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Pakistan - Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoconut Oil Price in Pakistan - 2023
Contents:
- Coconut Oil Price in Pakistan (CIF) - 2023
- Coconut Oil Price in Pakistan (FOB) - 2022
- Coconut Oil Imports in Pakistan
- Coconut Oil Exports in Pakistan
Coconut Oil Price in Pakistan (CIF) - 2023
In February 2023, the average coconut oil import price amounted to $1,341 per ton, rising by 22% against the previous month. Overall, the import price, however, saw a perceptible slump. Over the period under review, average import prices hit record highs at $1,769 per ton in February 2022; however, from March 2022 to February 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Indonesia ($1,472 per ton), while the price for Bangladesh ($917 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (+0.8%), while the prices for the other major suppliers experienced a decline.
Coconut Oil Price in Pakistan (FOB) - 2022
In 2022, the average coconut oil export price amounted to $1,784 per ton, with a decrease of -7.9% against the previous year. In general, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 50%. As a result, the export price attained the peak level of $3,488 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,368 per ton), while the average price for exports to Yemen ($375 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 Palestine (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Coconut Oil Imports in Pakistan
In 2022, the amount of coconut (copra) oil imported into Pakistan skyrocketed to 8.4K tons, jumping by 63% on the previous year's figure. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, coconut oil imports surged to $9.9M in 2022. Overall, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Coconut Oil in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 3.0 | 2.2 | 2.6 | 3.8 | 8.2% |
Philippines | 0.7 | 0.8 | 1.4 | 2.2 | 46.5% |
Indonesia | 0.9 | 0.4 | 1.1 | 1.6 | 21.1% |
Sri Lanka | 0.3 | 0.2 | 0.2 | 1.3 | 63.0% |
Singapore | 0.3 | 0.6 | 0.4 | 0.8 | 38.7% |
Others | 0.8 | 0.2 | 0.2 | 0.2 | -37.0% |
Total | 6.0 | 4.4 | 5.9 | 9.9 | 18.2% |
Top Suppliers of Coconut Oil to Pakistan in 2022:
- Malaysia (3.4K tons)
- Philippines (1.8K tons)
- Indonesia (1.5K tons)
- Singapore (0.9K tons)
- Sri Lanka (0.6K tons)
Coconut Oil Exports in Pakistan
After two years of decline, shipments abroad of coconut (copra) oil increased by 28% to 36 tons in 2022. Over the period under review, exports, however, continue to indicate a deep slump.
In value terms, coconut oil exports skyrocketed to $64K in 2022. Overall, exports, however, faced a deep downturn.
Export of Coconut Oil in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.3 | 11.5 | 7.5 | 14.3 | -6.2% |
Palestine | 3.0 | 3.0 | 6.5 | 11.6 | 57.0% |
United Arab Emirates | 20.1 | 18.5 | 3.4 | 10.7 | -19.0% |
Jordan | 26.7 | 2.9 | 4.5 | 9.1 | -30.1% |
Morocco | 16.9 | 9.2 | 1.7 | 6.4 | -27.7% |
Algeria | 6.4 | 3.7 | 1.9 | 3.4 | -19.0% |
Yemen | 2.5 | 1.5 | 0.8 | 1.5 | -15.7% |
France | N/A | N/A | 17.8 | N/A | 0% |
Iraq | N/A | 12.9 | 5.5 | N/A | -57.4% |
Others | 25.8 | 10.4 | 4.8 | 7.2 | -34.7% |
Total | 119 | 73.9 | 54.4 | 64.1 | -18.6% |
Top Export Markets for Coconut Oil from Pakistan in 2022:
- Morocco (7.2 tons)
- Algeria (6.3 tons)
- United Arab Emirates (5.2 tons)
- United States (4.2 tons)
- Palestine (4.1 tons)
- Yemen (4.0 tons)
- Jordan (2.8 tons)
This report provides an in-depth analysis of the coconut oil market in Pakistan. 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:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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