Sao Tome and Principe: Coconut Oil Market 2020

Coconut Oil Market Size in Sao Tome and Principe

The revenue of the coconut oil market in Sao Tome and Principe amounted to $X in 2018, remaining stable against the previous year. Over the period under review, coconut oil consumption continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Sao Tome and Principe coconut oil consumption peaked at $X in 2017, leveling off in the following year.

Coconut Oil Production in Sao Tome and Principe

In value terms, coconut oil production stood at $X in 2018 estimated in export prices. Overall, the total output indicated moderate growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, coconut oil production decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when production volume increased by X% year-to-year. In that year, coconut oil production attained its peak level of $X. From 2017 to 2018, coconut oil production growth failed to regain its momentum.

Coconut Oil Exports

Exports from Sao Tome and Principe

In 2018, the exports of crude coconut (copra) oil from Sao Tome and Principe amounted to X kg, going up by X% against the previous year. In general, coconut oil exports, however, continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2009 when exports increased by X% against the previous year. Over the period under review, coconut oil exports attained their maximum at X tons in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, coconut oil exports stood at $X in 2018. Overall, coconut oil exports, however, continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, coconut oil exports reached their peak figure at $X in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

Exports by Country

The Philippines was the largest exporter of crude coconut (copra) oil in the world, with the volume of exports recording X tons, which was approx. X% of total exports in 2018. It was distantly followed by Indonesia (X tons), creating 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 ($X) remains the largest coconut oil supplier from Sao Tome and Principe, comprising X% of global exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global exports. It was followed by Papua New Guinea, with a X% share.

In the Philippines, coconut oil exports increased at an average annual rate of +X% over the period from 2007-2018. 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 Sao Tome and Principe stood at $X per ton in 2018, waning by -X% against the previous year. Over the period under review, the coconut oil export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by X% year-to-year. In that year, the export prices for crude coconut (copra) oil reached their peak level of $X per ton. From 2017 to 2018, the growth in terms of the export prices for crude coconut (copra) oil failed to regain its momentum.

Prices varied noticeably by the country of origin; 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 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) represented the major importers of crude coconut (copra) oil, together achieving X% of total imports. The following importers - Spain (X tons) and Italy (X tons) - each finished 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 China, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported crude coconut (copra) oil into Sao Tome and Principe, comprising X% of global imports. The second position in the ranking was occupied by China ($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 stood at +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 Sao Tome and Principe stood at $X per ton in 2018, falling by -X% against the previous year. Overall, the coconut oil import price continues to indicate a relatively flat trend pattern. Sao Tome and Principe import price peaked at $X per ton in 2017, and then declined slightly in the following year.

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