Get the latest insights on price movement and trend analysis of Avocado Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Avocado Oil Price Trend for the First Half of 2023
Avocado oil prices closely mimic the prices of its source fruit Avocado, which is majorly grown in American countries like Mexico, Columbia, and Peru. The first half of 2023 was a good season for Avocado farmers as the harvest turned out to be much better than the last year.
Australia, too witnessed a good harvest season, almost oversupplying the market, but as the fruit kept gaining popularity for its nutritional values, exports were also on the rise. As the consumption rose and the yield also increased, Avocado oil prices also witnessed lower fluctuating price trends, especially in the American and European markets.
According to the Procurement Resource, Avocado Oil prices are expected to rise in the coming months, as the consumption and downstream demands from oil industries are on the rise, and the harvest season is getting over. Thus, amidst limited supply and higher demands, prices are expected to incline further.
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.
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.
|Product Name||Avocado Oil|
|Synonyms||8024-32-6, Avocado oleum, Persea gratissima oil, Glyceridic, Lipovala|
|Industrial Uses||High-heat cooking application, Baking, Moisturiser, Lubrication, Cosmetics|
|Supplier Database||Sesajal S.A. de C.V, Bella Vado, Inc, Chosen foods LLC., Grupo Industrial Battellero S.A. de C.V|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
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.
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).
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