Report Update Nov 1, 2024

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

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Slovakia: Crude Coconut Oil Market 2024

Crude Coconut Oil Market Size in Slovakia

In 2022, the Slovak crude coconut oil market increased by 36% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption posted a significant increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Crude Coconut Oil Exports

Exports from Slovakia

For the third year in a row, Slovakia recorded growth in overseas shipments of crude coconut (copra) oil, which increased by 12% to X tons in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 451% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, crude coconut oil exports surged to $X in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 414% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

The Czech Republic (X tons) was the main destination for crude coconut oil exports from Slovakia, accounting for a 51% share of total exports. Moreover, crude coconut oil exports to the Czech Republic exceeded the volume sent to the second major destination, Austria (X tons), threefold. The third position in this ranking was held by Romania (X tons), with a 16% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to the Czech Republic totaled +24.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+37.5% per year) and Romania (+246.4% per year).

In value terms, the Czech Republic ($X), Romania ($X) and Austria ($X) were the largest markets for crude coconut oil exported from Slovakia worldwide, together comprising 69% of total exports.

Among the main countries of destination, Romania, with a CAGR of +289.1%, 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

The average crude coconut oil export price stood at $X per ton in 2022, picking up by 3.2% against the previous year. Over the period under review, the export price posted a strong increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 181%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Coconut Oil Imports

Imports into Slovakia

In 2022, crude coconut oil imports into Slovakia totaled X tons, surging by 2.8% compared with 2021 figures. Overall, imports saw significant growth. The growth pace was the most rapid in 2016 when imports increased by 329%. As a result, imports attained the peak of X tons; afterwards, it flattened through to 2022.

In value terms, crude coconut oil imports skyrocketed to $X in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2014 when imports increased by 459%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Sweden (X tons) constituted the largest supplier of crude coconut oil to Slovakia, with a 78% share of total imports. Moreover, crude coconut oil imports from Sweden exceeded the figures recorded by the second-largest supplier, Poland (X tons), ninefold. The third position in this ranking was taken by Hungary (X tons), with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+14.4% per year) and Hungary (+19.9% per year).

In value terms, Sweden ($X) constituted the largest supplier of crude coconut (copra) oil to Slovakia, comprising 72% of total imports. The second position in the ranking was held by Poland ($X), with a 9.4% share of total imports. It was followed by Hungary, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value from Sweden totaled +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+29.5% per year) and Hungary (+18.6% per year).

Import Prices by Country

In 2022, the average crude coconut oil import price amounted to $X per ton, growing by 33% against the previous year. In general, the import price enjoyed a slight increase. The pace of growth appeared the most rapid in 2014 an increase of 87%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.2%), 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 crude coconut (copra) oil in the world?

The countries with the highest volumes of crude coconut oil consumption in 2021 were Indonesia, the Philippines and India, together comprising 48% of global consumption. These countries were followed by the Netherlands, Vietnam, the United States, Malaysia, Mexico, Germany, Italy and Sri Lanka, which together accounted for a further 38%.

What are the largest producers of crude coconut (copra) oil in the world?

The countries with the highest volumes of crude coconut oil production in 2021 were the Philippines, Indonesia and India, with a combined 77% share of global production. These countries were followed by Vietnam, Mexico and Sri Lanka, which together accounted for a further 12%.

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

In value terms, Sweden constituted the largest supplier of crude coconut oil to Slovakia, comprising 65% of total imports. The second position in the ranking was occupied by Poland, with a 12% share of total imports. It was followed by Hungary, with a 10% share.

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

In value terms, the Czech Republic remains the key foreign market for crude coconut oil exports from Slovakia, comprising 41% of total exports. The second position in the ranking was occupied by Hungary, with a 17% share of total exports. It was followed by Romania, with a 14% share.

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

In 2021, the average crude coconut oil export price amounted to $5,886 per ton, picking up by 20% against the previous year.

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

The average crude coconut oil import price stood at $2,214 per ton in 2021, surging by 17% against the previous year.

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

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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