Market research

Coconut oil and fractions market in Jamaica

$Coconut oil and fractions market in Jamaica$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The market volume for coconut oil and fractions in Jamaica stood at approximately 12 thousand tonnes in 2018 before declining to 10.5 thousand tonnes the following year. After stabilizing near that level in 2020, a period of sustained expansion began, with the market growing to 11.6 thousand tonnes in 2021 and reaching 14.3 thousand tonnes by 2023. This upward trajectory was supported by increasing domestic production, which rose from 9.4 thousand tonnes in 2020 to 13.6 thousand tonnes in 2023.

In 2024, the sector's context was shaped by significant events, including Hurricane Beryl's impact in July, which led to the loss of 3,000 coconut trees. During the same year, the Coconut Industry Board announced its target to raise agro-processing output and value-added exports by at least five percent annually, indicating a continued policy emphasis on industry development.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Jamaica
  1. 5.1.1. Annual dynamics of production in Jamaica in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Jamaica in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Jamaica in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Jamaica by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Jamaica in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Jamaica by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Jamaica, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Jamaica by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Jamaica in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Jamaica by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Jamaica in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Jamaica by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Jamaica, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Jamaica by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Jamaica in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Jamaica by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Jamaica in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Jamaica by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Jamaica, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Jamaica by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Jamaica in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Jamaica by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Jamaica in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Jamaica by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Jamaica, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Jamaica by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production coconut oil and fractions in Jamaica

In kind, 2017-2020, t

Jamaica ranked 17th globally in coconut oil and fractions production from 2017 to 2020.

Top producers of coconut oil and fractions, 2017-2020

Source: SHEV.io

World map of production of coconut oil and fractions, 2017-2020

Source: SHEV.io

Coconut oil and fractions production in Jamaica declined for the third consecutive year. In 2020, Jamaica produced 9 443 tonnes, marking a slight reduction of 1.6% compared to 2019. Over the 2017-2020 period, production decreased by 15.7%, with a compound annual growth rate of -5.5%.

Annual dynamics of production in Jamaica in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.8%)	(12.7%)	(1.6%)	(5.5%)

Source: SHEV.io

Exports coconut oil and fractions from Jamaica

Exports in kind, t

After a two-year decline, Jamaica's coconut oil and fractions exports increased. In 2020, Jamaica exported 9 tonnes, up by 55.1% from the previous year. Over the 2017-2020 period, exports grew by 42.5%, with a compound annual growth rate of 12.5%. The lowest export volume was recorded in 2019 at 6 tonnes, while the largest decline occurred in 2018 at 7.6%.

Annual dynamics of product's exports from Jamaica in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.6%)	(0.6%)	55.1%	12.5%

Source: SHEV.io

From 2017 to 2020, the three largest markets for Jamaica's coconut oil and fractions exports were the Cayman Islands, Trinidad and Tobago, and Antigua and Barbuda, which together accounted for 79.5% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Jamaica in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Jamaica's coconut oil and fractions exports increased for the second consecutive year. In 2020, exports reached 53 thousand US dollars, reflecting a small rise of 2.5% compared to 2019. Between 2017 and 2020, exports decreased by 6.5%, equating to an annualized rate of -2.2%. The lowest value was recorded in 2018 at 39 thousand US dollars, with the largest decline that year at 31.5%. The largest increase occurred in 2019 at 33.3%.

Annual dynamics of product's exports from Jamaica in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(31.5%)	33.3%	2.5%	(2.2%)

Source: SHEV.io

From 2017 to 2020, the Cayman Islands (27.8% of exports in value terms), Trinidad and Tobago (24.3%), and Antigua and Barbuda (12.0%) played the leading roles in Jamaica's coconut oil and fractions exports by value, jointly accounting for 64.1% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Jamaica in value, 2017-2020

Source: SHEV.io

Imports coconut oil and fractions to Jamaica

Imports in kind, t

After a two-year decline, Jamaica's coconut oil and fractions imports increased. In 2020, Jamaica imported 1 093 tonnes, which is 18.2% higher than the previous year. Over the 2017-2020 period, imports grew by 10.8%, with a compound annual growth rate of 3.5%. The lowest import volume was recorded in 2019 at 925 tonnes, with the largest decline that year at 4.5%.

Annual dynamics of product's imports to Jamaica in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.7%)	(4.5%)	18.2%	3.5%

Source: SHEV.io

From 2017 to 2020, Trinidad and Tobago clearly dominated as the supplier of coconut oil and fractions to Jamaica, accounting for 92.7% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Jamaica in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After a two-year contraction, Jamaica's coconut oil and fractions imports increased. In 2020, import volume reached 3 759 thousand US dollars, reflecting a 20.7% increase year-over-year. Over the 2017-2020 period, imports grew by 11%, with a compound annual growth rate of 3.5%. The lowest value was recorded in 2019 at 3 114 thousand US dollars, with the largest decline that year at 6.0%.

Annual dynamics of product's imports to Jamaica in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.2%)	(6.0%)	20.7%	3.5%

Source: SHEV.io

From 2017 to 2020, the import market structure was highly concentrated, with Trinidad and Tobago alone responsible for 91.6% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Jamaica in value, 2017-2020

Source: SHEV.io