports continue to indicate a precipitous setback. The smallest decline of -30.6% was in 2020.
In value terms, refined coconut oil exports dropped rapidly to $75K in 2022. In general, exports saw a sharp descent. The smallest decline of -16.5% was in 2020.
| Export of Refined Coconut Oil in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,205 | 1,204 | 147 | 74.6 | -60.4% |
| Guatemala | 109 | 6.2 | 3.3 | N/A | -82.6% |
| Canada | 43.8 | 27.1 | 3.2 | N/A | -73.0% |
| Others | 171 | 39.7 | 21.2 | N/A | -64.8% |
| Total | 1,529 | 1,277 | 174 | 74.6 | -63.5% |
Top Export Markets for Refined Coconut Oil from Mexico in 2022:
- United States (19.0 tons)
This report provides an in-depth analysis of the refined coconut oil market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
366
This report provides an in-depth analysis of the refined coconut oil market in Mexico.
1139
This report provides an in-depth analysis of the coconut oil market in Mexico.
493
This report provides an in-depth analysis of the palm kernel oil market in Mexico.
776
This report provides an in-depth analysis of the crude coconut oil market in Mexico.
301
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Mexico.
931
This report provides an in-depth analysis of the global refined coconut oil market.
4988
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.
10596
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.
757
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.
3014
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.
1389
Indonesia continued its dominance in the global trade of palm kernel and babassu oil. In 2014, Indonesia exported X thousand tons of palm kernel and babassu oil totaling X million USD, X% over the previous year. Its primary trading partner w
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
5729
Global coconut oil consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
5643
Global coconut oil exports amounted to X thousand tons in 2015, flattening at the previous year level.
