Report Update Nov 1, 2024

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

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Ireland: Crude Coconut Oil Market 2024

Crude Coconut Oil Market Size in Ireland

The Irish crude coconut oil market skyrocketed to $X in 2022, picking up by 4,440% against the previous year. Overall, consumption showed a buoyant expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Crude Coconut Oil Production in Ireland

In value terms, crude coconut oil production dropped to $X in 2022 estimated in export price. In general, production, however, saw a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 106%. Crude coconut oil production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Crude Coconut Oil Exports

Exports from Ireland

In 2022, overseas shipments of crude coconut (copra) oil decreased by 0% to X tons, falling for the second consecutive year after five years of growth. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 968%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, crude coconut oil exports totaled $X in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 968%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for crude coconut oil exports from Ireland, accounting for a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to the UK totaled +44.7%.

From 2013 to 2022, the average annual rate of growth in terms of value to the UK totaled +40.8%.

Export Prices by Country

The average crude coconut oil export price stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 21%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for China amounted to +7.7% per year.

Crude Coconut Oil Imports

Imports into Ireland

Crude coconut oil imports into Ireland stood at X tons in 2022, remaining relatively unchanged against 2021 figures. Overall, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 256% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, crude coconut oil imports stood at $X in 2022. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by 320%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sri Lanka (X tons), Slovenia (X tons) and the UK (X tons) were the main suppliers of crude coconut oil imports to Ireland, together accounting for 76% of total imports. Slovakia, India, Belgium, Poland, Germany and the Netherlands lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +56.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X), Slovenia ($X) and the UK ($X) constituted the largest crude coconut oil suppliers to Ireland, with a combined 75% share of total imports. Belgium, Slovakia, India, Germany, Poland and the Netherlands lagged somewhat behind, together accounting for a further 23%.

India, with a CAGR of +48.7%, saw 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 more modest paces of growth.

Import Prices by Country

In 2022, the average crude coconut oil import price amounted to $X per ton, standing approx. at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 43% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%), 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 comprising 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, with a combined 70% share 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 Ireland?

In value terms, the largest coconut oil suppliers to Ireland were the Netherlands, Indonesia and Spain, together comprising 72% of total imports.

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

In value terms, the UK remains the key foreign market for coconut oil exports from Ireland, comprising 90% of total exports. The second position in the ranking was occupied by Cyprus, with a 6.4% share of total exports.

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

In 2021, the average coconut oil export price amounted to $6,949 per ton, with an increase of 100% against the previous year.

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

The average coconut oil import price stood at $2,211 per ton in 2021, with an increase of 20% against the previous year.

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

Ireland

Data coverage:

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