Report Update Nov 1, 2024

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

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Egypt: Crude Coconut Oil Market 2024

Crude Coconut Oil Market Size in Egypt

In 2022, the Egyptian crude coconut oil market decreased by -82.1% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption showed a sharp decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Crude Coconut Oil Exports

Exports from Egypt

In 2022, crude coconut oil exports from Egypt soared to X kg, increasing by 120% compared with 2021. Overall, exports posted strong growth. The growth pace was the most rapid in 2014 with an increase of 2,281%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, crude coconut oil exports surged to $X in 2022. In general, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of 1,087%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sudan (X kg) was the main destination for crude coconut oil exports from Egypt, accounting for a 89% share of total exports. Moreover, crude coconut oil exports to Sudan exceeded the volume sent to the second major destination, Russia (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sudan amounted to +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-4.8% per year) and Austria (+1.8% per year).

In value terms, Russia ($X), Sudan ($X) and Austria ($X) constituted the largest markets for crude coconut oil exported from Egypt worldwide, with a combined 100% share of total exports.

In terms of the main countries of destination, Austria, with a CAGR of +15.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average crude coconut oil export price amounted to $X per ton, increasing by 13% against the previous year. In general, the export price enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2015 an increase of 168%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Sudan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Coconut Oil Imports

Imports into Egypt

In 2022, the amount of crude coconut (copra) oil imported into Egypt dropped significantly to X tons, falling by -81.5% against 2021. Over the period under review, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 200%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, crude coconut oil imports dropped significantly to $X in 2022. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 247% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Malaysia (X tons) was the main crude coconut oil supplier to Egypt, accounting for a 100% share of total imports. It was followed by Indonesia (X kg), with a 0.4% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Malaysia amounted to -8.9%.

In value terms, Malaysia ($X) constituted the largest supplier of crude coconut (copra) oil to Egypt, comprising 100% of total imports. The second position in the ranking was held by Indonesia ($X), with a 0.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Malaysia was relatively modest.

Import Prices by Country

The average crude coconut oil import price stood at $X per ton in 2022, with a decrease of -4.2% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 143%. The import price peaked at $X per ton in 2021, and then fell slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Malaysia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.4%), 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 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. India, Germany, Vietnam, China, Sri Lanka, Mexico, Malaysia, Italy, France and South Korea lagged somewhat behind, together accounting 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 Egypt?

In value terms, the largest coconut oil suppliers to Egypt were Indonesia, Mozambique and Malaysia, together comprising 98% of total imports.

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

In value terms, Sudan, Macao SAR and Russia were the largest markets for coconut oil exported from Egypt worldwide, with a combined 88% share of total exports.

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

The average coconut oil export price stood at $4,807 per ton in 2021, waning by -14.7% against the previous year.

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

In 2021, the average coconut oil import price amounted to $1,586 per ton, jumping by 50% against the previous year.

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

Egypt

Data coverage:

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