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Greece - Refined Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Greece: Refined Coconut Oil Market Overview 2021

Refined Coconut Oil Market Size in Greece

In 2019, the Greek refined coconut oil market decreased by -X% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2012 to 2019, the growth of the market failed to regain the momentum.

Refined Coconut Oil Production in Greece

In value terms, refined coconut oil production dropped to $X in 2019 estimated in export prices. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2012 to 2019, production growth remained at a lower figure.

Refined Coconut Oil Exports

Exports from Greece

In 2019, shipments abroad of refined coconut (copra) oil decreased by -X% to X tonnes, falling for the sixth consecutive year after two years of growth. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, refined coconut oil exports reduced dramatically to $X in 2019. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for refined coconut oil exports from Greece, accounting for a X% share of total exports. Moreover, refined coconut oil exports to the United Arab Emirates exceeded the volume sent to the second major destination, Romania (X tonnes), fivefold. The third position in this ranking was occupied by Serbia (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Serbia (+X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for refined coconut oil exports from Greece, comprising X% of total exports. The second position in the ranking was occupied by Romania ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the United Arab Emirates stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Bulgaria (-X% per year).

Export Prices by Country

The average refined coconut oil export price stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Bulgaria ($X per tonne), while the average price for exports to Germany ($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 Romania, while the prices for the other major destinations experienced more modest paces of growth.

Refined Coconut Oil Imports

Imports into Greece

In 2019, overseas purchases of refined coconut (copra) oil increased by X% to X tonnes, rising for the fifth consecutive year after two years of decline. Overall, imports recorded resilient growth. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2019 and are likely to see gradual growth in the immediate term.

In value terms, refined coconut oil imports fell to $X in 2019. Over the period under review, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2018, and then declined in the following year.

Imports by Country

Italy (X tonnes), the Netherlands (X tonnes) and Indonesia (X tonnes) were the main suppliers of refined coconut oil imports to Greece, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest refined coconut oil suppliers to Greece were Italy ($X), the Netherlands ($X) and Indonesia ($X), with a combined X% share of total imports.

Among the main suppliers, Italy saw the highest growth rate of the value of imports, 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, reducing by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2017; however, from 2018 to 2019, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per tonne), while the price for Indonesia ($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 a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined coconut (copra) oil in the world?
+
The U.S. (24M tonnes) remains the largest refined coconut oil consuming country worldwide, 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. India (1.3M tonnes) ranked third in terms of total consumption 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 Greece?
+
In value terms, Italy ($3.8M), the Netherlands ($2.1M) and Indonesia ($777K) constituted the largest refined coconut oil suppliers to Greece, with a combined 94% share of total imports.
What are the leading importers of refined coconut (copra) oil from Greece?
+
In value terms, the United Arab Emirates ($7.1K) emerged as the key foreign market for refined coconut oil exports from Greece, comprising 57% of total exports. The second position in the ranking was occupied by Romania ($2.5K), with a 20% share of total exports. It was followed by Bulgaria, with a 9.2% share.
What is the average export price for refined coconut (copra) oil in Greece?
+
In 2019, the average refined coconut oil export price amounted to $1,153 per tonne, falling by -36.3% against the previous year.
What is the average import price for refined coconut (copra) oil in Greece?
+
The average refined coconut oil import price stood at $1,245 per tonne in 2019, dropping by -28.5% 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 Greece. 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:
• Greece

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Greece
• 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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