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

Refined Coconut Oil Market Size in Asia

The Asian refined coconut oil market rose significantly to $X in 2019, growing by X% against the previous year. The total consumption indicated a pronounced expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Refined Coconut Oil Production in Asia

In value terms, refined coconut oil production rose to $X in 2019 estimated in export prices. The total production indicated a moderate expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2019, production remained at a lower figure.

Production By Country in Asia

China (X tonnes) constituted the country with the largest volume of refined coconut oil production, accounting for X% of total volume. Moreover, refined coconut oil production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), twofold. The third position in this ranking was occupied by Indonesia (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in China totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Indonesia (+X% per year).

Refined Coconut Oil Exports

Exports in Asia

In 2019, overseas shipments of refined coconut (copra) oil increased by X% to X tonnes, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. The volume of export peaked at X tonnes in 2014; however, from 2015 to 2019, exports remained at a lower figure.

In value terms, refined coconut oil exports shrank remarkably to $X in 2019. Overall, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tonnes) and the Philippines (X tonnes) represented the main exporters of refined coconut (copra) oil in 2019, amounting to near X% and X% of total exports, respectively. It was distantly followed by Malaysia (X tonnes), constituting an X% share of total exports.

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

In value terms, the largest refined coconut oil supplying countries in Asia were the Philippines ($X), Indonesia ($X) and Malaysia ($X), with a combined X% share of total exports.

Indonesia recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The refined coconut oil export price in Asia stood at $X per tonne in 2019, dropping by -X% against the previous year. Export price indicated noticeable growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, refined coconut oil export price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2011 when the export price increased by X% against the previous year. Over the period under review, export prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat amongst the major exporting countries. In 2019, the country with the highest price was the Philippines ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

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

Refined Coconut Oil Imports

Imports in Asia

In 2019, purchases abroad of refined coconut (copra) oil decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2018, and then shrank slightly in the following year.

In value terms, refined coconut oil imports declined sharply to $X in 2019. In general, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, China (X tonnes) was the key importer of refined coconut (copra) oil, achieving X% of total imports. South Korea (X tonnes) held a X% share (based on tonnes) of total imports, which put it in second place, followed by Japan (X%), Singapore (X%) and Turkey (X%). Iran (X tonnes), the United Arab Emirates (X tonnes), Malaysia (X tonnes) and Kuwait (X tonnes) followed a long way behind the leaders.

China was also the fastest-growing in terms of the refined coconut (copra) oil imports, with a CAGR of +X% from 2007 to 2019. At the same time, Kuwait (+X%), Turkey (+X%), the United Arab Emirates (+X%), Singapore (+X%) and Iran (+X%) displayed positive paces of growth. South Korea experienced a relatively flat trend pattern. By contrast, Japan (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. China (+X p.p.), Singapore (+X p.p.), Turkey (+X p.p.) and Kuwait (+X p.p.) significantly strengthened its position in terms of the total imports, while South Korea, Japan and Malaysia saw its share reduced by -X%, -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported refined coconut (copra) oil in Asia, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

In China, refined coconut oil imports expanded at an average annual rate of +X% over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Singapore (+X% per year).

Import Prices by Country

In 2019, the refined coconut oil import price in Asia amounted to $X per tonne, falling by -X% against the previous year. Import price indicated a pronounced increase from 2007 to 2019: its price 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, refined coconut oil import price decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2011 when the import price increased by X% year-to-year. 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 the United Arab Emirates ($X per tonne), while Iran ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined coconut (copra) oil in Asia?
+
The country with the largest volume of refined coconut oil consumption was China (3.1M tonnes), comprising approx. 32% of total volume. Moreover, refined coconut oil consumption in China exceeded the figures recorded by the second-largest consumer, India (1.3M tonnes), twofold. The third position in this ranking was occupied by Japan (791K tonnes), with a 8% share.
What are the largest producers of refined coconut (copra) oil in Asia?
+
China (3M tonnes) remains the largest refined coconut oil producing country in Asia, comprising approx. 29% of total volume. Moreover, refined coconut oil production in China exceeded the figures recorded by the second-largest producer, India (1.3M tonnes), twofold. Indonesia (828K tonnes) ranked third in terms of total production with a 8% share.
What are the leading suppliers of refined coconut (copra) oil in Asia?
+
In value terms, the largest refined coconut oil supplying countries in Asia were the Philippines ($371M), Indonesia ($277M) and Malaysia ($150M), together comprising 88% of total exports.
What are the leading importers of refined coconut (copra) oil in Asia?
+
In value terms, China ($188M) constitutes the largest market for imported refined coconut (copra) oil in Asia, comprising 44% of total imports. The second position in the ranking was occupied by South Korea ($49M), with a 11% share of total imports. It was followed by Singapore, with a 9% share.
What is the average export price for refined coconut (copra) oil in Asia?
+
The refined coconut oil export price in Asia stood at $1,212 per tonne in 2019, dropping by -26.6% against the previous year.
What is the average import price for refined coconut (copra) oil in Asia?
+
In 2019, the refined coconut oil import price in Asia amounted to $1,216 per tonne, shrinking by -12.8% against the previous year.

Product coverage:
• Prodcom 10415800 - Refined coconut (copra) oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined coconut oil market in Asia. 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:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Macao SAR
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
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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