Almond Oil Price Trend and Forecast 2026-2027

Almond Oil prices in Germany, the highest-cost reporting region, rose 5.2% in Q3 2026 to USD 12,200/MT from USD 11,600/MT in Q2, as higher California kernel prices raised pressing costs and cosmetic and food demand stayed steady. United States prices rose 5.8% to USD 10,900/MT, while China prices rose 5.5% to USD 8,650/MT. Globally, the average rose from USD 9,854/MT in Q2 to USD 10,397/MT in Q3, a 5.5% gain, following a decline of 2.1% in Q2. For H2 2026, this market is expected to stay firm, with kernel costs and steady cosmetic demand supporting prices.

Almond Oil is a pale oil pressed from sweet almond kernels, available refined for food and cosmetics or as cold-pressed virgin oil, rich in oleic acid and vitamin E. It is used in skin and hair care, massage oils, soaps, food flavoring and cooking, and as a carrier oil in aromatherapy and pharmaceutical preparations. Because oil is pressed from kernels, often broken or lower-grade ones, its price follows California kernel values and the supply of pressing-grade almonds. Kernel prices and pressing-grade supply, cosmetic and food demand, and pressing costs are what drive prices in this market.

Almond Oil Price Forecast for 2026

The outlook for Almond Oil through the end of 2026 stays firm. Kernel prices are at their highest level since the 2015/16 drought year, and steady cosmetic demand supports consumption. Contract negotiations for the coming months are likely to hinge on how feedstock costs and demand evolve. Buyers are expected to keep procurement plans flexible, tracking feedstock and freight conditions closely through the fourth quarter.

The main upside risk is a further downgrade of the California crop estimate. The main downside risk is a recovery in kernel supply combined with softer cosmetic demand. Contract negotiations for the coming months are likely to hinge on how feedstock costs and demand evolve. Buyers are expected to keep procurement plans flexible, tracking feedstock and freight conditions closely through the fourth quarter.

For the Quarter Ending September 2026

Almond Oil Prices Q3 2026:

• Germany: USD 12,200/MT
• United States: USD 10,900/MT
• India: USD 9,350/MT
• China: USD 8,650/MT

Almond Oil Prices in Germany

Germany Almond Oil prices averaged USD 12,200/MT in Q3 2026, the highest of any region tracked here, up 5.2% from USD 11,600/MT in Q2, as cosmetic and food demand at higher kernel costs kept this market at the top of the range. Buyers continued to absorb the higher offers, with procurement activity staying steady through September and inventories remaining broadly balanced across the supply chain.

Why did the price of Almond Oil change in Q3 2026 in Germany?

German cosmetic and food users paid more for sweet almond oil as kernel costs rose and demand stayed steady. Buyers covered needs for the winter season while sellers held offers firm. These conditions were widely expected to remain a key factor shaping offers and procurement planning into the fourth quarter. Regional supply and demand balances continued to evolve as the quarter progressed, keeping price discovery active.

Almond Oil Prices in United States

United States Almond Oil prices averaged USD 10,900/MT in Q3 2026, up 5.8% from USD 10,300/MT in Q2, as higher kernel prices lifted pressing costs and offers. Converters and distributors kept order books active through the quarter, accepting the firmer quotations rather than delaying purchases into the fourth quarter. Regional supply and demand balances continued to evolve as the quarter progressed, keeping price discovery active.

Why did the price of Almond Oil change in Q3 2026 in United States?

US oil offers rose as kernel prices climbed to their highest since the 2015/16 drought year and pressing costs followed. Buyers covered needs for the winter season while sellers held offers firm. Market participants continued to monitor feedstock and freight conditions closely for signs of the next directional move. These conditions were widely expected to remain a key factor shaping offers and procurement planning into the fourth quarter.

Almond Oil Prices in India

India Almond Oil prices averaged USD 9,350/MT in Q3 2026, up 5.6% from USD 8,850/MT in Q2, as growing personal care demand lifted offers. Suppliers held offers firm while spot availability stayed limited, which kept sentiment constructive heading into the final quarter of the year. Market participants continued to monitor feedstock and freight conditions closely for signs of the next directional move.

Why did the price of Almond Oil change in Q3 2026 in India?

Indian personal care manufacturers expanded purchases, and imported oil remained costly. Buyers covered needs for the winter season while sellers held offers firm. Regional supply and demand balances continued to evolve as the quarter progressed, keeping price discovery active. Market participants continued to monitor feedstock and freight conditions closely for signs of the next directional move.

Almond Oil Prices in China

China Almond Oil prices averaged USD 8,650/MT in Q3 2026, the lowest of the four regions, up 5.5% from USD 8,200/MT in Q2, as large-scale pressing capacity kept this market the most affordable. Contract negotiations for the fourth quarter opened with sellers seeking further increases, reflecting the tighter cost structure that producers faced through the period.

Why did the price of Almond Oil change in Q3 2026 in China?

Chinese pressers raised offers modestly as kernel costs rose, while ample capacity limited the increase. Buyers covered needs for the winter season while sellers held offers firm. These conditions were widely expected to remain a key factor shaping offers and procurement planning into the fourth quarter. Regional supply and demand balances continued to evolve as the quarter progressed, keeping price discovery active.

For the Quarter Ending June 2026

Almond Oil Prices Q2 2026:

• Germany: USD 11,600/MT
• United States: USD 10,300/MT
• India: USD 8,850/MT
• China: USD 8,200/MT

Almond Oil Prices in Germany

Germany prices eased 2.1% in Q2 2026 to USD 11,600/MT from USD 11,850/MT in Q1, the highest of any region tracked here, as firm kernel costs and steady cosmetic demand supported offers. Quarter-end offers reflected the elevated cost base carried over from the first quarter, with buyers pushing back and sellers conceding some ground through June.

