Archive · 23 May 2025
Coconut Oil Prices Rise, Affecting Indian Households
Coconut oil is becoming more expensive, which means higher costs for consumers!
Companies like Marico and Dabur, who make coconut oil, have raised prices because copra (dried coconut) is much pricier.
Bad weather and production issues around the world made coconuts harder to get.
Prices are at record highs globally.
Companies are working hard to manage these costs, hoping that demand will eventually improve.
Coconut oil prices have risen sharply over the past year, impacting consumers.
Marico and Dabur have raised prices, citing inflationary pressures.
Copra prices have increased by 40-50% over the past year, impacting the cost of production.
Global coconut oil prices have reached record highs, exceeding $2,700 per metric tonne.
FMCG companies are navigating high input costs, with some expecting better volume growth.
- Who
- Consumers and FMCG companies (Marico, Dabur)
- What
- Significant increase in coconut oil prices
- When
- Past year, with prices peaking recently
- Where
- India and globally, with focus on Southeast Asia
- Why
- High copra prices and poor weather affecting coconut production
- Marico & Dabur Price Hikes (Past 12 Months)
- Approximately 40%
- Copra Price Increase (Past Year)
- 40-50%
- Benchmark Wholesale Price (Filipino Coconut Oil)
- $2,700+
- Dabur Price Hike (Past 3-6 Months)
- 10%
- Marico's Market Share
- Over 50%
