Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Spain: Crude Coconut Oil Market 2024

Crude Coconut Oil Market Size in Spain

In 2022, the Spanish crude coconut oil market increased by 30% to $X, rising for the second consecutive year after two years of decline. Overall, consumption posted buoyant growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the immediate term.

Crude Coconut Oil Exports

Exports from Spain

In 2022, the amount of crude coconut (copra) oil exported from Spain soared to X tons, picking up by 311% on the previous year. Over the period under review, exports continue to indicate a buoyant expansion. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, crude coconut oil exports surged to $X in 2022. In general, exports continue to indicate a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) was the main destination for crude coconut oil exports from Spain, with a 90% share of total exports. Moreover, crude coconut oil exports to France exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold. Portugal (X tons) ranked third in terms of total exports with a 1.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to +79.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+156.5% per year) and Portugal (-30.7% per year).

In value terms, France ($X) remains the key foreign market for crude coconut (copra) oil exports from Spain, comprising 90% of total exports. The second position in the ranking was taken by Belgium ($X), with a 4.2% share of total exports. It was followed by Portugal, with a 1.8% share.

From 2012 to 2022, the average annual growth rate of value to France totaled +94.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+121.9% per year) and Portugal (-18.0% per year).

Export Prices by Country

In 2022, the average crude coconut oil export price amounted to $X per ton, picking up by 6.7% against the previous year. Overall, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 51%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Italy ($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 Portugal (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Coconut Oil Imports

Imports into Spain

In 2022, approx. X tons of crude coconut (copra) oil were imported into Spain; picking up by 13% compared with the year before. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 64% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, crude coconut oil imports surged to $X in 2022. Overall, imports showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 70%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the Philippines (X tons) constituted the largest crude coconut oil supplier to Spain, accounting for a 83% share of total imports. Moreover, crude coconut oil imports from the Philippines exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Philippines amounted to +7.9%.

In value terms, the Philippines ($X) constituted the largest supplier of crude coconut (copra) oil to Spain, comprising 81% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the Philippines totaled +12.0%.

Import Prices by Country

The average crude coconut oil import price stood at $X per ton in 2022, with an increase of 22% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crude coconut oil import price increased by +115.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 57% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably 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 the Philippines stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+3.8%).

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, with a combined 35% share of global consumption. These countries were followed by India, Germany, Vietnam, China, Sri Lanka, Mexico, Malaysia, Italy, France and South Korea, which together accounted for 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, together accounting for 70% 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 Spain?

In value terms, the Philippines constituted the largest supplier of coconut oil to Spain, comprising 79% of total imports. The second position in the ranking was occupied by the Netherlands, with a 9% share of total imports. It was followed by Indonesia, with a 6.3% share.

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

In value terms, France, Italy and Portugal constituted the largest markets for coconut oil exported from Spain worldwide, together accounting for 75% of total exports. Belgium, Ireland, Switzerland and Brazil lagged somewhat behind, together comprising a further 18%.

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

In 2021, the average coconut oil export price amounted to $2,003 per ton, increasing by 65% against the previous year.

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

In 2021, the average coconut oil import price amounted to $1,556 per ton, picking up by 57% against the previous year.

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

Spain

Data coverage:

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