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

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Crude Coconut Oil Market Size in Norway

The Norwegian crude coconut oil market declined dramatically to $X in 2019, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Crude coconut oil consumption peaked at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Crude Coconut Oil Exports

Exports from Norway

In 2019, shipments abroad of crude coconut (copra) oil decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a noticeable expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, crude coconut oil exports shrank dramatically to $X in 2019. Over the period under review, exports, however, saw a notable expansion. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for crude coconut oil exports from Norway, accounting for a X% share of total exports. Moreover, crude coconut oil exports to the U.S. exceeded the volume sent to the second major destination, Finland (X kg), ninefold. The third position in this ranking was occupied by Germany (X kg), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to the U.S. was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+X% per year) and Germany (+X% per year).

In value terms, the U.S. ($X) emerged as the key foreign market for crude coconut oil exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Finland ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the U.S. was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+X% per year) and Germany (-X% per year).

Export Prices by Country

The average crude coconut oil export price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2010; however, from 2011 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to the Netherlands ($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 the U.S., while the prices for the other major destinations experienced a decline.

Crude Coconut Oil Imports

Imports into Norway

In 2019, crude coconut oil imports into Norway declined significantly to X tonnes, waning by -X% on the previous year's figure. In general, imports, however, recorded measured growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2015; however, from 2016 to 2019, imports remained at a lower figure.

In value terms, crude coconut oil imports contracted remarkably to $X in 2019. Over the period under review, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2019, the growth imports failed to regain the momentum.

Imports by Country

Sri Lanka (X tonnes), Germany (X tonnes) and the Netherlands (X tonnes) were the main suppliers of crude coconut oil imports to Norway, together comprising X% of total imports.

From 2007 to 2019, the biggest increases were in Sri Lanka (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crude coconut oil suppliers to Norway were Germany ($X), Sri Lanka ($X) and the Netherlands ($X), together comprising X% of total imports.

Sri Lanka (+X% per year) saw the highest rates of growth with regard to 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 crude coconut oil import price amounted to $X per tonne, increasing by X% against the previous year. Overall, the import price continues to indicate a prominent expansion. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 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 Germany ($X per tonne), while the price for India ($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 Philippines, 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 coconut (copra) oil in the world?
+
The countries with the highest volumes of coconut oil consumption in 2019 were the U.S. (449K tonnes), the Philippines (342K tonnes) and Indonesia (329K tonnes), together accounting for 35% of global consumption. India, Germany, the Netherlands, Viet Nam, China, Mexico, Bangladesh, Italy and South Korea lagged somewhat behind, together comprising a further 40%.
What are the largest producers of coconut (copra) oil in the world?
+
The countries with the highest volumes of coconut oil production in 2019 were the Philippines (1.3M tonnes), Indonesia (874K tonnes) and India (314K tonnes), with a combined 77% share of global production. Viet Nam, Mexico, Bangladesh and Sri Lanka lagged somewhat behind, together accounting for a further 13%.
What are the leading suppliers of coconut (copra) oil to Norway?
+
In value terms, the Netherlands ($1.6M) constituted the largest supplier of coconut oil to Norway, comprising 43% of total imports. The second position in the ranking was occupied by Germany ($672K), with a 18% share of total imports. It was followed by Sweden, with a 18% share.
What are the leading importers of coconut (copra) oil from Norway?
+
In value terms, the U.S. ($56K) emerged as the key foreign market for coconut oil exports from Norway, comprising 86% of total exports. The second position in the ranking was occupied by the UK ($4.7K), with a 7.2% share of total exports. It was followed by Sweden, with a 5.4% share.
What is the average export price for coconut (copra) oil in Norway?
+
The average coconut oil export price stood at $5,235 per tonne in 2019, rising by 1.5% against the previous year.
What is the average import price for coconut (copra) oil in Norway?
+
The average coconut oil import price stood at $1,397 per tonne in 2019, dropping by -40.9% against the previous year.

Product coverage:
• FCL 252 - Oil of Coconuts

This report provides an in-depth analysis of the crude coconut oil market in Norway. 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:
• Norway

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Norway
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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