Refined Coconut Oil Market Overview in Japan
In value terms, refined coconut oil production dropped to $ in 2019 estimated in export prices. Over the period under review, production continues to indicate a slight decline. The pace of growth appeared the most rapid in 2011 when the production volume increased by % y-o-y. As a result, production attained the peak level of $. From 2012 to 2019, production growth remained at a lower figure.
The size of the refined coconut oil market in Japan contracted to $ in 2019, dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of % y-o-y. As a result, consumption attained the peak level of $. From 2012 to 2019, the growth of the market remained at a lower figure.