Benelux: Refined Coconut Oil Market 2024

Refined Coconut Oil Market Size in Benelux

The Benelux refined coconut oil market surged to $X in 2022, jumping by X% against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the near future.

Refined Coconut Oil Production in Benelux

In value terms, refined coconut oil production rose slightly to $X in 2022 estimated in export price. In general, production, however, saw a slight contraction. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Refined Coconut Oil Exports

Exports in Benelux

In 2022, after two years of growth, there was significant decline in shipments abroad of refined coconut (copra) oil, when their volume decreased by X% to X tons. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, refined coconut oil exports expanded modestly to $X in 2022. Total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. Belgium (X tons) took a little share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of refined coconut (copra) oil. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Belgium increased by X percentage points.

In value terms, the Netherlands ($X) remains the largest refined coconut oil supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled X%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, increasing by X% against the previous year. Export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined coconut oil export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Refined Coconut Oil Imports

Imports in Benelux

In 2022, approx. X tons of refined coconut (copra) oil were imported in Benelux; declining by X% against the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, refined coconut oil imports stood at $X in 2022. Overall, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Belgium represented the main importing country with an import of around X tons, which amounted to X% of total imports. It was distantly followed by the Netherlands (X tons), mixing up a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to refined coconut oil imports into Belgium stood at X%. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the Netherlands increased by X percentage points.

In value terms, Belgium ($X) constitutes the largest market for imported refined coconut (copra) oil in Benelux, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports.

In Belgium, refined coconut oil imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, growing by X% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined coconut oil import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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