Greece - Refined Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Greece - Refined Coconut (Copra) Oil - Market Analysis, Forecast, Size, Trends And Insights

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Refined Coconut Oil Price in Greece - 2023

Contents:

  1. Refined Coconut Oil Price in Greece (CIF) - 2023
  2. Refined Coconut Oil Price in Greece (FOB) - 2023
  3. Refined Coconut Oil Imports in Greece
  4. Refined Coconut Oil Exports in Greece

Refined Coconut Oil Price in Greece (CIF) - 2023

The average refined coconut oil import price stood at $1,401 per ton in June 2023, with a decrease of -19.2% against the previous month. Overall, the import price showed a noticeable decline. The pace of growth was the most pronounced in January 2023 an increase of 42% m-o-m. The import price peaked at $2,704 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Germany ($2,015 per ton) and Malaysia ($1,443 per ton), while the price for the Philippines ($1,346 per ton) and Indonesia ($1,442 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-0.5%), while the prices for the other major suppliers experienced a decline.

Refined Coconut Oil Price in Greece (FOB) - 2023

The average refined coconut oil export price stood at $1,886 per ton in June 2023, dropping by -1.5% against the previous month. In general, the export price showed a perceptible downturn. The most prominent rate of growth was recorded in November 2022 an increase of 11% month-to-month. The export price peaked at $2,469 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In June 2023, the countries with the highest prices were Bulgaria ($1,901 per ton) and Italy ($1,896 per ton), while the average price for exports to Croatia ($1,771 per ton) and Romania ($1,851 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (-1.3%), while the prices for the other major destinations experienced a decline.

Refined Coconut Oil Imports in Greece

Refined coconut oil imports into Greece skyrocketed to 13K tons in 2022, with an increase of 99% compared with the year before. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, refined coconut oil imports surged to $25M in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Refined Coconut Oil in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PhilippinesN/A0.14.420.51331.8%
Germany0.1N/A0.71.4141.0%
Sweden0.83.01.01.111.2%
Italy3.42.81.50.8-38.3%
Netherlands1.91.22.10.2-52.8%
Indonesia0.71.90.9N/A13.4%
Others0.10.20.90.571.0%
Total7.19.211.424.651.3%

Top Suppliers of Refined Coconut Oil to Greece in 2022:

  1. Indonesia (undefinedK tons)
  2. Philippines (11.2K tons)
  3. Germany (0.7K tons)
  4. Sweden (0.4K tons)
  5. Italy (0.3K tons)
  6. Netherlands (0.1K tons)

Refined Coconut Oil Exports in Greece

In 2022, exports of refined coconut (copra) oil from Greece surged to 2.4K tons, rising by 51% on 2021 figures. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,841%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, refined coconut oil exports skyrocketed to $5.1M in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 3,758% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Refined Coconut Oil in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A2,0613,37063.5%
Bulgaria0.244.76831,1961715.1%
HungaryN/AN/AN/A1620%
CroatiaN/AN/AN/A1270%
Romania0.241.2579113726.7%
Others12.13.0105120114.8%
Total12.488.83,4285,088643.1%

Top Export Markets for Refined Coconut Oil from Greece in 2022:

  1. Italy (1626.0 tons)
  2. Bulgaria (538.1 tons)
  3. Hungary (71.7 tons)
  4. Croatia (55.5 tons)
  5. Romania (43.8 tons)

Source: IndexBox Market Intelligence Platform

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

  • Greece

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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