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Report CIS - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

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

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CIS: Coconut Oil Market 2025

Coconut Oil Exports

Exports in CIS

In 2022, overseas shipments of coconut (copra) oil decreased by -25.7% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 130%. As a result, the exports attained the peak of X tons, and then reduced rapidly in the following year.

In value terms, coconut oil exports dropped markedly to $X in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 223%. As a result, the exports attained the peak of $X, and then dropped sharply in the following year.

Exports by Country

Russia prevails in exports structure, accounting for X tons, which was near 94% of total exports in 2022. Kazakhstan (X tons) took a relatively small share of total exports.

Russia was also the fastest-growing in terms of the coconut (copra) oil exports, with a CAGR of +32.5% from 2012 to 2022. Kazakhstan experienced a relatively flat trend pattern. Russia (+42 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -39.9% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest coconut oil supplier in the CIS, comprising 95% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 4.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to +29.4%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, with a decrease of -9.4% against the previous year. Over the period under review, the export price recorded a mild setback. The pace of growth appeared the most rapid in 2021 when the export price increased by 41%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.2%).

Coconut Oil Imports

Imports in CIS

In 2022, after three years of growth, there was significant decline in supplies from abroad of coconut (copra) oil, when their volume decreased by -7.7% to X tons. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 27%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, coconut oil imports dropped to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 97% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

Russia prevails in imports structure, accounting for X tons, which was approx. 77% of total imports in 2022. It was distantly followed by Uzbekistan (X tons) and Belarus (X tons), together constituting a 15% share of total imports. Kyrgyzstan (X tons) and Azerbaijan (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to coconut oil imports into Russia stood at -2.1%. At the same time, Azerbaijan (+28.4%), Kyrgyzstan (+9.7%), Uzbekistan (+5.0%) and Belarus (+4.7%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +28.4% from 2012-2022. While the share of Uzbekistan (+9.2 p.p.), Belarus (+2.5 p.p.), Kyrgyzstan (+2.2 p.p.) and Azerbaijan (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (-12.1 p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported coconut (copra) oil in the CIS, comprising 68% of total imports. The second position in the ranking was held by Uzbekistan ($X), with an 11% share of total imports. It was followed by Belarus, with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled -1.4%. In the other countries, the average annual rates were as follows: Uzbekistan (+17.0% per year) and Belarus (+7.7% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, dropping by -6.6% against the previous year. Import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut oil import price increased by +54.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 55%. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+13.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Russia constituted the country with the largest volume of coconut oil consumption, accounting for 80% of total volume. Moreover, coconut oil consumption in Russia exceeded the figures recorded by the second-largest consumer, Uzbekistan, ninefold. Belarus ranked third in terms of total consumption with a 3.9% share.
In value terms, Russia remains the largest coconut oil supplier in the CIS.
In value terms, Russia constitutes the largest market for imported coconut copra) oil in the CIS, comprising 80% of total imports. The second position in the ranking was occupied by Uzbekistan, with an 8.7% share of total imports. It was followed by Belarus, with a 4% share.
The export price in the CIS stood at $1,742 per ton in 2021, growing by 22% against the previous year.
In 2021, the import price in the CIS amounted to $1,864 per ton, rising by 56% against the previous year.

This report provides an in-depth analysis of the coconut oil market in CIS. 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
  • Production in CIS, split by region and country
  • Trade (exports and imports) in CIS
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Armenia
    • Azerbaijan
    • Belarus
    • Kazakhstan
    • Kyrgyzstan
    • Moldova
    • Russia
    • Tajikistan
    • Uzbekistan

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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