Report Update Nov 1, 2024

Algeria - Refined Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Algeria: Refined Coconut Oil Market 2024

Refined Coconut Oil Market Size in Algeria

After six years of growth, the Algerian refined coconut oil market decreased by less than 0.1% to $X in 2022. The market value increased at an average annual rate of +3.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then contracted slightly in the following year.

Refined Coconut Oil Production in Algeria

In value terms, refined coconut oil production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the production volume increased by 18%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Refined Coconut Oil Exports

Exports from Algeria

In 2018, the amount of refined coconut (copra) oil exported from Algeria totaled X kg, leveling off at 2017 figures. In general, exports saw a sharp descent. The smallest decline of 99.9% was in 2013. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2018, the exports failed to regain momentum.

In value terms, refined coconut oil exports amounted to $X in 2018. Overall, exports showed a sharp decrease. The smallest decline of 99.9% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2018, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for refined coconut oil exports from Algeria, with a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to France was relatively modest.

From 2012 to 2018, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

The average refined coconut oil export price stood at $X per ton in 2018, approximately reflecting the previous year. Over the period under review, the export price showed a noticeable expansion. The pace of growth appeared the most rapid in 2013 when the average export price decreased by 99.9%. The export price peaked in 2018 and is likely to continue growth in years to come.

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

From 2012 to 2018, the rate of growth in terms of prices for France amounted to 0.0% per year.

Refined Coconut Oil Imports

Imports into Algeria

In 2022, refined coconut oil imports into Algeria contracted dramatically to X tons, falling by -23.4% on 2021. Over the period under review, imports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2017 with an increase of 573%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, refined coconut oil imports dropped significantly to $X in 2022. In general, imports showed a mild descent. The pace of growth was the most pronounced in 2017 when imports increased by 401%. Imports peaked at $X in 2021, and then declined dramatically in the following year.

Imports by Country

In 2022, Sweden (X tons) constituted the largest supplier of refined coconut oil to Algeria, accounting for a 20% share of total imports. It was followed by Belgium (X tons), with a 0.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden stood at +34.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+39.4% per year) and Germany (-51.0% per year).

In value terms, Sweden ($X) constituted the largest supplier of refined coconut (copra) oil to Algeria, comprising 25% of total imports. The second position in the ranking was taken by Belgium ($X), with a 0.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Sweden stood at +33.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+42.3% per year) and Germany (-48.4% per year).

Import Prices by Country

The average refined coconut oil import price stood at $X per ton in 2022, shrinking by -11.4% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined coconut oil import price increased by +65.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined coconut (copra) oil in the world?

The United States constituted the country with the largest volume of refined coconut oil consumption, accounting for 56% of total volume. Moreover, refined coconut oil consumption in the United States exceeded the figures recorded by the second-largest consumer, China, ninefold. The third position in this ranking was occupied by India, with a 2.4% share.

What are the largest producers of refined coconut (copra) oil in the world?

The United States constituted the country with the largest volume of refined coconut oil production, comprising approx. 55% of total volume. Moreover, refined coconut oil production in the United States exceeded the figures recorded by the second-largest producer, China, tenfold. India ranked third in terms of total production with a 2.4% share.

What are the leading suppliers of refined coconut (copra) oil to Algeria?

In value terms, Malaysia constituted the largest supplier of refined coconut oil to Algeria, comprising 67% of total imports. The second position in the ranking was occupied by Sweden, with a 33% share of total imports.

What is the average export price for refined coconut (copra) oil in Algeria?

In 2018, the average refined coconut oil export price amounted to $2,000 per ton, remaining constant against the previous year.

What is the average import price for refined coconut (copra) oil in Algeria?

In 2021, the average refined coconut oil import price amounted to $982 per ton, declining by -12.3% against the previous year.

This report provides an in-depth analysis of the refined coconut oil market in Algeria. 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:

Prodcom 10415800 - Refined coconut (copra) oil and its fractions (excluding chemically modified)

Country coverage:

Algeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Algeria
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023