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

Refined Coconut Oil Market Size in Finland

The Finnish refined coconut oil market expanded modestly to $X in 2019, growing 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 remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

Refined Coconut Oil Production in Finland

In value terms, refined coconut oil production expanded modestly to $X in 2019 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.

Refined Coconut Oil Exports

Exports from Finland

In 2019, the amount of refined coconut (copra) oil exported from Finland rose sharply to X tonnes, increasing by X% against the year before. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Exports peaked at X tonnes in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

In value terms, refined coconut oil exports skyrocketed to $X in 2019. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2019, exports remained at a lower figure.

Exports by Country

Estonia (X tonnes) was the main destination for refined coconut oil exports from Finland, with a X% share of total exports. Moreover, refined coconut oil exports to Estonia exceeded the volume sent to the second major destination, Sweden (X kg), fourfold. The Netherlands (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Estonia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and the Netherlands (+X% per year).

In value terms, Estonia ($X) remains the key foreign market for refined coconut oil exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Estonia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Lithuania (+X% per year).

Export Prices by Country

The average refined coconut oil export price stood at $X per tonne in 2019, growing by X% against the previous year. Overall, export price indicated a pronounced 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. The export price peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Estonia ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced a decline.

Refined Coconut Oil Imports

Imports into Finland

In 2019, refined coconut oil imports into Finland reduced to X tonnes, shrinking by -X% on 2018 figures. Over the period under review, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, refined coconut oil imports expanded notably to $X in 2019. Overall, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Sweden (X tonnes) constituted the largest supplier of refined coconut oil to Finland, with a X% share of total imports. Moreover, refined coconut oil imports from Sweden exceeded the figures recorded by the second-largest supplier, Denmark (X tonnes), threefold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Sweden stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-X% per year) and Germany (+X% per year).

In value terms, the largest refined coconut oil suppliers to Finland were the Netherlands ($X), Sweden ($X) and Denmark ($X), together accounting for X% of total imports. These countries were followed by Germany, the Philippines, Poland and China, which together accounted for a further X (+X% per year) saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average refined coconut oil import price amounted to $X per tonne, increasing by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. The import price peaked 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 supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for China ($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 Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined coconut (copra) oil in the world?
+
The country with the largest volume of refined coconut oil consumption was the U.S. (24M tonnes), comprising approx. 56% of total volume. Moreover, refined coconut oil consumption in the U.S. exceeded the figures recorded by the second-largest consumer, China (3.1M tonnes), eightfold. The third position in this ranking was occupied by India (1.3M tonnes), with a 3% share.
What are the largest producers of refined coconut (copra) oil in the world?
+
The U.S. (23M tonnes) constituted the country with the largest volume of refined coconut oil production, comprising approx. 55% of total volume. Moreover, refined coconut oil production in the U.S. exceeded the figures recorded by the second-largest producer, China (3M tonnes), eightfold. India (1.3M tonnes) ranked third in terms of total production with a 3.1% share.
What are the leading suppliers of refined coconut (copra) oil to Finland?
+
In value terms, the Netherlands ($668K), Sweden ($526K) and Denmark ($466K) appeared to be the largest refined coconut oil suppliers to Finland, with a combined 81% share of total imports. These countries were followed by Germany, the Philippines, Poland and China, which together accounted for a further 18%.
What are the leading importers of refined coconut (copra) oil from Finland?
+
In value terms, Estonia ($16K) remains the key foreign market for refined coconut oil exports from Finland, comprising 81% of total exports. The second position in the ranking was occupied by Sweden ($1.1K), with a 5.9% share of total exports. It was followed by Lithuania, with a 2.8% share.
What is the average export price for refined coconut (copra) oil in Finland?
+
In 2019, the average refined coconut oil export price amounted to $7,437 per tonne, growing by 68% against the previous year.
What is the average import price for refined coconut (copra) oil in Finland?
+
The average refined coconut oil import price stood at $2,551 per tonne in 2019, growing by 18% 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 Finland. 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:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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