Romania: Crude Coconut Oil Market 2022

Crude Coconut Oil Market Size in Romania

The Romanian crude coconut oil market reached $X in 2021, with an increase 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, saw a abrupt descent. Crude coconut oil consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Crude Coconut Oil Exports

Exports from Romania

In 2021, overseas shipments of crude coconut (copra) oil increased by X% to X kg, rising for the fourth consecutive year after two years of decline. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, crude coconut oil exports skyrocketed to $X in 2021. In general, exports posted significant growth. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X kg) and Moldova (X kg) were the main destinations of crude coconut oil exports from Romania.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Moldova (with a CAGR of +X value terms, the largest markets for crude coconut oil exported from Romania were France ($X) and Moldova ($X terms of the main countries of destination, Moldova, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average crude coconut oil export price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Moldova totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+X%).

Crude Coconut Oil Imports

Imports into Romania

In 2021, the amount of crude coconut (copra) oil imported into Romania soared to X tons, jumping by X% compared with the previous year's figure. In general, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, crude coconut oil imports dropped to $X in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Bulgaria (X tons) and Italy (X tons) were the main suppliers of crude coconut oil imports to Romania, with a combined X% share of total imports. Hungary, the Czech Republic, Poland, Sri Lanka, Slovenia, France and Germany lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Bulgaria ($X) and Poland ($X) were the largest crude coconut oil suppliers to Romania, with a combined X% share of total imports. These countries were followed by the Czech Republic, Hungary, Italy, Sri Lanka, France, Germany and Slovenia, which together accounted for a further X terms of the main suppliers, Slovenia, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average crude coconut oil import price stood at $X per ton in 2021, waning by -X% against the previous year. Overall, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then contracted significantly in the following year.

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

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

Source: IndexBox Market Intelligence Platform