Israel - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIsrael: Coconut Oil Market 2024
Coconut Oil Market Size in Israel
In 2022, the Israeli coconut oil market increased by 18% to $X, rising for the second year in a row after three years of decline. Overall, consumption saw buoyant growth. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.
Coconut Oil Exports
Exports from Israel
Coconut oil exports from Israel surged to X tons in 2022, growing by 86% against 2021. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 256%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, coconut oil exports surged to $X in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 293%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Exports by Country
Germany (X tons), Palestine (X tons) and the UK (X tons) were the main destinations of coconut oil exports from Israel, with a combined 96% share of total exports.
From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +391.0%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Palestine ($X) and the UK ($X) were the largest markets for coconut oil exported from Israel worldwide, with a combined 95% share of total exports.
Among the main countries of destination, Germany, with a CAGR of +256.2%, 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 coconut oil export price amounted to $X per ton, which is down by -5.4% against the previous year. In general, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2013 an increase of 24%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Germany ($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 the UK (+4.0%), while the prices for the other major destinations experienced a decline.
Coconut Oil Imports
Imports into Israel
In 2022, the amount of coconut (copra) oil imported into Israel expanded sharply to X tons, increasing by 8.7% on 2021. Over the period under review, imports continue to indicate measured growth. The most prominent rate of growth was recorded in 2017 with an increase of 66%. Imports peaked at X tons in 2019; afterwards, it flattened through to 2022.
In value terms, coconut oil imports skyrocketed to $X in 2022. In general, imports saw a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 84% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Imports by Country
In 2022, Indonesia (X tons) constituted the largest supplier of coconut oil to Israel, accounting for a 73% share of total imports. Moreover, coconut oil imports from Indonesia exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), fourfold. The Philippines (X tons) ranked third in terms of total imports with a 3.2% share.
From 2012 to 2022, the average annual growth rate of volume from Indonesia totaled +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+17.3% per year) and the Philippines (-3.8% per year).
In value terms, Indonesia ($X) constituted the largest supplier of coconut (copra) oil to Israel, comprising 73% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a 20% share of total imports. It was followed by the Philippines, with a 3.6% share.
From 2012 to 2022, the average annual growth rate of value from Indonesia stood at +24.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+26.9% per year) and the Philippines (-0.8% per year).
Import Prices by Country
The average coconut oil import price stood at $X per ton in 2022, picking up by 13% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut oil import price increased by +86.7% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 51%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($X per ton) and the Philippines ($X per ton), while the price for Indonesia ($X per ton) and Sri Lanka ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the coconut oil market in Israel. 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:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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