Germany - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGermany's Crude Coconut Oil Imports Decline by 34% to $185 Million in 2023
Germany Crude Coconut Oil Imports
In 2023, after two years of growth, there was significant decline in purchases abroad of crude coconut (copra) oil, when their volume decreased by -5.4% to 143K tons. In general, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 136% against the previous year. Imports peaked at 197K tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
In value terms, crude coconut oil imports contracted sharply to $185M (IndexBox estimates) in 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. Imports peaked at $282M in 2022, and then dropped markedly in the following year.
| COUNTRY | Import Value of Crude Coconut Oil in Germany (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Indonesia | 104 | 142 | 133 | 63.7 | 47.8 | 114 | 44.5 | 32.4 | 44.2 | 48.1 | 82.0 |
| Philippines | 45.2 | 92.2 | 75.2 | 54.6 | 42.2 | 44.4 | 56.7 | 42.2 | 122 | 191 | 67.5 |
| Netherlands | 8.8 | 14.1 | 13.8 | 11.1 | 14.9 | 14.3 | 11.6 | 12.3 | 16.5 | 18.7 | 21.2 |
| Sri Lanka | 1.3 | 3.8 | 7.4 | 11.0 | 21.6 | 15.0 | 6.9 | 10.1 | 12.0 | 8.2 | 6.8 |
| Slovenia | N/A | N/A | N/A | N/A | N/A | 0.1 | 1.0 | 2.3 | 4.7 | 2.9 | 3.0 |
| Malaysia | 4.7 | N/A | N/A | N/A | 2.6 | 1.8 | 3.5 | N/A | 0.7 | 7.5 | 2.8 |
| Others | 9.0 | 2.6 | 3.2 | 0.8 | 1.6 | 4.6 | 8.7 | 7.8 | 11.1 | 5.1 | 1.5 |
| Total | 173 | 254 | 233 | 141 | 131 | 194 | 133 | 107 | 212 | 282 | 185 |
Imports by Country
Indonesia (71K tons), the Philippines (54K tons) and the Netherlands (12K tons) were the main suppliers of crude coconut oil imports to Germany, with a combined 96% share of total imports. Malaysia, Sri Lanka and Slovenia lagged somewhat behind, together comprising a further 3.5%.
From 2013 to 2023, the biggest increases were recorded for Slovenia (with a CAGR of +97.2%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest crude coconut oil suppliers to Germany were Indonesia ($82M), the Philippines ($67M) and the Netherlands ($21M), with a combined 92% share of total imports. Sri Lanka, Slovenia and Malaysia lagged somewhat behind, together accounting for a further 6.8%.
Among the main suppliers, Slovenia, with a CAGR of +102.0%, saw the highest rates of growth with regard to 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
In 2023, the crude coconut oil price stood at $1,291 per ton (CIF, Germany), reducing by -30.7% against the previous year. In general, the import price, however, recorded a moderate increase. The growth pace was the most rapid in 2014 when the average import price increased by 51%. The import price peaked at $2,122 per ton in 2017; however, from 2018 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Sri Lanka ($3,605 per ton), while the price for Malaysia ($1,128 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the crude coconut oil market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
