U.S. - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoconut Oil Prices in the United States
U.S. Coconut Oil Import Price per Ton in August 2022
In August 2022, the coconut oil price per ton amounted to $2.5K (CIF, US), picking up by 5.6% against the previous month. Over the last seven months, it increased at an average monthly rate of +3.4%. The pace of growth was the most pronounced in March 2022 when the average import price increased by 18% month-to-month. The import price peaked in August 2022.
Prices varied noticeably by the country of origin: the country with the highest price was India ($5.4K per ton), while the price for Malaysia ($2.0K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Coconut Oil Import Prices by Type
Average prices varied somewhat amongst the major supplied products. In August 2022, the product with the highest price was crude coconut (copra) oil ($3.1K per ton), while the price for refined coconut (copra) oil totaled $2.4K per ton.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by crude coconut oil (+8.0%).
U.S. Coconut Oil Imports
After two months of growth, purchases abroad of coconut (copra) oil decreased by -52.1% to 25K tons in August 2022. In general, imports faced a deep reduction. The most prominent rate of growth was recorded in April 2022 when imports increased by 92% month-to-month.
In value terms, coconut oil imports fell dramatically to $62M (IndexBox estimates) in August 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in April 2022 when imports increased by 76% against the previous month.
U.S. Coconut Oil Imports by Type
In August 2022, refined coconut (copra) oil (22K tons) constituted the largest type of coconut oil supplied to the United States, accounting for a 87% share of total imports. Moreover, refined coconut (copra) oil exceeded the figures recorded for the second-largest type, crude coconut (copra) oil (3.2K tons), sevenfold.
From January 2022 to August 2022, the average monthly rate of growth in terms of the volume of import of refined coconut (copra) oil stood at -6.3%.
In value terms, refined coconut (copra) oil ($52M) constituted the largest type of coconut oil supplied to the United States, comprising 84% of total imports. The second position in the ranking was taken by crude coconut (copra) oil ($10M), with a 16% share of total imports.
U.S. Coconut Oil Imports by Country
Malaysia (9K tons), the Philippines (8K tons) and Indonesia (6.6K tons) were the main suppliers of coconut oil imports to the United States, with a combined 93% share of total imports.
From January 2022 to August 2022, the biggest increases were in Malaysia (with a CAGR of +50.2%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the Philippines ($20M), Malaysia ($18M) and Indonesia ($17M) constituted the largest coconut oil suppliers to the United States, with a combined 89% share of total imports.
Malaysia, with a CAGR of +50.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the coconut oil market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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Learn how to start a successful business in the coconut oil market in the United States. This guide covers market overview, research and planning, legal requirements, sourcing, supply chain, and marketing strategies.
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In May 2022, the coconut oil price per ton stood at $2,366 per ton in May 2022, picking up by 12% against the previous month.
590
The average import coconut oil price per ton stood at $2,118 in Apr 2022, falling by -8.6% against the previous month.
915
In June 2022, the palm kernel oil price per tonstood at $2,746 per ton, increasing by 8.2% against the previous month.
295
In value terms, crude coconut oil imports soared to $20M in April 2023.
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In November 2022, the refined coconut oil price stood at $1,724 per ton (CIF, US), which is down by -9.7% against the previous month.
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Coconut oil prices will grow moderately this year, following the fundamental trend relevant to all vegetable oils. The average annual coconut oil price is set to grow by 2.3% y-o-y to $1,674 per ton in 2022 due to limited supply and rising logistic costs.
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In 2018, the Philippines (916K tons) was the main exporter of coconut (copra) oil, comprising 49% of the global exports...
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Prices for palm kernel oil spiked by 27% over the month, reaching $1,807 in October 2021. Compared to this year's January figures, the prices soared by +32%. In 2020, palm kernel exports dropped by -3.1% y-o-y in physical terms but grew by +8.9% y-o-y in value terms, reaching $2.5B. Indonesia remains the largest supplier, accounting for 56% of global exports of palm kernel oil. China, the U.S. and Germany constitute the most prominent importers of the product.
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Global palm kernel oil consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
