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Africa - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
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Africa: Crude Coconut Oil Market Overview 2021

Crude Coconut Oil Market Size in Africa

For the fifth consecutive year, the African crude coconut oil market recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. The level of consumption peaked in 2019 and is expected to retain growth in years to come.

Crude Coconut Oil Production in Africa

In value terms, crude coconut oil production rose modestly to $X in 2019 estimated in export prices. The total production indicated a buoyant increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. The level of production peaked in 2019 and is expected to retain growth in the near future.

Production By Country in Africa

The countries with the highest volumes of crude coconut oil production in 2019 were Mozambique (X tonnes), Cote d'Ivoire (X tonnes) and Nigeria (X tonnes), together comprising X% of total production.

From 2007 to 2019, the most notable rate of growth in terms of crude coconut oil production, amongst the main producing countries, was attained by Cote d'Ivoire, while crude coconut oil production for the other leaders experienced more modest paces of growth.

Crude Coconut Oil Exports

Exports in Africa

In 2019, after two years of decline, there was significant growth in overseas shipments of crude coconut (copra) oil, when their volume increased by X% to X tonnes. Over the period under review, exports, however, continue to indicate a abrupt slump. Over the period under review, exports hit record highs at X tonnes in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

In value terms, crude coconut oil exports skyrocketed to $X in 2019. Overall, exports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, Cote d'Ivoire (X tonnes) represented the major exporter of crude coconut (copra) oil, generating X% of total exports. It was distantly followed by Mozambique (X tonnes), comprising an X% share of total exports. Ghana (X tonnes) followed a long way behind the leaders.

Exports from Cote d'Ivoire decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Ghana (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2007-2019. By contrast, Mozambique (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Cote d'Ivoire and Ghana increased by +X% and +X% percentage points, while Mozambique (-X p.p.) saw their share reduced.

In value terms, Cote d'Ivoire ($X) remains the largest crude coconut oil supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by Mozambique ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value in Cote d'Ivoire was relatively modest. In the other countries, the average annual rates were as follows: Mozambique (-X% per year) and Ghana (+X% per year).

Export Prices by Country

In 2019, the crude coconut oil export price in Africa amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the export price, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2017 when the export price increased by X% year-to-year. Over the period under review, export prices hit record highs at $X per tonne in 2018, and then shrank sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Ghana ($X per tonne), while Mozambique ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ghana, while the other leaders experienced mixed trends in the export price figures.

Crude Coconut Oil Imports

Imports in Africa

Crude coconut oil imports declined to X tonnes in 2019, which is down by -X% on the previous year. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2014 to 2019, the growth imports remained at a lower figure.

In value terms, crude coconut oil imports shrank to $X in 2019. Over the period under review, imports showed a slight descent. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2009 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Algeria (X tonnes), distantly followed by Somalia (X tonnes), Madagascar (X tonnes), South Africa (X tonnes) and Tunisia (X tonnes) represented the main importers of crude coconut (copra) oil, together making up X% of total imports. Mali (X tonnes) and Niger (X tonnes) held a relatively small share of total imports.

From 2007 to 2019, the biggest increases were in Somalia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crude coconut oil importing markets in Africa were Algeria ($X), Somalia ($X) and Madagascar ($X), with a combined X% share of total imports.

Somalia recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the crude coconut oil import price in Africa amounted to $X per tonne, remaining relatively unchanged against the previous year. In general, the import price, however, saw a prominent increase. The pace of growth was the most pronounced in 2014 when the import price increased by X% y-o-y. Over the period under review, import prices attained the maximum at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Somalia ($X per tonne), while Niger ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Mali, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude coconut (copra) oil in Africa?
+
The country with the largest volume of crude coconut oil consumption was Mozambique (29K tonnes), comprising approx. 27% of total volume. Moreover, crude coconut oil consumption in Mozambique exceeded the figures recorded by the second-largest consumer, Nigeria (14K tonnes), twofold. Tanzania (13K tonnes) ranked third in terms of total consumption with a 12% share.
What are the largest producers of crude coconut (copra) oil in Africa?
+
The countries with the highest volumes of crude coconut oil production in 2019 were Mozambique (30K tonnes), Cote d'Ivoire (19K tonnes) and Nigeria (14K tonnes), with a combined 57% share of total production.
What are the leading suppliers of crude coconut (copra) oil in Africa?
+
In value terms, Cote d'Ivoire ($7.9M) remains the largest crude coconut oil supplier in Africa, comprising 83% of total exports. The second position in the ranking was occupied by Mozambique ($878K), with a 9.3% share of total exports.
What are the leading importers of crude coconut (copra) oil in Africa?
+
In value terms, Algeria ($3.6M), Somalia ($2.6M) and Madagascar ($1M) appeared to be the countries with the highest levels of imports in 2019, with a combined 68% share of total imports.
What is the average export price for crude coconut (copra) oil in Africa?
+
The crude coconut oil export price in Africa stood at $1,157 per tonne in 2019, with a decrease of -38.2% against the previous year.
What is the average import price for crude coconut (copra) oil in Africa?
+
In 2019, the crude coconut oil import price in Africa amounted to $1,486 per tonne, leveling off at the previous year.

Product coverage:
• FCL 252 - Oil of Coconuts

This report provides an in-depth analysis of the crude coconut oil market in Africa. 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 2025.


Country coverage:
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Central African Republic
• Chad
• Congo
• Democratic Republic of the Congo
• Djibouti
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Guinea
• Lesotho
• Liberia
• Malawi
• Mali
• Mauritania
• Mayotte
• Namibia
• Niger
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• Swaziland
• Tunisia
• Uganda
• Western Sahara
• Zambia
• Zimbabwe

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in Africa
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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