Report Latin America and the Caribbean - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Aug 31, 2022

Latin America and the Caribbean - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Crude Coconut Oil Market 2022

Crude Coconut Oil Market Size in Latin America and the Caribbean

In 2021, after two years of decline, there was growth in the Latin American crude coconut oil market, when its value increased by X% to $X. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Crude Coconut Oil Production in Latin America and the Caribbean

In value terms, crude coconut oil production rose slightly to $X in 2021 estimated in export price. The total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Crude Coconut Oil Exports

Exports in Latin America and the Caribbean

In 2021, crude coconut oil exports in Latin America and the Caribbean contracted to X tons, reducing by -X% against the year before. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, crude coconut oil exports contracted to $X in 2021. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Honduras was the largest exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Mexico (X tons) and Paraguay (X tons), together making up a X% share of total exports. The following exporters - the Dominican Republic (X tons) and Colombia (X tons) - together made up X% of total exports.

From 2012 to 2021, average annual rates of growth with regard to crude coconut oil exports from Honduras stood at +X%. At the same time, Colombia (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. By contrast, the Dominican Republic (-X%) and Paraguay (-X%) illustrated a downward trend over the same period. While the share of Honduras (+X p.p.), Mexico (+X p.p.) and Colombia (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Paraguay (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Honduras ($X) and Paraguay ($X) constituted the countries with the highest levels of exports in 2021, together accounting for X% of total exports. The Dominican Republic and Colombia lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of 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

The export price in Latin America and the Caribbean stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, crude coconut oil export price increased by +X% against 2019 indices. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Dominican Republic ($X per ton), while Honduras ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+X%), while the other leaders experienced more modest paces of growth.

Crude Coconut Oil Imports

Imports in Latin America and the Caribbean

In 2021, purchases abroad of crude coconut (copra) oil increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, imports, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, crude coconut oil imports fell to $X in 2021. In general, imports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of import peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Mexico (X tons) and Trinidad and Tobago (X tons) were the key importers of crude coconut (copra) oil in 2021, accounting for approx. X% and X% of total imports, respectively. Brazil (X tons) ranks next in terms of the total imports with an X% share, followed by Colombia (X%). The following importers - Argentina (X tons) and the Dominican Republic (X tons) - each recorded a X% share of total imports.

From 2012 to 2021, the biggest increases were in Trinidad and Tobago (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crude coconut oil importing markets in Latin America and the Caribbean were Trinidad and Tobago ($X), Mexico ($X) and Colombia ($X), with a combined X% share of total imports. Brazil, Argentina and the Dominican Republic lagged somewhat behind, together accounting for a further X Dominican Republic, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the import price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Colombia ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for crude coconut (copra) oil in LatAmerica and the Caribbean?
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Mexico constituted the country with the largest volume of crude coconut oil consumption, comprising approx. 71% of total volume. Moreover, crude coconut oil consumption in Mexico exceeded the figures recorded by the second-largest consumer, Venezuela, tenfold. The third position in this ranking was held by Brazil, with a 5.8% share.
What are the largest producers of crude coconut (copra) oil in LatAmerica and the Caribbean?
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The country with the largest volume of crude coconut oil production was Mexico, accounting for 72% of total volume. Moreover, crude coconut oil production in Mexico exceeded the figures recorded by the second-largest producer, Venezuela, tenfold. Brazil ranked third in terms of total production with a 5.6% share.
What are the leading suppliers of crude coconut (copra) oil in LatAmerica and the Caribbean?
+
In value terms, the largest crude coconut oil supplying countries in Latin America and the Caribbean were Mexico, Honduras and Paraguay, with a combined 76% share of total exports. The Dominican Republic and Colombia lagged somewhat behind, together comprising a further 13%.
What are the leading importers of crude coconut (copra) oil in LatAmerica and the Caribbean?
+
In value terms, the largest crude coconut oil importing markets in Latin America and the Caribbean were Trinidad and Tobago, Mexico and Colombia, together accounting for 64% of total imports. These countries were followed by Brazil, Argentina and the Dominican Republic, which together accounted for a further 26%.
What is the average export price for crude coconut (copra) oil in LatAmerica and the Caribbean?
+
In 2021, the export price in Latin America and the Caribbean amounted to $1,874 per ton, flattening at the previous year.
What is the average import price for crude coconut (copra) oil in LatAmerica and the Caribbean?
+
In 2021, the import price in Latin America and the Caribbean amounted to $2,191 per ton, falling by -23.5% against the previous year.

This report provides an in-depth analysis of the crude coconut oil market in Latin America and the Caribbean. 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 2030.


Product coverage:
• FCL 252 - Oil of Coconuts
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Curacao
• Falkland Islands (Malvinas)
• French Guiana
• Guadeloupe
• Guatemala
• Haiti
• Martinique
• Montserrat
• Panama
• Paraguay
• Saint Maarten (Dutch part)
• Turks and Caicos Islands
• United States Virgin Islands

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

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 2012–2021
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 2012–2021
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

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
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, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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