Asia
In 2025, the market for virgin coconut oil in Asia was characterized by an upward trend. At the beginning of the year, the production levels were affected negatively by weather conditions, reduced coconut harvests, and plantation issues, which affected the supply of the raw material. The export market, especially neighbouring countries, was doing well, and this maintained the competitiveness of the local market. The Indonesian and Malaysian markets experienced reduced raw material, while the Philippines recorded the highest price increase, mainly because of the aging coconut trees and weather conditions. The local market maintained its demand, and the export market was active, contributing to the increased prices.
Europe
Virgin Coconut Oil prices in Europe continued to increase in 2025, reflecting the global supply tightness. Shipments from Asian countries decreased, and food, cosmetic, and personal care industries sustained high demand for virgin coconut oil. Buyers had no choice but to compete for the limited supply of virgin coconut oil. Delays in shipment and high freight rates added pressure to the prices. Even though supply conditions somewhat improved during some seasons, they still remained low, sustaining the upward trend in virgin coconut oil prices.
North America
In terms of markets, those in North America also experienced similar trends, whereby prices continued to rise steadily throughout 2025. Lower levels of imports from key Asian countries contributed to a tight market, and a strong demand from food, beverage, and personal care industries ensured prices remained steady. Higher import costs, tariffs, and logistics also contributed to a resolute market.
Analyst Insight
According to Procurement Resource, prices for Virgin Coconut Oil are likely to remain steady in the short term due to lower levels of production, although replanting programs and higher yields could eventually stabilize the market.