Israel: Crude Coconut Oil Market 2025

Crude Coconut Oil Market Size in Israel

The Israeli crude coconut oil market reduced notably to $X in 2022, with a decrease of -34% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a abrupt decline. Crude coconut oil consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Crude Coconut Oil Exports

Exports from Israel

In 2022, approx. X tons of crude coconut (copra) oil were exported from Israel; with an increase of 94% compared with the year before. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 313%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, crude coconut oil exports surged to $X in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 299%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Palestine (X tons) was the main destination for crude coconut oil exports from Israel, accounting for a 74% share of total exports. Moreover, crude coconut oil exports to Palestine exceeded the volume sent to the second major destination, the UK (X tons), fourfold. The United States (X kg) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume to Palestine amounted to +28.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+70.6% per year) and the United States (+13.7% per year).

In value terms, Palestine ($X) remains the key foreign market for crude coconut (copra) oil exports from Israel, comprising 66% of total exports. The second position in the ranking was taken by the UK ($X), with a 23% share of total exports. It was followed by Germany, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value to Palestine totaled +22.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+55.7% per year) and Germany (+34.3% per year).

Export Prices by Country

In 2022, the average crude coconut oil export price amounted to $X per ton, shrinking by -14.2% against the previous year. Overall, the export price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 35%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Palestine ($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 Palestine (-4.3%), while the prices for the other major destinations experienced a decline.

Crude Coconut Oil Imports

Imports into Israel

Crude coconut oil imports into Israel shrank dramatically to X tons in 2022, declining by -21.2% compared with the previous year's figure. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 114%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, crude coconut oil imports plummeted to $X in 2022. In general, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 145% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest crude coconut oil supplier to Israel, accounting for a 51% share of total imports. Moreover, crude coconut oil imports from Indonesia exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), twofold. The third position in this ranking was taken by the Philippines (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Indonesia totaled -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+10.6% per year) and the Philippines (-10.7% per year).

In value terms, Indonesia ($X) constituted the largest supplier of crude coconut (copra) oil to Israel, comprising 51% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a 23% share of total imports. It was followed by the Philippines, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia stood at +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+20.3% per year) and the Philippines (-7.0% per year).

Import Prices by Country

The average crude coconut oil import price stood at $X per ton in 2022, shrinking by -4.2% against the previous year. In general, the import price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 49% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Philippines ($X per ton) and Indonesia ($X per ton), while the price for Sri Lanka ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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