Coconuts, Brazil nuts and cashews market in Polynesia

Earlier Report Observations

From 2018 to 2022, the production volume of coconuts, Brazil nuts and cashews in Polynesia showed a steady increase, rising from 217.7 thousand tons to 223.1 thousand tons. In value terms, production experienced a dip in 2019 to 138.1 million dollars before recovering to 178.2 million dollars by 2022, with the market size following a similar trend in both volume and value.

A notable acceleration occurred in 2023, with production jumping to 240.8 thousand tons and the market volume reaching 240.0 thousand tons. The value of production also rose significantly to 213.3 million dollars. This surge was supported by a growing worldwide consumer preference for healthier and more sustainable foods, which increased demand for nuts and stimulated higher production levels.

In 2024, the global cashew market entered a period of undersupply due to a poor harvest and depleted stocks in West Africa, leading to substantial price increases for key grades. While comprehensive 2024 data for Polynesia is pending, these global supply tensions and strong demand from major international buyers created a context of tighter supply and upward price pressure for nuts.

Production coconuts, Brazil nuts and cashews in Polynesia

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

Polynesia's production of coconuts, Brazil nuts, and cashews has increased for the second year in a row. In 2020, the region produced 219.7 thousand tons, which remained virtually unchanged from the previous year. The lowest production level was recorded in 2018 at 217.7 thousand tons, marking the largest decline of 1.4% during the period.

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

In value, 2017-2020, M $ US

In 2020, the value of coconuts, Brazil nuts, and cashews produced in Polynesia reached 151.3 million US dollars, representing a 9.5% increase from the previous year. Over the 2017-2020 period, production value grew by 17.5%, with an average annual growth rate of 5.5%. The highest value was recorded in 2018 at 152.9 million US dollars, which saw the largest increase of 18.8%. The largest decline occurred in 2019 with a drop of 9.7%.

Annual dynamics of production in Polynesia in value, 2017-2020, M $ US

Exports coconuts, Brazil nuts and cashews from Polynesia

Exports in kind, t

Coconuts, Brazil nuts, and cashews exports from Polynesia have risen for the second consecutive year. In 2020, exports totaled 1 299 tons, showing a 4.7% increase from 2019. However, between 2017 and 2020, overall exports decreased by 21.8%, equivalent to an annualized decline of 7.9%. The lowest export volume was in 2018 at 1 162 tons, which experienced the largest decline of 30.0%. The largest increase was recorded in 2019 with a 6.8% rise.

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

From 2017 to 2020, Australia and New Zealand dominated Polynesia's exports in volume, jointly accounting for 99.7% of total flows.

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

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

Exports in value, K $ US

After two years of decline, Polynesia's export value for coconuts, Brazil nuts, and cashews increased in 2020. Exports amounted to 894.4 thousand US dollars, up by 14.1% from 2019. Over the 2017-2020 period, export value decreased by 7.6%, with an average annual decline of 2.6%. The lowest value was recorded in 2019 at 784.1 thousand US dollars, while the largest decline occurred in 2018 with a 15.7% drop.

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

Between 2017 and 2020, Australia and New Zealand formed a duopoly in Polynesia's export value, together holding 99.6% of total flows.

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

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

Imports coconuts, Brazil nuts and cashews to Polynesia

Imports in kind, t

Polynesia's imports of coconuts, Brazil nuts, and cashews showed significant fluctuations from 2017 to 2020. The period peaked in 2017 and reached its lowest point in 2020, with a 4.3-fold difference between these years. In 2020, imports totaled 16 tons, marking a sharp decline of 63.3% compared to 2019. The largest increase was recorded in 2019 with a 0.7% rise.

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

From 2017 to 2020, New Zealand (26.4% of import volume), the United States (26.3%), and Singapore (10.8%) were the main sources for Polynesia's imports, together accounting for 63.5% of total volume.

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

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

Imports in value, K $ US

In 2020, Polynesia imported 121.7 thousand US dollars worth of coconuts, Brazil nuts, and cashews, indicating a sharp contraction of 34.4% from the previous year. Over the 2017-2020 period, import value decreased by 18.1%, equivalent to an annualized decline of 6.4%. The highest value was recorded in 2019 at 185.5 thousand US dollars, which saw the largest increase of 31.1%.

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

Throughout 2017-2020, New Zealand (24.5% of import value), the United States (18.9%), and Vietnam (16.9%) formed the core group of markets for Polynesia's imports, together representing 60.2% of total value.

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

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