New Caledonia: Coconut Oil Market 2020

Coconut Oil Market Size in New Caledonia

The revenue of the coconut oil market in New Caledonia amounted to $X in 2018, picking up by X% 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, coconut oil consumption continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the coconut oil market attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Coconut Oil Exports

Exports from New Caledonia

Coconut oil exports from New Caledonia amounted to X kg in 2018, reducing by -X% against the previous year. In general, coconut oil exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Over the period under review, coconut oil exports reached their maximum at X kg in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, coconut oil exports amounted to $X in 2018. In general, coconut oil exports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. In that year, coconut oil exports attained their peak of $X; afterwards, it flattened through to 2018.

Exports by Country

In 2018, the Philippines (X tons) was the key exporter of crude coconut (copra) oil, committing X% of total exports. It was distantly followed by Indonesia (X tons), mixing up a X% share of total exports. The Netherlands (X tons), Papua New Guinea (X tons), Malaysia (X tons) and the U.S. (X tons) took a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S., while the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X) remains the largest coconut oil supplier from New Caledonia, comprising X% of global exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global exports. It was followed by Papua New Guinea, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the Philippines amounted to +X%. In the other countries, the average annual rates were as follows: Indonesia (-X% per year) and Papua New Guinea (+X% per year).

Export Prices by Country

The coconut oil export price in New Caledonia stood at $X per ton in 2018, going up by X% against the previous year. Over the period under review, the coconut oil export price continues to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the export prices for crude coconut (copra) oil attained their peak figure in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Philippines ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Papua New Guinea, while the other leaders experienced more modest paces of growth.

Coconut Oil Imports

Imports into New Caledonia

In 2018, approx. X kg of crude coconut (copra) oil were imported into New Caledonia; going up by X% against the previous year. In general, coconut oil imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. New Caledonia imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, coconut oil imports totaled $X in 2018. Over the period under review, coconut oil imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. New Caledonia imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, the Netherlands (X tons), distantly followed by the U.S. (X tons), Malaysia (X tons), China (X tons) and Germany (X tons) were the largest importers of crude coconut (copra) oil, together comprising X% of total imports. The following importers - Spain (X tons) and Italy (X tons) - each resulted at a X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by New Caledonia, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported crude coconut (copra) oil into New Caledonia, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the Netherlands totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

The coconut oil import price in New Caledonia stood at $X per ton in 2018, declining by -X% against the previous year. In general, the coconut oil import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. New Caledonia import price peaked at $X per ton in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform