Report Update Nov 1, 2024

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

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Uruguay: Coconut Oil Market 2024

Coconut Oil Market Size in Uruguay

The Uruguayan coconut oil market soared to $X in 2022, growing by 40% against the previous year. Over the period under review, consumption recorded significant growth. Coconut oil consumption peaked in 2022 and is expected to retain growth in the near future.

Coconut Oil Production in Uruguay

In value terms, coconut oil production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. Over the period under review, production reached the peak level in 2022 and is likely to see gradual growth in the near future.

Coconut Oil Exports

Exports from Uruguay

Coconut oil exports from Uruguay surged to X tons in 2022, increasing by 12,600% on the year before. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coconut oil exports surged to $X in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil (X tons) was the main destination for coconut oil exports from Uruguay, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil amounted to +60.9%.

In value terms, Brazil ($X) also remains the key foreign market for coconut (copra) oil exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled +64.0%.

Export Prices by Country

The average coconut oil export price stood at $X per ton in 2022, dropping by -40.9% against the previous year. In general, the export price showed a pronounced setback. The pace of growth was the most pronounced in 2019 an increase of 33%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +1.9% per year.

Coconut Oil Imports

Imports into Uruguay

In 2022, overseas purchases of coconut (copra) oil decreased by -24.4% to X tons, falling for the second consecutive year after four years of growth. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 158%. Imports peaked at X tons in 2020; however, from 2021 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, however, enjoyed a significant increase. The growth pace was the most rapid in 2014 when imports increased by 89%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Malaysia (X tons), Sri Lanka (X tons) and China (X tons) were the main suppliers of coconut oil imports to Uruguay, with a combined 67% share of total imports. The Philippines, Belgium and Brazil lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +36.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coconut oil suppliers to Uruguay were Sri Lanka ($X), Malaysia ($X) and the Philippines ($X), with a combined 73% share of total imports. China, Belgium and Brazil lagged somewhat behind, together accounting for a further 18%.

Among the main suppliers, Brazil, with a CAGR of +45.6%, saw the highest growth rate of 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, surging by 65% against the previous year. Over the period under review, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 210% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a 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 Brazil ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.9%), 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 accounting 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 comprising 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 Uruguay?

In value terms, Sri Lanka, Malaysia and the Philippines constituted the largest coconut oil suppliers to Uruguay, together accounting for 86% of total imports.

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

In value terms, Brazil remains the key foreign market for coconut oil exports from Uruguay.

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

The average coconut oil export price stood at $8,133 per ton in 2021, which is down by -9.5% against the previous year.

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

The average coconut oil import price stood at $3,102 per ton in 2021, stabilizing at the previous year.

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

Uruguay

Data coverage:

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