What is the price of coconut oil per kilogram/pound in Canada today?
The retail price range for Canada coconut oil is between US$ 6.74 and US$ 9.63 per kilogram or between US$ 3.06 and US$ 4.37 per pound(lb). Click here to see today's exact prices of coconut oil in Canada
The retail price range in Canadian Dollar for coconut oil is between CAD 9.10 and CAD 13.00 per kilogram or between CAD 4.13 and CAD 5.89 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada coconut oil is between US$ 4.72 and US$ 6.74 per kilogram or between US$ 2.14 and US$ 3.06 per pound(lb).
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Canada Coconut Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coconut oil from Canada over the last five years has seen a steady decline. In 2011, the price was 8.31 US dollars per kg, and by 2021, it had dropped to 5.85 US dollars per kg. The lowest price was recorded in 2020, at 5.73 US dollars per kg. The price has since increased slightly to 5.85 US dollars per kg in 2021. Based on the current trend, it is predicted that the export price per kilogram of Coconut oil from Canada will be 5.48 US dollars per kg in 2023 and 5.15 US dollars per kg in 2024.The exports of coconut oil from Canada are categorised as:
- Crude coconut oil (HS code 151311)
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
Canada Coconut Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coconut oil into Canada has seen a steady decline over the last five years. In 2016, the price was 8.54 US dollars per kg, which dropped to 7.91 US dollars per kg in 2013. This further decreased to 7.56 US dollars per kg in 2014 and 7.99 US dollars per kg in 2015. The price then dropped significantly to 6.03 US dollars per kg in 2016 and has since been on a slight upward trend, reaching 7.31 US dollars per kg in 2017, 7.67 US dollars per kg in 2018, 7.00 US dollars per kg in 2019, 5.73 US dollars per kg in 2020 and 5.85 US dollars per kg in 2021. The most recent data shows that the import price per kilogram of Coconut oil into Canada is 5.61 US dollars. Based on this trend, it is predicted that the import price per kilogram of Coconut oil into Canada will be 5.45 US dollars in 2023 and 5.30 US dollars in 2024.Export values for Canada coconut oil
The total values in export for coconut oil in Canada were US$ 43,729, US$ 42,087, US$ 41,460 and US$ 40,210 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Canada: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of coconut oil in other countries across North America: Canada coconut oil, US coconut oil, Anguilla coconut oil, Antigua and Barbuda coconut oil, Bermuda coconut oil, Bonaire, Sint Eustatius and Saba coconut oil, St.Pierre and Miquelon coconut oil, United States Minor Outlying Islands coconut oil, Cayman Islands coconut oil & Greenland coconut oil.
Canada coconut oil - Production, Exports, Imports, Seasons and HS Codes
The volume of coconut oil exported by Canada in 2020 was 6,153 tonnes. In 2019 Canada exported 5,747 tonnes of coconut oil. Through 2019 alone, the demand for Canada coconut oil (processed category) has improved, flactuating by 6.288 pc compared to the year 2018. Between 2017 and 2019, coconut oil's exports reduced by -0.19 percent bringing Canada US$40.21m for the year 2019. Canada's coconut oil exports are classified as:
- Crude coconut oil (HS code 151311)
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
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Canada coconut oil export values
In 2019, Canada supplied coconut oil valued at 40.21m USD, a decrease of -3.01% from 2018's total coconut oil export of 41.46m USD. The annual reduction in value of Canada coconut oil between 2017 to 2018 was -1.49 per cent.
The annual/yearly change in the volume of Canada's coconut oil exports between 2017 and 2019 was -0.19 percent compared to a variation of 6.288% in the period between 2018 and 2019.
Canada's portion of the world's total coconut oil's exports in 2019 was less than 1%. Canada holds position 36 in world exports of coconut oil.
Export markets for Canada coconut oil ( in '000$ )
Canada's leading export markets for coconut oil are US, Chile, China, Japan and Spain.
Import/Export Trends
Canada is a net importer of coconut oil. The annual growth of Canada coconut oil in value between 2015 to 2019 was 19%, per year, while annual growth in quantity was 40%, per annum.
Canada brought in 26,221 tonnes of coconut oil in 2019.