Marico and other Indian FMCG companies raised product prices in Q1FY27 to offset rising coconut oil and other raw material costs. Margin pressure may intensify in Q2 as old inventory is depleted, keeping consumer prices on an upward trend.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Coconut | Indonesia | FOB | USD 186.20/MT | May 2026 |
| Coconut | India | FOB | USD 2,202.35/MT | May 2026 |
| Coconut | USA | CIF | USD 221.02/MT | May 2026 |
| Coconut | Brazil | FOB | USD 206.93/MT | May 2026 |
| Coconut | Canada | FOB | USD 222.50/MT | May 2026 |
| Coconut | Indonesia | FOB | USD 210/MT | April 2026 |
| Coconut | India | FOB | USD 2405/MT | April 2026 |
| Coconut | USA | CIF | USD 248/MT | April 2026 |
| Coconut | Brazil | CIF | USD 233/MT | April 2026 |
| Coconut | Canada | CIF | USD 250/MT | April 2026 |
Stay updated with the latest Coconut prices, historical data, and tailored regional analysis
In Q1’26, the coconut prices witnessed a downward trend, especially in India, which accounts for almost 30.37% of the world’s coconut production, owing to export disruptions and oversupply. Global coconut markets entered 2026 with modest production and trade recovery, easing short-term price pressure; however, structural constraints, including aging plantations, limited supply responsiveness, and strong industrial demand, continue to sustain long-term market tightness. Geopolitical instability in West Asia affected critical logistics and transportation routes, increasing the cost of shipping and insurance and hampering the export of coconuts to Gulf nations, thus diverting export volumes to domestic sales and resulting in an oversupply. Arrival of coconuts during the harvesting season further contributed to higher supply despite limited growth in production. Traders also scaled back on purchasing, decreasing demand and driving the drop in prices in major regions like Kerala and Andhra Pradesh. Meanwhile, the policy approach in Q1’26 continued to favour supply improvement, with the Government of India unveiling a Coconut Promotion Scheme in the Union Budget 2026-27 that seeks to enhance productivity through better planting, better seed quality, and improved crop management.
Analyst Insight
According to Procurement Resource, coconut prices are expected to remain under pressure due to continued export constraints and high domestic availability, with recovery dependent on improvement in trade flows.
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The prices of coconuts in 2025 demonstrated a strong upward trend in both global and regional markets. This was attributed to the limited availability of coconuts and the increase in demand. In most of the producing countries, the output of coconuts and other coconut-related products reduced due to extreme weather conditions and poor maintenance of farms. This led to reduced availability in the market. However, the demand for coconuts for export also remained high, encouraging the producing countries to export more to the global market. This reduced the availability of coconuts in the local market.
In the global market, the prices of coconut oil also demonstrated a strong upward trend in 2025. This was attributed to the limited availability of coconuts and the high demand from the food, cosmetics, and pharmaceutical industries. In most of the producing countries such as the Philippines, the prices of coconuts remained high in 2025. This was attributed to the limited availability of coconuts and the high demand for coconuts for export. However, the government replanting programs in the country suggested better availability in the future. Overall, the coconut market in 2025 was driven by limited production, strong global demand, and active export trade, which kept prices elevated throughout the year.
Coconut belongs to the family Arecaceae (palm family). The coconut fruit is a drupe comprising a fibrous husk, a hard shell, and white, edible endosperm with coconut water inside. Coconuts are widely cultivated in tropical regions and are used for various purposes, including food, beverages, cosmetics, and industrial applications.
Edward and Sons Trading Company, Mahavir Coconut Industries (MaxCare), Greenville Agro, Hain Celestial Group, Barlean’s Organic Oils LLC, Nutiva, Inc
Cocos nucifera (scientific name)
Food and beverage (coconut oil, milk, water, desiccated coconut, flour, sugar), cosmetics and personal care (skincare, hair care, soaps, lotions, lip balms), pharmaceutical and healthcare (dietary supplements, herbal remedies), biofuel production (biodiesel, industrial lubricants, machinery lubricants), textile (ropes, mats, carpets), construction and building materials (coconut timber).
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