Why did the price of Almond Oil change in Q2 2026 in Germany?

In Q2, oil prices eased from the first-quarter level as buyers worked from stocks ahead of the new crop. German buyers accepted firmer offers as kernel costs stayed elevated. Market participants continued to monitor feedstock and freight conditions closely for signs of the next directional move. These conditions were widely expected to remain a key factor shaping offers and procurement planning into the fourth quarter.

Almond Oil Prices in United States

United States prices eased 1.9% in Q2 2026 to USD 10,300/MT from USD 10,500/MT in Q1, within the middle of the range tracked here, as firm kernel costs supported offers. Quarter-end offers reflected the elevated cost base carried over from the first quarter, with buyers pushing back and sellers conceding some ground through June. Market participants continued to monitor feedstock and freight conditions closely for signs of the next directional move.

Why did the price of Almond Oil change in Q2 2026 in United States?

In Q2, oil prices eased from the first-quarter level as buyers worked from stocks ahead of the new crop. US offers held firm as kernel costs stayed elevated. Regional supply and demand balances continued to evolve as the quarter progressed, keeping price discovery active. Market participants continued to monitor feedstock and freight conditions closely for signs of the next directional move.

Almond Oil Prices in India

India prices eased 2.2% in Q2 2026 to USD 8,850/MT from USD 9,050/MT in Q1, within the middle of the range tracked here, as growing personal care demand lifted offers. Quarter-end offers reflected the elevated cost base carried over from the first quarter, with buyers pushing back and sellers conceding some ground through June. These conditions were widely expected to remain a key factor shaping offers and procurement planning into the fourth quarter.

Why did the price of Almond Oil change in Q2 2026 in India?

In Q2, oil prices eased from the first-quarter level as buyers worked from stocks ahead of the new crop. Indian buyers faced higher import costs while demand grew. These conditions were widely expected to remain a key factor shaping offers and procurement planning into the fourth quarter. Regional supply and demand balances continued to evolve as the quarter progressed, keeping price discovery active.

Almond Oil Prices in China

China prices eased 2.4% in Q2 2026 to USD 8,200/MT from USD 8,400/MT in Q1, the lowest of the four regions, as kernel costs lifted offers while capacity capped gains. Quarter-end offers reflected the elevated cost base carried over from the first quarter, with buyers pushing back and sellers conceding some ground through June. Regional supply and demand balances continued to evolve as the quarter progressed, keeping price discovery active.

Why did the price of Almond Oil change in Q2 2026 in China?

In Q2, oil prices eased from the first-quarter level as buyers worked from stocks ahead of the new crop. Chinese producers passed through higher costs only gradually. Market participants continued to monitor feedstock and freight conditions closely for signs of the next directional move. These conditions were widely expected to remain a key factor shaping offers and procurement planning into the fourth quarter.

Quarterly Almond Oil Price Trends

Global Almond Oil prices firmed gradually through most of 2025, before accelerating sharply in Q1 2026 as California supply concerns and firm export demand lifted almond kernel values and the products made from them, a firmer environment that carried into Q2 and then surged as the new crop came in smaller than expected in Q3 across the regions tracked in this report.

What was Almond Oil Price in 2025?

Almond Oil firmed across the markets covered in this report through 2025, tracking tightening California supply and steady export demand, with the strongest annual move recorded in United States before the sharp Q1 2026 reversal and the Q3 2026 developments that followed. Market participants continued to monitor feedstock and freight conditions closely for signs of the next directional move.

Almond Oil Prices in Germany in 2025

Germany prices firmed from about USD 10,800/MT in Q1 2025 to USD 11,400/MT by Q4, a gain of roughly 5.6%, the smallest annual move of the four regions. Tightening California supply and steady cosmetic demand lifted pricing through the year. Buyers and sellers tracked tightening California supply and steady export demand closely through the year, and the pattern left this market positioned for the sharp Q1 2026 move that followed.

Almond Oil Prices in United States in 2025

United States prices firmed from about USD 9,500/MT in Q1 2025 to USD 10,100/MT by Q4, a gain of roughly 6.3%, the strongest annual move of the four regions. Tightening California supply and steady cosmetic demand lifted pricing through the year. Buyers and sellers tracked tightening California supply and steady export demand closely through the year, and the pattern left this market positioned for the sharp Q1 2026 move that followed.

Almond Oil Prices in India in 2025

India prices firmed from about USD 8,200/MT in Q1 2025 to USD 8,700/MT by Q4, a gain of roughly 6.1%. Tightening California supply and steady cosmetic demand lifted pricing through the year. Buyers and sellers tracked tightening California supply and steady export demand closely through the year, and the pattern left this market positioned for the sharp Q1 2026 move that followed.

Almond Oil Prices in China in 2025

China prices firmed from about USD 7,600/MT in Q1 2025 to USD 8,050/MT by Q4, a gain of roughly 5.9%. Tightening California supply and steady cosmetic demand lifted pricing through the year. Buyers and sellers tracked tightening California supply and steady export demand closely through the year, and the pattern left this market positioned for the sharp Q1 2026 move that followed.

How We Can Help

Expert Market Research: Your Source for Real-Time Almond Oil Price Intelligence

Expert Market Research tracks Almond Oil prices continuously across every major producing and consuming region, combining California kernel price and crop data, cosmetic and food demand signals, and pressing cost trends into a single, regularly updated view of the market. Our team can help your procurement function benchmark current offers, plan purchases around the trends covered in this report, and build a defensible view of where this pressed nut oil is headed next. Reach out to our team for a tailored briefing or a deeper look at any of the regional markets covered here.