France: Crude Coconut Oil Market 2024

Crude Coconut Oil Market Size in France

In 2022, after two years of growth, there was significant decline in the French crude coconut oil market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Crude Coconut Oil Production in France

In value terms, crude coconut oil production stood at $X in 2022 estimated in export price. In general, production, however, saw a noticeable reduction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Crude coconut oil production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Crude Coconut Oil Exports

Exports from France

Crude coconut oil exports from France skyrocketed to X tons in 2022, increasing by X% against 2021 figures. In general, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, crude coconut oil exports surged to $X in 2022. Over the period under review, exports posted a resilient expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons), Sri Lanka (X tons) and Italy (X tons) were the main destinations of crude coconut oil exports from France, together accounting for X% of total exports. Switzerland, China, Morocco, the Netherlands, Belgium, Spain, the UK and Congo lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Congo (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for crude coconut (copra) oil exports from France, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Sri Lanka (X% per year).

Export Prices by Country

In 2022, the average crude coconut oil export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Sri Lanka ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Coconut Oil Imports

Imports into France

After two years of growth, supplies from abroad of crude coconut (copra) oil decreased by X% to X tons in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, crude coconut oil imports dropped slightly to $X in 2022. Overall, total imports indicated a notable 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, imports increased by X% against 2019 indices. 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, and then declined modestly in the following year.

Imports by Country

The Philippines (X tons), Indonesia (X tons) and French Polynesia (X tons) were the main suppliers of crude coconut oil imports to France, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases for the other leaders experienced a decline.

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

From 2012 to 2022, the average annual growth rate of value from the Philippines totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and French Polynesia (X% per year).

Import Prices by Country

The average crude coconut oil import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, import price indicated a moderate 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, crude coconut oil import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2017; afterwards, it flattened through to 2022.

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

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

Source: IndexBox Platform

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