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

Refined Coconut Oil Market Size in the Middle East

The Middle Eastern refined coconut oil market rose to $X in 2019, increasing by X% against the previous year. The total consumption indicated a temperate expansion from 2007 to 2019: its value 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, consumption decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2018 to 2019, the growth of the market remained at a lower figure.

Refined Coconut Oil Production in the Middle East

In value terms, refined coconut oil production expanded slightly to $X in 2019 estimated in export prices. Overall, production posted buoyant growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2018 to 2019, production growth remained at a lower figure.

Production By Country in the Middle East

The countries with the highest volumes of refined coconut oil production in 2019 were Turkey (X tonnes), Iran (X tonnes) and Saudi Arabia (X tonnes), with a combined X% share of total production. These countries were followed by Iraq, Syrian Arab Republic, Yemen, Israel and Jordan, which together accounted for a further X 2007 to 2019, the biggest increases were in Yemen, while refined coconut oil production for the other leaders experienced more modest paces of growth.

Refined Coconut Oil Exports

Exports in the Middle East

In 2019, shipments abroad of refined coconut (copra) oil decreased by -X% to X tonnes, falling for the third consecutive year after four years of growth. Overall, exports, however, continue to indicate a notable increase. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. The volume of export peaked at X tonnes in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

In value terms, refined coconut oil exports surged to $X in 2019. In general, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

Exports by Country

Yemen (X tonnes) and the United Arab Emirates (X tonnes) represented the largest exporters of refined coconut (copra) oil in 2019, recording approx. X% and X% of total exports, respectively. It was distantly followed by Oman (X tonnes), generating an X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Oman, while exports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the largest refined coconut oil supplier in the Middle East, comprising X% of total exports. The second position in the ranking was occupied by Yemen ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value in the United Arab Emirates totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Yemen (+X% per year) and Oman (+X% per year).

Export Prices by Country

In 2019, the refined coconut oil export price in the Middle East amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The level of export peaked in 2019 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was the United Arab Emirates ($X per tonne), while Oman ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Yemen, while the other leaders experienced mixed trends in the export price figures.

Refined Coconut Oil Imports

Imports in the Middle East

For the third consecutive year, the Middle East recorded growth in overseas purchases of refined coconut (copra) oil, which increased by X% to X tonnes in 2019. Total imports indicated a resilient expansion from 2007 to 2019: its volume 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, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2009 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2019 and are likely to see steady growth in years to come.

In value terms, refined coconut oil imports contracted to $X in 2019. Over the period under review, imports posted buoyant growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. The level of import peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Turkey (X tonnes) and Iran (X tonnes) represented the largest importers of refined coconut (copra) oil in the Middle East, together recording approx. X% of total imports. The United Arab Emirates (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Kuwait (X%). Israel (X tonnes), Lebanon (X tonnes), Iraq (X tonnes), Saudi Arabia (X tonnes), Syrian Arab Republic (X tonnes), Jordan (X tonnes) and Oman (X tonnes) followed a long way behind the leaders.

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

In value terms, Turkey ($X), the United Arab Emirates ($X) and Iran ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of total imports. These countries were followed by Kuwait, Saudi Arabia, Israel, Oman, Lebanon, Iraq, Jordan and Syrian Arab Republic, which together accounted for a further 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 refined coconut oil import price in the Middle East stood at $X per tonne in 2019, falling by -X% against the previous year. Import price indicated a modest 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 most prominent rate of growth was recorded in 2011 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Oman ($X per tonne), while Iran ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Oman, 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 the the Middle East?
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The countries with the highest volumes of refined coconut oil consumption in 2019 were Turkey (366K tonnes), Iran (287K tonnes) and Saudi Arabia (169K tonnes), with a combined 62% share of total consumption. These countries were followed by Iraq, Syrian Arab Republic, Yemen, Israel, the United Arab Emirates and Lebanon, which together accounted for a further 32%.
What are the largest producers of refined coconut (copra) oil in the the Middle East?
+
The countries with the highest volumes of refined coconut oil production in 2019 were Turkey (350K tonnes), Iran (273K tonnes) and Saudi Arabia (167K tonnes), together comprising 63% of total production. These countries were followed by Iraq, Syrian Arab Republic, Yemen, Israel and Jordan, which together accounted for a further 30%.
What are the leading suppliers of refined coconut (copra) oil in the the Middle East?
+
In value terms, the United Arab Emirates ($1M) remains the largest refined coconut oil supplier in the Middle East, comprising 61% of total exports. The second position in the ranking was occupied by Yemen ($478K), with a 28% share of total exports.
What are the leading importers of refined coconut (copra) oil in the the Middle East?
+
In value terms, Turkey ($16M), the United Arab Emirates ($15M) and Iran ($13M) appeared to be the countries with the highest levels of imports in 2019, together accounting for 60% of total imports. Kuwait, Saudi Arabia, Israel, Oman, Lebanon, Iraq, Jordan and Syrian Arab Republic lagged somewhat behind, together comprising a further 34%.
What is the average export price for refined coconut (copra) oil in the the Middle East?
+
In 2019, the refined coconut oil export price in the Middle East amounted to $3,064 per tonne, with an increase of 42% against the previous year.
What is the average import price for refined coconut (copra) oil in the the Middle East?
+
The refined coconut oil import price in the Middle East stood at $1,271 per tonne in 2019, which is down by -24.1% 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 the Middle East. 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:
• Bahrain
• Jordan
• Lebanon
• Palestine
• Syrian Arab Republic
• Yemen

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

• Bahrain
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Oman
• Palestine
• Qatar
• Saudi Arabia
• Syrian Arab Republic
• Turkey
• United Arab Emirates
• Yemen
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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