
Romania - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
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Romania: Crude Coconut Oil Market Overview 2021
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Crude Coconut Oil Market Size in Romania
In 2019, the Romanian crude coconut oil market decreased by -X% to $X, falling for the second consecutive year after eight years of growth. Overall, consumption, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.
Crude Coconut Oil Exports
Exports from Romania
Crude coconut oil exports from Romania totaled X tonnes in 2019, almost unchanged from 2018 figures. In general, exports continue to indicate a remarkable increase. Exports peaked in 2019 and are expected to retain growth in the immediate term.
In value terms, crude coconut oil exports totaled $X in 2019. Over the period under review, exports posted a strong expansion. Exports peaked in 2019 and are likely to see steady growth in the near future.
Exports by Country
Denmark (X kg) and the UK (X kg) were the main destinations of crude coconut oil exports from Romania, with a combined X% share of total exports.
From 2007 to 2019, the biggest increases were in Denmark.
In value terms, Denmark ($X) and the UK ($X) constituted the largest markets for crude coconut oil exported from Romania worldwide, together comprising X% of total exports.
Denmark saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.
Export Prices by Country
The average crude coconut oil export price stood at $X per tonne in 2019, leveling off at the previous year. In general, the export price showed a perceptible shrinkage. Over the period under review, average export prices attained the peak figure at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2019, the country with the highest price was Denmark ($X per tonne), while the average price for exports to the UK stood at $X per tonne.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Denmark.
Crude Coconut Oil Imports
Imports into Romania
In 2019, overseas purchases of crude coconut (copra) oil decreased by -X% to X tonnes, falling for the second consecutive year after six years of growth. In general, imports, however, enjoyed a measured increase. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2017; however, from 2018 to 2019, imports failed to regain the momentum.
In value terms, crude coconut oil imports shrank notably to $X in 2019. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.
Imports by Country
In 2019, Germany (X tonnes) constituted the largest supplier of crude coconut oil to Romania, accounting for a X% share of total imports. Moreover, crude coconut oil imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), fourfold. The third position in this ranking was occupied by Bulgaria (X tonnes), with a X% share.
From 2007 to 2019, the average annual growth rate of volume from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Bulgaria (-X% per year).
In value terms, Germany ($X) constituted the largest supplier of crude coconut oil to Romania, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.
From 2007 to 2019, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Sweden (+X% per year).
Import Prices by Country
In 2019, the average crude coconut oil import price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the import price, however, showed a remarkable increase. 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 maximum at $X per tonne in 2018, and then fell in the following year.
Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for Sweden ($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 Czech Republic, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for crude coconut (copra) oil in the world?+
The countries with the highest volumes of crude coconut oil consumption in 2019 were the Philippines (729K tonnes), Indonesia (624K tonnes) and the Netherlands (341K tonnes), with a combined 51% share of global consumption. India, Malaysia, the U.S., Viet Nam, Germany, Mexico and Bangladesh lagged somewhat behind, together accounting for a further 35%.
What are the largest producers of crude coconut (copra) oil in the world?+
The countries with the highest volumes of crude 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 crude coconut (copra) oil to Romania?+
In value terms, Germany ($310K) constituted the largest supplier of crude coconut oil to Romania, comprising 52% of total imports. The second position in the ranking was occupied by the Netherlands ($65K), with a 11% share of total imports. It was followed by Sweden, with a 6.7% share.
What are the leading importers of crude coconut (copra) oil from Romania?+
In value terms, Denmark ($2.6K) and the UK ($1.4K) were the largest markets for crude coconut oil exported from Romania worldwide, together comprising 98% of total exports.
What is the average export price for crude coconut (copra) oil in Romania?+
The average crude coconut oil export price stood at $3,162 per tonne in 2019, remaining stable against the previous year.
What is the average import price for crude coconut (copra) oil in Romania?+
In 2019, the average crude coconut oil import price amounted to $4,989 per tonne, shrinking by -14.1% against the previous year.
This report provides an in-depth analysis of the crude coconut oil market in Romania. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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