Pakistan: Refined Coconut Oil Market 2025

Refined Coconut Oil Market Size in Pakistan

The Pakistani refined coconut oil market reduced to $X in 2022, almost unchanged from the previous year. Overall, consumption, however, continues to indicate a mild decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Refined Coconut Oil Production in Pakistan

In value terms, refined coconut oil production contracted slightly to $X in 2022 estimated in export price. In general, production, however, saw a mild setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by 35%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Refined Coconut Oil Exports

Exports from Pakistan

In 2022, refined coconut oil exports from Pakistan surged to X tons, growing by 29% against the previous year. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 296% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, refined coconut oil exports soared to $X in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2013 when exports increased by 473%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Morocco (X tons), Algeria (X tons) and the United Arab Emirates (X tons) were the main destinations of refined coconut oil exports from Pakistan, with a combined 53% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Algeria (with a CAGR of +65.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refined coconut oil exported from Pakistan were the United States ($X), Palestine ($X) and the United Arab Emirates ($X), together comprising 58% of total exports.

Among the main countries of destination, the United States, with a CAGR of +56.6%, saw the highest rates of growth with regard to 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 refined coconut oil export price amounted to $X per ton, declining by -7.9% against the previous year. Overall, the export price recorded a pronounced decline. The pace of growth appeared the most rapid in 2013 an increase of 45%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Yemen ($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 (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Refined Coconut Oil Imports

Imports into Pakistan

In 2022, overseas purchases of refined coconut (copra) oil increased by 66% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, refined coconut oil imports soared to $X in 2022. Overall, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Malaysia (X tons), the Philippines (X tons) and Indonesia (X tons) were the main suppliers of refined coconut oil imports to Pakistan, together comprising 80% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +37.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest refined coconut oil suppliers to Pakistan were Malaysia ($X), the Philippines ($X) and Indonesia ($X), together comprising 78% of total imports.

The Philippines, with a CAGR of +33.6%, 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 refined coconut oil import price amounted to $X per ton, increasing by 1.6% against the previous year. Overall, the import price, however, showed a mild shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 22%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :