Report Update Nov 1, 2024

Uruguay - Coconut - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Coconut Market 2024

Coconut Market Size in Uruguay

In 2022, the Uruguayan coconut market increased by 57% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate significant growth. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Coconut Exports

Exports from Uruguay

In 2022, after two years of growth, there was significant decline in shipments abroad of coconuts, when their volume decreased by -95.8% to X kg. In general, exports faced a abrupt slump. The growth pace was the most rapid in 2016 with an increase of 1,750%. Over the period under review, the exports attained the peak figure at X kg in 2021, and then dropped sharply in the following year.

In value terms, coconut exports declined rapidly to $X in 2022. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 with an increase of 3,400%. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced notably in the following year.

Exports by Country

The UK (X kg) was the main destination for coconut exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to -18.1%.

In value terms, the UK ($X) emerged as the key foreign market for coconuts exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to the UK totaled -15.3%.

Export Prices by Country

The average coconut export price stood at $X per ton in 2022, shrinking by -3.2% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut export price decreased by -32.6% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 89% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +3.6% per year.

Coconut Imports

Imports into Uruguay

In 2022, approx. X tons of coconuts were imported into Uruguay; picking up by 92% on the previous year. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2015 when imports increased by 144%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, coconut imports surged to $X in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 157% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main supplier of coconut to Uruguay, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to +52.9%.

In value terms, Brazil ($X) constituted the largest supplier of coconuts to Uruguay.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil amounted to +59.6%.

Import Prices by Country

In 2022, the average coconut import price amounted to $X per ton, falling by -37.5% against the previous year. Overall, the import price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2014 an increase of 99%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, 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 +4.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for coconuts in the world?

The countries with the highest volumes of in 2020 were Indonesia, India and the Philippines, with a combined 73% share of global consumption. These countries were followed by Brazil, Sri Lanka, Vietnam, Papua New Guinea and China, which together accounted for a further 14%.

What are the largest producers of coconuts in the world?

The countries with the highest volumes of in 2020 were Indonesia, India and the Philippines, together accounting for 74% of global production. These countries were followed by Brazil, Sri Lanka, Vietnam and Papua New Guinea, which together accounted for a further 12%.

What are the leading suppliers of coconuts to Uruguay?

In value terms, Indonesia constituted the largest supplier of coconut to Uruguay, comprising 75% of total imports. The second position in the ranking was occupied by Brazil, with a 25% share of total imports.

What are the leading importers of coconuts from Uruguay?

In value terms, the UK $174) and Chile $147) constituted the largest markets for coconut exported from Uruguay worldwide.

What is the average export price for coconuts in Uruguay?

The average coconut export price stood at $3,379 per ton in 2020, reducing by -26.5% against the previous year.

What is the average import price for coconuts in Uruguay?

In 2020, the average coconut import price amounted to $1,415 per ton, surging by 33% against the previous year.

This report provides an in-depth analysis of the coconut 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 249 - 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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023