Crude Coconut Oil Prices in USA

• United States: 1147 USD/MT

The price of crude coconut oil in the USA hit 1,147 USD/MT in December 2023.

The latest report by IMARC Group, titled "Crude Coconut Oil Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Crude Coconut Oil Prices. This report delves in globally, presenting a detailed analysis, along with an informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores Crude Coconut Oil Demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Crude Coconut Oil Prices:

• Indonesia: 968 USD/MT
• Germany: 1416 USD/MT

Report Offering:

• Monthly Updates: Annual Subscription
• Quarterly Updates: Annual Subscription
• Biannually Updates: Annual Subscription

The study delves into the factors affecting Crude Coconut Oil price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report: https://www.imarcgroup.com/crude-coconut-oil-pricing-report/requestsample

Crude Coconut Oil Price Trend

The global crude coconut oil industry is primarily driven by the increasing demand for natural and organic products in the food and beverage industry, where crude coconut oil is valued for its health benefits, including its medium-chain triglycerides (MCTs) and lauric acid content. The rising trend toward clean-label and non-GMO products has escalated the demand as consumers seek healthier alternatives to traditional cooking oils.

Additionally, the cosmetic and personal care sectors contribute significantly to market growth, as crude coconut oil is used in skincare, haircare, and beauty products due to its moisturizing and antimicrobial properties. The expanding application of crude coconut oil in the pharmaceutical industry, particularly in drug delivery systems and health supplements, also drives demand.

Furthermore, the growing awareness of sustainable and eco-friendly practices supports the use of coconut oil as a renewable resource. Supply-side factors, such as fluctuations in coconut production due to weather conditions and pests, also influence market dynamics.

In the first half of 2024, crude coconut oil prices experienced significant fluctuations across various global markets, particularly in Asia, Europe, and North America. In Asia, prices witnessed a steady increase in the first quarter, with a more pronounced rise in the second quarter due to heightened demand driven by the summer season. Increased export inquiries from international markets further pushed prices upward.

The Philippine Coconut Authority (PCA) and the United Coconut Association of the Philippines (UCAP) reported a slight increase in coconut oil exports, coupled with reduced coconut output due to inadequate rainfall, which influenced global market trends. As a result, European markets, which rely heavily on imports from Asia, mirrored the price trends observed in the Asian region. Prices in Europe remained stable in the first quarter but began to rise in the second quarter, with a slight normalization towards the end of the period. In North America, the market exhibited similar trends, with initial price stability followed by an increase as consumer demand rose.

Thus, the first half of 2024 saw mixed market sentiments for crude coconut oil, reflecting the impact of seasonal demand, supply constraints, and regional market dynamics.

Regional Price Analysis:

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
• North America: United States and Canada
• Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

About Us:

IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145