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

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Crude Coconut Oil Market Size in Turkey

The Turkish crude coconut oil market reduced rapidly to $X in 2019, with a decrease 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 showed a precipitous decline. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2011 to 2019, the growth of the market remained at a somewhat lower figure.

Crude Coconut Oil Exports

Exports from Turkey

After seven years of decline, shipments abroad of crude coconut (copra) oil increased by X% to X kg in 2019. Over the period under review, exports, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2011; however, from 2012 to 2019, exports remained at a lower figure.

In value terms, crude coconut oil exports reached $X in 2019. Overall, exports, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

Qatar (X kg) was the main destination for crude coconut oil exports from Turkey, with a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Qatar totaled +X%.

In value terms, Qatar ($X) also remains the key foreign market for crude coconut oil exports from Turkey.

From 2007 to 2019, the average annual growth rate of value to Qatar totaled +X%.

Export Prices by Country

In 2019, the average crude coconut oil export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2018, and then fell significantly in the following year.

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

From 2007 to 2019, the rate of growth in terms of prices for Qatar amounted to +X% per year.

Crude Coconut Oil Imports

Imports into Turkey

In 2019, approx. X tonnes of crude coconut (copra) oil were imported into Turkey; declining by -X% against the previous year. Over the period under review, imports showed a significant decline. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, crude coconut oil imports reduced sharply to $X in 2019. Overall, imports showed a sharp reduction. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Malaysia (X tonnes) was the main supplier of crude coconut oil to Turkey, accounting for a X% share of total imports. Moreover, crude coconut oil imports from Malaysia exceeded the figures recorded by the second-largest supplier, Indonesia (X tonnes), more than tenfold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Malaysia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-X% per year) and Germany (+X% per year).

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

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

Import Prices by Country

In 2019, the average crude coconut oil import price amounted to $X per tonne, growing by X% against the previous year. In general, the import price posted a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Philippines, 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 coconut (copra) oil in the world?
+
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. India, Germany, the Netherlands, Viet Nam, China, Mexico, Bangladesh, Italy and South Korea lagged somewhat behind, together accounting for a further 40%.
What are the largest producers of coconut (copra) oil in the world?
+
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. Viet Nam, Mexico, Bangladesh and Sri Lanka lagged somewhat behind, together comprising a further 13%.
What are the leading suppliers of coconut (copra) oil to Turkey?
+
In value terms, Malaysia ($14M) constituted the largest supplier of coconut oil to Turkey, comprising 86% of total imports. The second position in the ranking was occupied by Indonesia ($947K), with a 5.8% share of total imports.
What are the leading importers of coconut (copra) oil from Turkey?
+
In value terms, the largest markets for coconut oil exported from Turkey were Iraq ($7.3K), Cyprus ($4K) and Azerbaijan ($1.7K), with a combined 80% share of total exports. These countries were followed by the United Arab Emirates, Germany and the U.S., which together accounted for a further 12%.
What is the average export price for coconut (copra) oil in Turkey?
+
The average coconut oil export price stood at $4,834 per tonne in 2019, falling by -16.5% against the previous year.
What is the average import price for coconut (copra) oil in Turkey?
+
In 2019, the average coconut oil import price amounted to $1,010 per tonne, dropping by -29.9% 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 Turkey. 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:
• Turkey

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Turkey
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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