China - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Coconut Oil Prices in China
China Crude Coconut Oil Import Price in September 2022
In September 2022, the crude coconut oil price amounted to $4,292 per ton (CIF, China), falling by -22.2% against the previous month. In general, the import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in February 2022 an increase of 256% month-to-month. As a result, import price reached the peak level of $5,839 per ton. From March 2022 to September 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was the Philippines ($28.3 per kg), while the price for Vietnam ($1,401 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.
China Crude Coconut Oil Imports
For the third consecutive month, China recorded decline in purchases abroad of crude coconut (copra) oil, which decreased by -58.2% to 31 tons in September 2022. Over the period under review, imports recorded a sharp descent. The growth pace was the most rapid in March 2022 with an increase of 1,013% month-to-month. Imports peaked at 828 tons in June 2022; however, from July 2022 to September 2022, imports remained at a lower figure.
In value terms, crude coconut oil imports fell notably to $135K (IndexBox estimates) in September 2022. In general, imports faced a dramatic decrease. The most prominent rate of growth was recorded in March 2022 with an increase of 295% month-to-month. Over the period under review, imports hit record highs at 1.5K tons in June 2022; however, from July 2022 to September 2022, imports stood at a somewhat lower figure.
China Crude Coconut Oil Imports by Country
In September 2022, Vietnam (20 tons) constituted the largest supplier of crude coconut oil to China, accounting for a 63% share of total imports. Moreover, crude coconut oil imports from Vietnam exceeded the figures recorded by the second-largest supplier, France (4.6 tons), fourfold. The third position in this ranking was held by Thailand (4.2 tons), with a 13% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume from Vietnam totaled -36.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+14.8% per month) and Thailand (+68.8% per month).
In value terms, the largest crude coconut oil suppliers to China were the Philippines ($35K), Thailand ($34K) and Vietnam ($28K), together accounting for 72% of total imports.
Thailand, with a CAGR of +58.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
This report provides an in-depth analysis of the crude coconut oil market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the crude coconut oil market in China.
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224
In February 2023, the coconut oil import price in China amounted to $1,201 per ton (CIF, China), reducing by -3.9% against the previous month. The amount of coconut (copra) oil imported into China declined significantly to 12K tons, reducing by -38.2% on the previous month. Refined coconut (copra) oil (12K tons) was the main type of coconut oil supplied to China, accounting for a approximately 100% share of total imports. Indonesia (9.5K tons) was the largest coconut oil supplier to China, accounting for a 81% share of total imports. In value terms, Indonesia ($11M) constituted the largest supplier of coconut oil to China, comprising 80% of total imports.
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In April 2023, the refined coconut oil price amounted to $1,173 per ton (CIF, China), stabilizing at the previous month.
1956
From 2007 to 2016, the value of the global coconut oil market showed an unstable dynamic trend. However, in 2016, the value of the global coconut oil market expanded to X billion USD. The main reason for this can be explained by the rise in the price
5539
Global coconut oil consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
5550
Global coconut oil exports amounted to X thousand tons in 2015, flattening at the previous year level.
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Global coconut oil imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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In 2015, the countries with the highest levels of coconut oil production were the Philippines (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
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The Philippines dominates in the global coconut oil trade. In 2014, the Philippines exported X thousand tons of coconut oil totaling X USD, X% under the previous year. Its primary trading partner was the Republic of Korea, where it supplied X%
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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.
