What is the price of coconut oil per kilogram/pound in US today?
The retail price range for US coconut oil is between US$ 7.85 and US$ 16.68 per kilogram or between US$ 3.56 and US$ 7.57 per pound(lb). Click here to see today's exact prices of coconut oil in US
The retail price range in Euro for coconut oil is between EUR 7.20 and EUR 15.30 per kilogram or between EUR 3.27 and EUR 6.94 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US coconut oil is between US$ 5.50 and US$ 11.68 per kilogram or between US$ 2.49 and US$ 5.30 per pound(lb).
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US Coconut Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coconut oil from the US over the last five years has seen a steady increase. In 2017, the price was $2.05, followed by a sharp rise to $2.74 in 2018. The price then remained relatively stable at $2.67 in 2019 and 2020. In 2021, the price dropped to $2.46, before rising again to $2.75 in 2022. Based on this trend, it is predicted that the export price per kilogram of Coconut oil from the US will be $2.77 in 2023 and $2.80 in 2024.The US coconut oil exports 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)
US Coconut Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coconut oil into the US over the last five years has seen a steady increase. In 2017, the price was $2.05, followed by a sharp rise to $2.74 in 2018. The price then dropped slightly to $2.67 in 2019 and 2020, before decreasing further to $2.46 in 2021. This year, the price has increased again to $2.75. Based on this trend, it is likely that the import price per kilogram of Coconut oil into the US will continue to increase in the next two years, with an estimated price of $2.85 in 2023 and $2.95 in 2024.Export values for US coconut oil
The total values in export for coconut oil in US were US$ 74,992, US$ 78,103, US$ 58,636 and US$ 50,919 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: 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.
US coconut oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of coconut oil exported by US in 2020 was 18,907 tonnes. In 2019 US exported 19,100 tonnes of coconut oil. In 2019 alone, the interest in US coconut oil (processed category) has reduced, flactuating by -9.846 percent compared to the year 2018. Between 2017 and 2019, coconut oil's exports reduced by -47.32% bringing US US$50.92m for the year 2019. US' coconut oil exports are categorised as:
- Crude coconut oil (HS code 151311)
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
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US coconut oil export values
In 2019, US supplied coconut oil with a value of 50.92m USD, a contraction of -13.16% from 2018's total coconut oil export of 58.636m USD. The yearly reduction in value of US coconut oil between 2017 to 2018 was -24.925 pc.
The annual/yearly change in the quantity of US' coconut oil exports between 2017 and 2019 was -47.32 percent in comparison to a variation of -9.846% in the period between 2018 and 2019.
US' portion of the world's total coconut oil's exports in 2019 was 5 pc. US holds position 7 in world exports of coconut oil.
Export markets for US coconut oil ( in '000$ )
US' leading export markets for coconut oil are Canada, Mexico, Indonesia, Vietnam and Australia.
US ordered 467,993 tonnes of coconut oil in 2019.