Netherlands - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThe Netherlands Sees Significant Drop in Coconut Oil Imports, Falling to $418M in 2023
Netherlands Coconut Oil Imports
In 2023, after two years of growth, there was significant decline in purchases abroad of coconut (copra) oil, when their volume decreased by -13.3% to 360K tons. Overall, imports recorded a slight decline. The most prominent rate of growth was recorded in 2022 with an increase of 18%. Imports peaked at 433K tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
In value terms, coconut oil imports dropped rapidly to $418M (IndexBox estimates) in 2023. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 75%. Over the period under review, imports attained the maximum at $749M in 2022, and then declined rapidly in the following year.
| COUNTRY | Import Value of Coconut Oil in Netherlands (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Philippines | 316 | 335 | 318 | 394 | 468 | 391 | 252 | 235 | 450 | 629 | 269 |
| Indonesia | 51.5 | 41.7 | 44.6 | 33.3 | 70.5 | 51.3 | 34.0 | 42.7 | 47.2 | 80.3 | 109 |
| Germany | 1.4 | 0.3 | 0.5 | 5.7 | 4.6 | 3.4 | 4.8 | 2.8 | 3.9 | 6.8 | 12.9 |
| Belgium | 1.6 | 0.9 | 1.8 | 1.9 | 2.0 | 1.5 | 7.2 | 1.6 | 2.0 | 2.9 | 10.2 |
| Others | 10.6 | 12.2 | 19.8 | 26.9 | 22.4 | 12.0 | 20.1 | 12.7 | 14.1 | 30.5 | 16.6 |
| Total | 381 | 390 | 385 | 461 | 568 | 459 | 318 | 295 | 518 | 749 | 418 |
Imports by Country
In 2023, the Philippines (250K tons) constituted the largest supplier of coconut oil to the Netherlands, accounting for a 69% share of total imports. Moreover, coconut oil imports from the Philippines exceeded the figures recorded by the second-largest supplier, Indonesia (93K tons), threefold. The third position in this ranking was held by Germany (6.1K tons), with a 1.7% share.
From 2013 to 2023, the average annual growth rate of volume from the Philippines totaled -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+4.8% per year) and Germany (+17.5% per year).
In value terms, the Philippines ($269M) constituted the largest supplier of coconut (copra) oil to the Netherlands, comprising 64% of total imports. The second position in the ranking was taken by Indonesia ($109M), with a 26% share of total imports. It was followed by Germany, with a 3.1% share.
From 2013 to 2023, the average annual growth rate of value from the Philippines stood at -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+7.8% per year) and Germany (+25.1% per year).
Imports by Type
In 2023, crude coconut (copra) oil (338K tons) was the main type of coconut (copra) oil supplied to the Netherlands, accounting for a 94% share of total imports. Moreover, crude coconut (copra) oil exceeded the figures recorded for the second-largest type, refined coconut (copra) oil (21K tons), more than tenfold.
From 2013 to 2023, the average annual growth rate of the volume of crude coconut (copra) oil imports amounted to -2.4%.
In value terms, crude coconut (copra) oil ($373M) constituted the largest type of coconut (copra) oil supplied to the Netherlands, comprising 89% of total imports. The second position in the ranking was taken by refined coconut (copra) oil ($45M), with an 11% share of total imports.
Import Prices by Country
In 2023, the coconut oil price stood at $1,160 per ton (CIF, Netherlands), with a decrease of -35.7% against the previous year. Over the period under review, import price indicated a moderate increase from 2013 to 2023: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the average import price increased by 66%. Over the period under review, average import prices reached the maximum at $1,806 per ton in 2022, and then fell markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,123 per ton), while the price for the Philippines ($1,077 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the coconut oil market in the Netherlands. 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:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- 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
