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

Refined Coconut Oil Market Size in Eastern Asia

The East Asian refined coconut oil market rose remarkably to $X in 2019, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period 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 2011 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Refined Coconut Oil Production in Eastern Asia

In value terms, refined coconut oil production rose markedly to $X in 2019 estimated in export prices. The total production indicated a temperate 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 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2019, production stood at a somewhat lower figure.

Production By Country in Eastern Asia

The country with the largest volume of refined coconut oil production was China (X tonnes), comprising approx. X% of total volume. Moreover, refined coconut oil production in China exceeded the figures recorded by the second-largest producer, Japan (X tonnes), fourfold. The third position in this ranking was occupied by South Korea (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in China stood at +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and South Korea (+X% per year).

Refined Coconut Oil Exports

Exports in Eastern Asia

In 2019, after three years of decline, there was significant growth in shipments abroad of refined coconut (copra) oil, when their volume increased by X% to X tonnes. Overall, exports, however, saw a pronounced decline. The volume of export peaked at X tonnes in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, refined coconut oil exports surged to $X in 2019. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. The level of export peaked at $X in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, China (X tonnes) and Japan (X tonnes) represented the main exporters of refined coconut (copra) oil in Eastern Asia, together finishing at near X% of total exports. South Korea (X tonnes) held the next position in the ranking, followed by Hong Kong SAR (X tonnes). All these countries together took approx. X% share of total exports.

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

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2019, with a combined X% share of total exports. Hong Kong SAR lagged somewhat behind, comprising a further X Kong SAR recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2019, the refined coconut oil export price in Eastern Asia amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2009 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs at $X per tonne in 2018, and then contracted significantly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Hong Kong SAR ($X per tonne), while Japan ($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 mixed trends in the export price figures.

Refined Coconut Oil Imports

Imports in Eastern Asia

In 2019, after two years of growth, there was decline in overseas purchases of refined coconut (copra) oil, when their volume decreased by -X% to X tonnes. Total imports indicated pronounced growth from 2007 to 2019: its volume 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, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2018, and then reduced slightly in the following year.

In value terms, refined coconut oil imports fell to $X in 2019. Overall, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

China was the key importing country with an import of around X tonnes, which recorded X% of total imports. South Korea (X tonnes) ranks second in terms of the total imports with a X% share, followed by Japan (X%). Taiwan (Chinese) (X tonnes) occupied a little share of total imports.

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, Taiwan (Chinese) (+X%) displayed positive paces of growth. South Korea experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of China and Taiwan (Chinese) increased by +X% and +X% percentage points, while South Korea (-X p.p.) and Japan (-X p.p.) saw their share reduced.

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

Import Prices by Country

In 2019, the refined coconut oil import price in Eastern Asia amounted to $X per tonne, waning by -X% against the previous year. Import price indicated a temperate expansion 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 appeared the most rapid in 2011 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in China ($X per tonne) and Taiwan (Chinese) ($X per tonne), while South Korea ($X per tonne) and Japan ($X per tonne) were 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 Eastern Asia?
+
China (3.1M tonnes) remains the largest refined coconut oil consuming country in Eastern Asia, comprising approx. 73% of total volume. Moreover, refined coconut oil consumption in China exceeded the figures recorded by the second-largest consumer, Japan (791K tonnes), fourfold. South Korea (271K tonnes) ranked third in terms of total consumption with a 6.3% share.
What are the largest producers of refined coconut (copra) oil in Eastern Asia?
+
The country with the largest volume of refined coconut oil production was China (3M tonnes), accounting for 74% of total volume. Moreover, refined coconut oil production in China exceeded the figures recorded by the second-largest producer, Japan (752K tonnes), fourfold. The third position in this ranking was occupied by South Korea (218K tonnes), with a 5.3% share.
What are the leading suppliers of refined coconut (copra) oil in Eastern Asia?
+
In value terms, the largest refined coconut oil supplying countries in Eastern Asia were China ($262K), Japan ($146K) and South Korea ($100K), with a combined 84% share of total exports. These countries were followed by Hong Kong SAR, which accounted for a further 16%.
What are the leading importers of refined coconut (copra) oil in Eastern Asia?
+
In value terms, China ($188M) constitutes the largest market for imported refined coconut (copra) oil in Eastern Asia, comprising 67% of total imports. The second position in the ranking was occupied by South Korea ($49M), with a 17% share of total imports. It was followed by Japan, with a 13% share.
What is the average export price for refined coconut (copra) oil in Eastern Asia?
+
In 2019, the refined coconut oil export price in Eastern Asia amounted to $2,160 per tonne, dropping by -44.5% against the previous year.
What is the average import price for refined coconut (copra) oil in Eastern Asia?
+
In 2019, the refined coconut oil import price in Eastern Asia amounted to $1,205 per tonne, declining by -8.9% 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 Eastern 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:
• China, Macao SAR
• Democratic People's Republic of Korea
• Taiwan, Chinese

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

• China
• China, Hong Kong SAR
• China, Macao SAR
• Japan
• South Korea
• Taiwan, Chinese
• 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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