One of the key drivers driving industry expansion in Q4 of 2021 was growing knowledge of avocado oil's high nutritional characteristics. Customers were willing to incorporate nutritious components into their daily dietary habits as health consciousness grew around the world. Indeed, hurried lifestyles had resulted in a significant reduction in physical activity, contributing to the increase of a variety of lifestyle disorders. To combat this, customers began progressively substituting avocado oil for butter and vegetable oils that were heavy in saturated fats. Avocado oil contains a higher quantity of beneficial fatty acids. Furthermore, as the popularity of organic skin care and personal care products grows, so does the need for carrier oils, which drives up the price of avocado oil.
Procurement Resource provides latest prices of Avocado Oil. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Avocado Oil for several regions around the globe, which are as follows:
About Avocado Oil:
Avocado Oil is an edible oil pressed from the fruit of the avocado tree. It is utilised as an ingredient in several dishes, and as a cooking oil. It can also be used for other purposes like lubrication and in cosmetics, where it is valued for its supposed regenerative and moisturising properties. It has a high smoke point and it is a good source of monounsaturated fats and vitamin E. Avocado Oil is characterised by emerald green colour. The refined Avocado Oil barely has a smell, but the unrefined Avocado Oil smells nutty.
In order to produce Avocado Oil, ripped avocado is pressed and the oil is recovered from it mechanically. The skin and stone (seed) is removed and after this, the flesh is ground to a paste and then malaxed for 40-60 minutes and 45-50°C.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).