Report Update Nov 1, 2024

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

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Romania: Coconut Oil Market 2024

Coconut Oil Market Size in Romania

In 2022, the Romanian coconut oil market increased by 22% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. Coconut oil consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Coconut Oil Exports

Exports from Romania

In 2022, overseas shipments of coconut (copra) oil were finally on the rise to reach X tons after two years of decline. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 1,904% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, coconut oil exports soared to $X in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2019 when exports increased by 887%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Moldova (X tons), Bulgaria (X tons) and Austria (X tons) were the main destinations of coconut oil exports from Romania, together comprising 99% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +49.5%), while the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X) remains the key foreign market for coconut (copra) oil exports from Romania, comprising 77% of total exports. The second position in the ranking was held by Bulgaria ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Moldova stood at +40.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+21.8% per year) and Austria (+24.0% per year).

Export Prices by Country

In 2022, the average coconut oil export price amounted to $X per ton, jumping by 37% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The growth pace was the most rapid in 2015 when the average export price increased by 235%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Bulgaria ($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 Moldova (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Coconut Oil Imports

Imports into Romania

In 2022, approx. X tons of coconut (copra) oil were imported into Romania; rising by 26% on the previous year. Overall, imports, however, showed a perceptible decrease. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, coconut oil imports skyrocketed to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. 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

Germany (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of coconut oil imports to Romania, with a combined 64% share of total imports. Malaysia, Bulgaria, Sweden, Greece, Austria and Indonesia lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +70.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coconut oil suppliers to Romania were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined 63% share of total imports. Malaysia, Sweden, Bulgaria, Austria, Greece and Indonesia lagged somewhat behind, together comprising a further 24%.

Among the main suppliers, Greece, with a CAGR of +52.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average coconut oil import price stood at $X per ton in 2022, declining by -4.2% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +44.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 33%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

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 Indonesia ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+51.7%), 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 accounting for 35% of global consumption. India, Germany, Vietnam, China, Sri Lanka, Mexico, Malaysia, Italy, France and South Korea lagged somewhat behind, together comprising 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. The Netherlands, Vietnam, Mexico and Sri Lanka lagged somewhat behind, together comprising a further 19%.

What are the leading suppliers of coconut (copra) oil to Romania?

In value terms, the largest coconut oil suppliers to Romania were Italy, Germany and Malaysia, together accounting for 45% of total imports. These countries were followed by the Netherlands, Greece, Bulgaria, Ukraine and Sweden, which together accounted for a further 32%.

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

In value terms, Moldova and Bulgaria appeared to be the largest markets for coconut oil exported from Romania worldwide.

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

In 2021, the average coconut oil export price amounted to $2,957 per ton, surging by 35% against the previous year.

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

In 2021, the average coconut oil import price amounted to $2,386 per ton, with an increase of 34% against the previous year.

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

Romania

Data coverage:

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