This statistic depicts the average monthly prices for coconut oil from January 2014 through January 2025. In January 2025, the average monthly price for coconut oil stood at 2,002.32 nominal U.S. dollars per metric ton.

This statistic depicts the average annual prices for coconut oil from 2014 through 2026*. In 2023, the average price for coconut oil stood at 1,400 nominal U.S. dollars per metric ton.

The price of crude coconut oil in the USA hit 1,147 USD/MT in December 2023. In Germany, crude coconut oil prices reached 1,416 USD/MT during December 2023. The role of production costs had been crucial in maintaining price stability, ending the year at around 9,68 USD/MT in Indonesia during December 2023.

The South African coconut oil market surged to $8.2M in 2024, jumping by 45% 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, the total consumption indicated resilient growth from 2012 to 2024: its value increased at an average annual rate of +6.5% over the last twelve-year period.

As of December 2024, the retail price index of coconut oil in India was over 196. This meant, the RPI of coconut oil had increased by 17 percent compared to December 2021. Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

In 2024, after three years of growth, there was decline in the Asia-Pacific coconut oil market, when its value decreased by -4.9% to $4.3B. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $4.5B in 2023, and then fell in the following year.

Retail Price: DOAC: Coconut Oil: Kerala: Khozhikode data was reported at 148.000 INR/l in Mar 2023. This stayed constant from the previous number of 148.000 INR/l for Feb 2023. Retail Price: DOAC: Coconut Oil: Kerala: Khozhikode data is updated monthly, averaging 103.000 INR/l from Jan 2005 (Median) to Mar 2023, with 218 observations. The data reached an all-time high of 230.000 INR/l in Jan 2018 and a record low of 44.000 INR/l in Oct 2007. Retail Price: DOAC: Coconut Oil: Kerala: Khozhikode data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PC137: Retail Price: Department of Agriculture and Cooperation: Food: by Cities: Coconut Oil.

Refined Coconut Oil Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.

Coconut Oil Price in Brazil - 2023. Find the latest marketing data on the IndexBox platform.

Coconut Oil Price in Russia - 2022. Find the latest marketing data on the IndexBox platform.

The average crude coconut oil import price stood at $1,249 per ton in August 2024, with an increase of 4.4% against the previous month.

The U.S. refined coconut oil market totaled $38.4B in 2024, standing approx. at the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $39B in 2018; however, from 2019 to 2024, consumption stood at a somewhat lower figure.

Learn about the rising demand for crude coconut oil worldwide and the projected growth in market volume and value over the next six years.

In 2024, the Myanmar's coconut oil market decreased by -3% to $200K for the first time since 2018, thus ending a five-year rising trend. Overall, consumption, however, showed a resilient increase. Over the period under review, the market hit record highs at $330K in 2015; however, from 2016 to 2024, consumption remained at a lower figure.

In 2024, the African coconut oil market increased by less than 0.1% to $248M, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $298M. From 2016 to 2024, the growth of the market failed to regain momentum.

In 2024, the Philippine crude coconut oil market decreased by -68.6% to $657M for the first time since 2020, thus ending a three-year rising trend. Overall, consumption showed a perceptible slump. Crude coconut oil consumption peaked at $2.1B in 2023, and then reduced notably in the following year.

In 2024, after two years of growth, there was decline in the Vietnamese coconut oil market, when its value decreased by -0.1% to $458M. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2024: its value increased at an average annual rate of +7.6% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -0.6% against 2020 indices.

Learn about the factors that influence the price of coconut oil per gallon, including quality, brand, and demand. Find out how these factors can affect the price range of $20 to $40 and discover tips for finding the best value when purchasing coconut oil.

Coconut Oil Price in Portugal - 2023. Find the latest marketing data on the IndexBox platform.

In May 2023, the price of Crude Coconut Oil was $1,142 per ton (CIF, Netherlands), showing a decrease of -4.4% compared to the previous month.