Austria: Crude Coconut Oil Market 2024

Crude Coconut Oil Market Size in Austria

The Austrian crude coconut oil market rose modestly to $X in 2022, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a significant expansion. Crude coconut oil consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Crude Coconut Oil Exports

Exports from Austria

In 2022, overseas shipments of crude coconut (copra) oil decreased by X% to X tons, falling for the third year in a row after eight years of growth. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, crude coconut oil exports expanded markedly to $X in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Slovenia (X tons) and Croatia (X tons) were the main destinations of crude coconut oil exports from Austria, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for crude coconut oil exported from Austria were Italy ($X), Slovenia ($X) and Germany ($X), with a combined X% share of total exports. Croatia, France, Slovakia and Hungary lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Croatia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average crude coconut oil export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Italy ($X 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 Croatia (X%), while the prices for the other major destinations experienced a decline.

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Crude Coconut Oil Imports

Imports into Austria

In 2022, the amount of crude coconut (copra) oil imported into Austria expanded sharply to X tons, growing by X% compared with the previous year. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, crude coconut oil imports dropped to $X in 2022. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest crude coconut oil supplier to Austria, with a X% share of total imports. Moreover, crude coconut oil imports from Germany exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), threefold. The third position in this ranking was taken by Australia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Australia (X% per year).

In value terms, Germany ($X) constituted the largest supplier of crude coconut (copra) oil to Austria, comprising X% of total imports. The second position in the ranking was taken by Slovenia ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average crude coconut oil import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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