Coconut trees in the Philippines have already been on the decline for decades, and the coconut oil from coconuts is also now valued as a fuel source in bio-diesel production, resulting in
less coconut oil availability as a food source each year.
The price of
coconut oil depends on many factors such as its
availability (cheaper where it is produced and dearer otherwise, further dearer if ordered via phone, Internet etc.), demand, variety (the refined one costs least, followed by the fractionated, the virgin, the organic and the organic virgin
coconut oils etc.), brand, quantity (buying in bulk costs a little
less), packaging etc..