COPRA & CNO Think local UNCTAD workshop August 27th, 2014 There is a Copra crushing capacity in Vanuatu VCPL COPSL R MONVOISIN COFELY 2 more coming 15 t/d 120 t/d ? 10 t/d 50 t/d 47 000 t copra/year 28 M l CNO/year Port Vila Huilerie tiers Huilerie CNO as a fuel: a real local market TODAY Capacity to run on 100% CNO 11 000 h/an @ 1 000 l/hr Potential 11 Million l/an (- 39 000 t CO2/an) In 2013, CNO as a fuel 3 000 000 l CNO # 2.7 M l DO 17.5% of Unelco Energy Vanuatu still produces enough copra 16 180,000 14 160,000 140,000 12 120,000 Million l/year 10 100,000 8 80,000 6 60,000 4 40,000 2 20,000 0 0 2007 2008 2009 2010 2011 2012 2013 Export CNO equiv CNO international (Vatu/t) Copra represents Export vs Local market as fuel 100,000 80,000 Exporting 1 t of raw copra means importing 550 l of Diesel & 300 kg of stockfeed Vatu/t 60,000 40,000 20,000 10,932 -2,874 0 2010 -20,000 2011 2012 2013 -13,313 -19,679 -40,000 Commercial balance 2014 -31,183 Coprah (vatu/t) Export vs Local market as fuel Export of 1 t of copra Locally crushed copra for local energy market 590 480 50 Bilan US$ -110 Bilan US$ -50 Création de valeur au Vanuatu Création de valeur au Vanuatu US$ 580 US$ 1040 Main issues • Why do export dropped despite high international prices ? • What will happen when actuel coconut trees become senile ? • How can a farmer access to local copra market ? • How can we « reserve » copra for local copra market ? The real benefit