Qatar: Crude Coconut Oil Market Overview 2021

Crude Coconut Oil Market Size in Qatar

In 2019, the Qatari crude coconut oil market decreased by -X% to $X, falling for the second consecutive year after eleven years of growth. Over the period under review, consumption, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Crude Coconut Oil Exports

Exports from Qatar

In 2019, the amount of crude coconut (copra) oil exported from Qatar was estimated at X kg, standing approx. at the previous year's figure. Overall, exports recorded a relatively flat trend pattern. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

In value terms, crude coconut oil exports amounted to $X in 2019. In general, exports saw a relatively flat trend pattern. Exports peaked at $X in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

Exports by Country

India (X tonnes) was the main destination for crude coconut oil exports from Qatar, accounting for a approx. X% share of total exports.

From 2007 to 2015, the average annual rate of growth in terms of volume to India was relatively modest.

From 2007 to 2015, the average annual rate of growth in terms of value to India was relatively modest.

Export Prices by Country

In 2015, the average crude coconut oil export price amounted to $X per tonne, approximately reflecting the previous year. In general, the export price saw a relatively flat trend pattern. The export price peaked in 2015 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for India.

From 2007 to 2015, the rate of growth in terms of prices for India amounted to X% per year.

Crude Coconut Oil Imports

Imports into Qatar

After four years of growth, supplies from abroad of crude coconut (copra) oil decreased by -X% to X tonnes in 2019. Overall, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2018, and then reduced markedly in the following year.

In value terms, crude coconut oil imports fell sharply to $X in 2019. In general, imports, however, recorded resilient growth. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

Malaysia (X tonnes), India (X tonnes) and Oman (X tonnes) were the main suppliers of crude coconut oil imports to Qatar, 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 Oman, while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of crude coconut oil to Qatar, comprising X% of total imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Oman (+X% per year).

Import Prices by Country

The average crude coconut oil import price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the import price showed notable growth. The pace of growth was the most pronounced in 2014 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per tonne in 2015; however, from 2016 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 India ($X per tonne), while the price for Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, 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?

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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), with a combined 35% share of global consumption. These countries were followed by India, Germany, the Netherlands, Viet Nam, China, Mexico, Bangladesh, Italy and South Korea, which together accounted for a further 40%.

What are the largest producers of coconut (copra) oil in the world?

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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. These countries were followed by Viet Nam, Mexico, Bangladesh and Sri Lanka, which together accounted for a further 13%.

What are the leading suppliers of coconut (copra) oil to Qatar?

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In value terms, India ($2.1M) constituted the largest supplier of coconut oil to Qatar, comprising 72% of total imports. The second position in the ranking was occupied by Malaysia ($251K), with a 8.4% share of total imports.

What is the average export price for coconut (copra) oil in Qatar?

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The average coconut oil export price stood at $5,741 per tonne in 2015, almost unchanged from the previous year.

What is the average import price for coconut (copra) oil in Qatar?

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The average coconut oil import price stood at $2,838 per tonne in 2019, growing by 16% against the previous year.