Coconuts, Brazil nuts and cashews market in Saint Kitts and Nevis

Earlier Report Observations

The market volume for coconuts, Brazil nuts and cashews in Saint Kitts and Nevis increased from 3 550 tonnes in 2018 to a peak of 4 171 tonnes in 2020, before contracting to 3 651 tonnes in 2022 and showing a modest recovery to 3 756 tonnes in 2023. In value terms, the market followed a similar trajectory, rising from $12.4 million to a high near $15.0 million in 2020, then declining to approximately $13.6 million by the end of the period.

Domestic production remained stable at 3 600 tonnes per year from 2018 through 2021, but fell to 3 300 tonnes in 2022 and 2023. Fluctuations in import volumes, which ranged from a low of 334 tonnes in 2021 to 571 tonnes in 2020, were the primary driver of year-to-year changes in total market size during these years.

By 2023, the market had stabilized around 3 750 tonnes, indicating a phase of consolidation after the growth and subsequent adjustment observed earlier in the period.

Production coconuts, Brazil nuts and cashews in Saint Kitts and Nevis

In kind, 2017-2020, t

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

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

In 2019, Saint Kitts and Nevis produced 3,600 tonnes of coconuts, Brazil nuts, and cashews, marking the highest output during the period. Production in 2020 remained at 3,600 tonnes, showing negligible change from the previous year. Between 2017 and 2020, overall production grew by 20%, equivalent to an annualized rate of 6.3%. The largest decline occurred in 2018, with a 0.0% decrease, while the most significant increase was in 2019, at 20.0%.

Annual dynamics of production in Saint Kitts and Nevis in kind, 2017-2020, t

Exports coconuts, Brazil nuts and cashews from Saint Kitts and Nevis

Exports in kind, t

In 2020, exports of coconuts, Brazil nuts, and cashews from Saint Kitts and Nevis totaled 0.0 tonnes, unchanged from 2019. Over the 2017-2020 period, exports fell by 33.3%, with a compound annual growth rate of -12.6%. The lowest export volume was recorded in 2018 at 0.0 tonnes. The largest decline occurred in 2018, with a 33.3% drop, while the biggest increase was in 2019, at 0.0%.

Annual dynamics of product's exports from Saint Kitts and Nevis in kind, 2017-2020, t

From 2017 to 2020, the export market was highly concentrated, with Anguilla accounting for 100.0% of total exports in volume.

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

World map of product's exports from Saint Kitts and Nevis in kind, 2017-2020

Exports in value, K $ US

In 2020, Saint Kitts and Nevis exported $0.2 thousand US worth of coconuts, Brazil nuts, and cashews, remaining broadly stable compared to 2019. Between 2017 and 2020, exports decreased by 3.8%, equating to an annualized rate of -1.3%. The lowest value was recorded in 2018 at $0.2 thousand US. The largest decline occurred in 2018, with a 3.8% decrease, while the biggest increase was in 2019, at 0.0%.

Annual dynamics of product's exports from Saint Kitts and Nevis in value, 2017-2020, K $ US

From 2017 to 2020, Anguilla was the primary destination for coconuts, Brazil nuts, and cashews from Saint Kitts and Nevis, consistently absorbing 100.0% of total exports in value.

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

World map of product's exports from Saint Kitts and Nevis in value, 2017-2020

Imports coconuts, Brazil nuts and cashews to Saint Kitts and Nevis

Imports in kind, t

Import volumes showed significant volatility during this period. In 2019, imports decreased by 32.6%, the largest decline recorded. In 2020, imports of coconuts, Brazil nuts, and cashews into Saint Kitts and Nevis amounted to 570.9 tonnes, a 54.1% increase from 2019. The largest increase occurred in 2018, at 3,361.8%. From 2017 to 2020, the peak-to-trough amplitude was 36 times, indicating high market fluctuations.

Annual dynamics of product's imports to Saint Kitts and Nevis in kind, 2017-2020, t

From 2017 to 2020, Saint Vincent and the Grenadines was the main source for imports in volume, accounting for 80.4% of total flows, while other markets contributed smaller shares.

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

World map of product's imports to Saint Kitts and Nevis in kind, 2017-2020

Imports in value, K $ US

The import market exhibited volatility over the observed years. In 2019, imports declined by 16.3%, the largest drop recorded. In 2020, imports of coconuts, Brazil nuts, and cashews into Saint Kitts and Nevis totaled $310.0 thousand US, a sharp increase of 74.9% from the previous year. The largest increase occurred in 2018, at 373.2%. The highest value was in 2020, while the lowest was in 2017, with a peak-to-trough ratio of 6.9 times.

Annual dynamics of product's imports to Saint Kitts and Nevis in value, 2017-2020, K $ US

From 2017 to 2020, Guyana (with 49.7% of total flows) and Saint Vincent and the Grenadines (33.8%) together accounted for 83.6% of total imports in value, with other partners making up the remainder.

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

World map of product's imports to Saint Kitts and Nevis in value, 2017-2020