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

Crude Coconut Oil Market Size in Thailand

The Thai crude coconut oil market contracted slightly to $X in 2019, approximately mirroring the previous year. Overall, consumption continues to indicate strong growth. The growth pace was the most rapid in 2014 when the market value increased by X% y-o-y. Crude coconut oil consumption peaked at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Crude Coconut Oil Production in Thailand

In value terms, crude coconut oil production fell modestly to $X in 2019 estimated in export prices. Over the period under review, production showed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Crude coconut oil production peaked at $X in 2017; however, from 2018 to 2019, production remained at a lower figure.

Crude Coconut Oil Exports

Exports from Thailand

Crude coconut oil exports from Thailand fell sharply to X tonnes in 2019, dropping by -X% against the year before. In general, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Exports peaked at X tonnes in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

In value terms, crude coconut oil exports shrank significantly to $X in 2019. Overall, exports continue to indicate a slight increase. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2016 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Japan (X tonnes) was the main destination for crude coconut oil exports from Thailand, accounting for a X% share of total exports. Moreover, crude coconut oil exports to Japan exceeded the volume sent to the second major destination, Iceland (X tonnes), threefold. The third position in this ranking was occupied by Kuwait (X tonnes), with a X% share.

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

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

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

Export Prices by Country

The average crude coconut oil export price stood at $X per tonne in 2019, surging by X% against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per tonne in 2017; however, from 2018 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Russia ($X per tonne), while the average price for exports to Lao People's Democratic Republic ($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 Iceland, while the prices for the other major destinations experienced more modest paces of growth.

Crude Coconut Oil Imports

Imports into Thailand

In 2019, the amount of crude coconut (copra) oil imported into Thailand expanded slightly to X tonnes, picking up by X% against 2018. Overall, imports enjoyed prominent growth. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

In value terms, crude coconut oil imports dropped significantly to $X in 2019. Over the period under review, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Indonesia (X tonnes) was the main crude coconut oil supplier to Thailand, with a X% share of total imports. It was followed by the Philippines (X tonnes), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from Indonesia amounted to +X%.

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

From 2007 to 2019, the average annual growth rate of value from Indonesia stood at +X%.

Import Prices by Country

The average crude coconut oil import price stood at $X per tonne in 2019, declining by -X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2017 to 2019, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Philippines ($X per tonne), while the price for Indonesia totaled $X per tonne.

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

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. These countries were followed by India, Malaysia, the U.S., Viet Nam, Germany, Mexico and Bangladesh, which together accounted 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. Viet Nam, Mexico, Bangladesh and Sri Lanka lagged somewhat behind, together accounting for a further 13%.
What are the leading suppliers of crude coconut (copra) oil to Thailand?
+
In value terms, Indonesia ($3.5M) constituted the largest supplier of crude coconut oil to Thailand, comprising 92% of total imports. The second position in the ranking was occupied by the Philippines ($206K), with a 5.4% share of total imports.
What are the leading importers of crude coconut (copra) oil from Thailand?
+
In value terms, Japan ($977K) emerged as the key foreign market for crude coconut oil exports from Thailand, comprising 34% of total exports. The second position in the ranking was occupied by Iceland ($397K), with a 14% share of total exports. It was followed by Kuwait, with a 9.1% share.
What is the average export price for crude coconut (copra) oil in Thailand?
+
In 2019, the average crude coconut oil export price amounted to $8,663 per tonne, growing by 2.2% against the previous year.
What is the average import price for crude coconut (copra) oil in Thailand?
+
In 2019, the average crude coconut oil import price amounted to $723 per tonne, shrinking by -33.8% 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 Thailand. 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:
• Thailand

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Thailand
• 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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