Coconuts, Brazil nuts and cashews market in Oceania

Earlier Report Observations

The market volume for coconuts, Brazil nuts and cashews in Oceania stood at 2.9 million tonnes in 2018, edging down slightly the following year. A sharp contraction occurred in 2020, pulling the market size down to 2.3 million tonnes. After this drop, the market entered a phase of stabilization and modest recovery.

From 2021 onward, a gradual expansion of the global nut market, driven by rising demand for healthy snacks and plant‑based ingredients, provided support for Oceania's consumption. The entry of new international processors, such as the opening of a large cashew‑processing unit in West Africa, reinforced global supply chains and accessibility.

Concurrently, investments in traceability systems and quality certifications improved access to premium export segments, while shifting consumer preferences toward healthy and sustainable foods sustained underlying demand. These factors helped the market volume reach 2.3 million tonnes by 2023.

Production coconuts, Brazil nuts and cashews in Oceania

In kind, 2017-2020, K t

Top producers of coconuts, Brazil nuts and cashews, 2017-2020

World map of production of coconuts, Brazil nuts and cashews, 2017-2020

Oceania's production of coconuts, Brazil nuts, and cashews has declined for the third year in a row. In 2020, the region produced 2,245 thousand tonnes of these nuts, representing a significant decrease of 20.9% from the previous year. Looking at the period from 2017 to 2020, production fell by 22.1%, which translates to an average annual decline of 8.0%.

Annual dynamics of production in Oceania in kind, 2017-2020, K t

Exports coconuts, Brazil nuts and cashews from Oceania

Exports in kind, t

The data shows irregular fluctuations, pointing to a volatile market environment. Export volumes varied widely, with the lowest point in 2018 at 794 tonnes and the highest in 2020 at 10,670 tonnes, a 13.4-fold difference. In 2020, Oceania exported 10,670 tonnes of coconuts, Brazil nuts, and cashews, marking a substantial increase of 132.4% compared to the previous year. The largest decline occurred in 2018, dropping by 32.9%, while the largest increase was in 2019, surging by 478.5%.

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

From 2017 to 2020, the Philippines, Bangladesh, and Vietnam were the top destinations for Oceania's exports of coconuts, Brazil nuts, and cashews in volume terms. The Philippines accounted for 60.0% of exports, Bangladesh for 5.6%, and Vietnam for 1.1%, together making up 66.7% of total export flows.

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

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

Exports in value, M $ US

The market exhibited volatility during the observed period. Exports reached their lowest point in 2018 at 2.3 million US dollars and peaked in 2020 at 6.2 million US dollars, with a 2.6-fold gap between these years. In 2020, Oceania's exports of coconuts, Brazil nuts, and cashews amounted to 6.2 million US dollars, showing a strong increase of 21.0% over the previous year. The largest decline was recorded in 2018, falling by 39.2%, while the largest increase occurred in 2019, rising by 118.0%.

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

From 2017 to 2020, the buyer portfolio for Oceania's coconuts, Brazil nuts, and cashews in value terms was diverse. The Philippines contributed 36.0% of export value, Vietnam 6.1%, and Hong Kong 3.1%, together accounting for 45.1% of total exports. Many other countries held smaller but notable shares, indicating a broad distribution.

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

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

Imports coconuts, Brazil nuts and cashews to Oceania

Imports in kind, t

In 2020, Oceania imported 38,590 tonnes of coconuts, Brazil nuts, and cashews from abroad, a slight decrease of 0.8% compared to the previous year. Over the period from 2017 to 2020, imports declined by 4.5%, with an average annual decrease of 1.5%. The lowest import volume was in 2018 at 37,632 tonnes. The largest decline occurred in 2018, dropping by 6.8%, while the largest increase was in 2019, rising by 3.3%.

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

Between 2017 and 2020, Vietnam, the Philippines, and Thailand were the primary sources for Oceania's imports of coconuts, Brazil nuts, and cashews in volume terms. Vietnam accounted for 47.5% of imports, the Philippines for 22.2%, and Thailand for 11.4%, together representing 81.2% of total import flows.

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

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

Imports in value, M $ US

In 2020, Oceania imported 163.6 million US dollars worth of coconuts, Brazil nuts, and cashews, reflecting a solid contraction of 18.0% compared to 2019. Over the period from 2017 to 2020, imports decreased by 31.3%, with an average annual decline of 11.8%. The largest increase was recorded in 2019, rising by 0.6%.

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

From 2017 to 2020, imports of coconuts, Brazil nuts, and cashews to Oceania in value terms were heavily concentrated on Vietnam, which accounted for 72.2% of total flows. Other countries combined made up the remaining share.

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

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