![Japan - Refined Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/japan-refined-coconut-copra-oil-market-analysis-forecast-size-trends-and-insights.webp)
Japan - Refined Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRefined Coconut Oil Price in Japan - 2023
Contents:
- Refined Coconut Oil Price in Japan (CIF) - 2023
- Refined Coconut Oil Price in Japan (FOB) - 2022
- Refined Coconut Oil Imports in Japan
- Refined Coconut Oil Exports in Japan
Refined Coconut Oil Price in Japan (CIF) - 2023
The average refined coconut oil import price stood at $1,280 per ton in July 2023, standing approximately at the previous month. In general, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 27% month-to-month. As a result, import price attained the peak level of $2,453 per ton. From November 2022 to July 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Indonesia ($1,361 per ton), while the price for the Philippines stood at $1,191 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Philippines (-4.2%).
Refined Coconut Oil Price in Japan (FOB) - 2022
The average refined coconut oil export price stood at $9,253 per ton in 2022, dropping by -17.9% against the previous year. In general, the export price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 215% against the previous year. As a result, the export price attained the peak level of $14,242 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($12,880 per ton), while the average price for exports to Vietnam ($8,069 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 South Korea (+2.3%), while the prices for the other major destinations experienced a decline.
Refined Coconut Oil Imports in Japan
In 2022, approx. 39K tons of refined coconut (copra) oil were imported into Japan; which is down by -6.4% compared with the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of 41K tons, and then reduced in the following year.
In value terms, refined coconut oil imports expanded to $77M in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 79% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Refined Coconut Oil in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | 31.9 | 32.5 | 68.0 | 70.9 | 30.5% |
Indonesia | 1.4 | 3.4 | 1.6 | 2.2 | 16.3% |
Malaysia | 1.7 | 2.4 | 1.7 | 0.5 | -33.5% |
Others | 2.5 | 3.3 | 3.0 | 3.3 | 9.7% |
Total | 37.4 | 41.5 | 74.2 | 76.9 | 27.2% |
Top Suppliers of Refined Coconut Oil to Japan in 2022:
- Philippines (37.1K tons)
- Indonesia (1.1K tons)
- Malaysia (0.2K tons)
Refined Coconut Oil Exports in Japan
In 2022, the amount of refined coconut (copra) oil exported from Japan soared to 7.6 tons, rising by 71% on the previous year's figure. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 230%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, refined coconut oil exports soared to $71K in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 189% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
Export of Refined Coconut Oil in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | N/A | 14.3 | 26.0 | 44.3 | 76.0% |
Bangladesh | 14.0 | 14.0 | 22.2 | 13.4 | -1.4% |
South Korea | N/A | 12.0 | N/A | 13.1 | 4.5% |
Others | N/A | N/A | 2.1 | N/A | 0% |
Total | 14.0 | 40.3 | 50.3 | 70.8 | 71.6% |
Top Export Markets for Refined Coconut Oil from Japan in 2022:
- Vietnam (5.5 tons)
- South Korea (1.1 tons)
- Bangladesh (1.0 tons)
This report provides an in-depth analysis of the refined coconut oil market in Japan. 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:
- Prodcom 10415800 - Refined coconut (copra) oil and its fractions (excluding chemically modified)
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the refined coconut oil market in Japan.
This report provides an in-depth analysis of the coconut oil market in Japan.
This report provides an in-depth analysis of the palm kernel oil market in Japan.
This report provides an in-depth analysis of the crude coconut oil market in Japan.
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Japan.
This report provides an in-depth analysis of the global refined coconut oil market.
This report provides an in-depth analysis of the global coconut oil market.
This report provides an in-depth analysis of the global palm kernel oil market.
This report provides an in-depth analysis of the global crude coconut oil market.
This report provides an in-depth analysis of the global market for formic acid, its salts and esters.
During the period from December 2022 to September 2023, the import growth experienced a slight decrease. The value of Refined Coconut Oil imports significantly rose to $5.7M in September 2023.
In June 2023, Coconut Oil imports saw a significant growth of 102% compared to the previous month. By November 2023, the value of Coconut Oil imports spiked to $4.5M.
In April 2023, the Coconut Oil price stabilized at $1,475 per ton (CIF, Japan), remaining steady from the previous month.
During the review period, Palm Kernel Oil imports reached a high of 99K tons in 2014, but failed to regain momentum from 2015 to 2023. In terms of value, imports of Palm Kernel Oil dropped significantly to $82M in 2023.
Global refined coconut oil imports dropped by -5.5% y-o-y to 1M tons in 2020. The U.S., China, Germany and South Korea constitute the largest importers of refined coconut oil worldwide. In 2020, American and Chinese imports declined significantly, while the purchases in Turkey followed an upward trend. Last year, the average refined coconut oil import price rose by +4.5% compared to the figures of 2019.
Explore the top import markets for coconut oil in 2023 and learn about the key players driving the global demand for this versatile product.
Coconut oil prices will grow moderately this year, following the fundamental trend relevant to all vegetable oils. The average annual coconut oil price is set to grow by 2.3% y-o-y to $1,674 per ton in 2022 due to limited supply and rising logistic costs.
In 2018, the Philippines (916K tons) was the main exporter of coconut (copra) oil, comprising 49% of the global exports...
Discover the top 10 countries by import value of palm kernel oil in 2023. Learn about the key players driving the global market for this essential oil.
Prices for palm kernel oil spiked by 27% over the month, reaching $1,807 in October 2021. Compared to this year's January figures, the prices soared by +32%. In 2020, palm kernel exports dropped by -3.1% y-o-y in physical terms but grew by +8.9% y-o-y in value terms, reaching $2.5B. Indonesia remains the largest supplier, accounting for 56% of global exports of palm kernel oil. China, the U.S. and Germany constitute the most prominent importers of the product.