Report Update Nov 1, 2024

Argentina - Crude Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Crude Coconut Oil Market 2024

Crude Coconut Oil Market Size in Argentina

In 2022, the Argentinian crude coconut oil market decreased by -72.9% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption faced a abrupt setback. Crude coconut oil consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Crude Coconut Oil Exports

Exports from Argentina

In 2022, after two years of growth, there was significant decline in overseas shipments of crude coconut (copra) oil, when their volume decreased by -10% to X kg. Over the period under review, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 1,230% against the previous year. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, crude coconut oil exports rose remarkably to $X in 2022. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2016 when exports increased by 1,396% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X kg) was the main destination for crude coconut oil exports from Argentina, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Chile stood at -29.6%.

In value terms, Chile ($X) also remains the key foreign market for crude coconut (copra) oil exports from Argentina.

From 2012 to 2022, the average annual growth rate of value to Chile amounted to -22.3%.

Export Prices by Country

The average crude coconut oil export price stood at $X per ton in 2022, increasing by 23% against the previous year. Over the period under review, the export price showed a resilient increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 84%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +10.4% per year.

Crude Coconut Oil Imports

Imports into Argentina

In 2022, after three years of growth, there was significant decline in purchases abroad of crude coconut (copra) oil, when their volume decreased by -73.1% to X tons. Over the period under review, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 305%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, crude coconut oil imports shrank dramatically to $X in 2022. Overall, imports recorded a deep contraction. The growth pace was the most rapid in 2020 with an increase of 288%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Philippines (X tons) was the main crude coconut oil supplier to Argentina, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Philippines totaled +6.1%.

In value terms, the Philippines ($X) constituted the largest supplier of crude coconut (copra) oil to Argentina.

From 2012 to 2022, the average annual rate of growth in terms of value from the Philippines totaled +12.6%.

Import Prices by Country

The average crude coconut oil import price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the import price saw a remarkable increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 75% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the Philippines.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +45.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of in 2021 were the United States, the Netherlands and Indonesia, together accounting for 35% of global consumption. These countries were followed by India, Germany, Vietnam, China, Sri Lanka, Mexico, Malaysia, Italy, France and South Korea, which together accounted for a further 42%.

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

The countries with the highest volumes of in 2021 were the Philippines, Indonesia and India, together comprising 70% of global production. These countries were followed by the Netherlands, Vietnam, Mexico and Sri Lanka, which together accounted for a further 19%.

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

In value terms, Malaysia, the Philippines and Indonesia were the largest coconut oil suppliers to Argentina, together accounting for 89% of total imports. Sri Lanka lagged somewhat behind, accounting for a further 7.3%.

What are the leading importers of coconut (copra) oil from Argentina?

In value terms, Chile remains the key foreign market for coconut oil exports from Argentina.

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

The average coconut oil export price stood at $3,873 per ton in 2021, with a decrease of -18.8% against the previous year.

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

In 2021, the average coconut oil import price amounted to $1,819 per ton, jumping by 47% against the previous year.

This report provides an in-depth analysis of the crude coconut oil market in Argentina. 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:

Argentina

Data coverage:

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