Report Spain - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Spain - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights

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Spain: Crude Coconut Oil Market 2023

Crude Coconut Oil Market Size in Spain

In 2021, the Spanish crude coconut oil market increased by 43% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption showed buoyant growth. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.

Crude Coconut Oil Exports

Exports from Spain

Crude coconut oil exports from Spain expanded remarkably to X tons in 2021, surging by 13% on the previous year's figure. Overall, exports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2013 with an increase of 306% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, crude coconut oil exports shrank modestly to $X in 2021. Over the period under review, exports showed perceptible growth. The pace of growth appeared the most rapid in 2013 when exports increased by 212% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons), France (X tons) and Jordan (X tons) were the main destinations of crude coconut oil exports from Spain, together comprising 68% of total exports.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +38.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and Syrian Arab Republic ($X) were the largest markets for crude coconut oil exported from Spain worldwide, with a combined 58% share of total exports.

France, with a CAGR of +56.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average crude coconut oil export price stood at $X per ton in 2021, with a decrease of -14.8% against the previous year. Over the period under review, the export price, however, saw a strong increase. The growth pace was the most rapid in 2017 an increase of 53%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then dropped in the following year.

Prices varied noticeably country of destination: the country with the highest price was Costa Rica ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Coconut Oil Imports

Imports into Spain

In 2021, approx. X tons of crude coconut (copra) oil were imported into Spain; growing by 8.2% compared with 2020 figures. Over the period under review, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 64% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, crude coconut oil imports skyrocketed to $X in 2021. In general, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Philippines (X tons) was the main supplier of crude coconut oil to Spain, with a 92% share of total imports. Moreover, crude coconut oil imports from the Philippines exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Philippines totaled +8.4%.

In value terms, the Philippines ($X) constituted the largest supplier of crude coconut oil to Spain, comprising 88% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 6.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the Philippines amounted to +10.4%.

Import Prices by Country

The average crude coconut oil import price stood at $X per ton in 2021, with an increase of 57% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, crude coconut oil import price increased by +76.2% against 2019 indices. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Indonesia ($X per ton), while the price for the Philippines amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+2.7%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for coconut (copra) oil in the world?
+
The countries with the highest volumes of consumption in 2021 were the Philippines, the United States and the Netherlands, together comprising 40% of global consumption. These countries were followed by Indonesia, India, Malaysia, Germany, China, Vietnam, Mexico, Sri Lanka and Italy, which together accounted for a further 40%.
What are the largest producers of coconut (copra) oil in the world?
+
The countries with the highest volumes of production in 2021 were the Philippines, Indonesia and India, together comprising 67% of global production. These countries were followed by the Netherlands, Vietnam, Malaysia and Mexico, which together accounted for a further 21%.
What are the leading suppliers of coconut (copra) oil to Spain?
+
In value terms, the Philippines constituted the largest supplier of coconut oil to Spain, comprising 79% of total imports. The second position in the ranking was held by the Netherlands, with a 9% share of total imports. It was followed by Indonesia, with a 6.3% share.
What are the leading importers of coconut (copra) oil from Spain?
+
In value terms, the largest markets for coconut oil exported from Spain were France, Italy and Portugal, with a combined 75% share of total exports. These countries were followed by Belgium, Ireland, Switzerland and Brazil, which together accounted for a further 18%.
What is the average export price for coconut (copra) oil in Spain?
+
The average coconut oil export price stood at $1,997 per ton in 2021, jumping by 64% against the previous year.
What is the average import price for coconut (copra) oil in Spain?
+
The average coconut oil import price stood at $1,556 per ton in 2021, surging by 57% against the previous year.

This report provides an in-depth analysis of the crude coconut oil market in Spain. 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 2030.


Product coverage:
• FCL 252 - Oil of Coconuts
Country coverage:
• Spain

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Spain
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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