Coconuts, Brazil nuts and cashews market in Seychelles

Earlier Report Observations

From 2018 to 2021, the market volume for coconuts, Brazil nuts and cashews in Seychelles remained stable at around 4 830 t annually. The introduction of the Coco De Mer Regulations in 2019, which set rules for processing and trade of unprocessed kernel, alongside the COVID-19 pandemic's impact on tourism in 2020, did not substantially alter total market size. Government tree-planting programs initiated in 2018 focused on long-term sustainability rather than immediate production changes.

Market volume expanded sharply to 6 073 t in 2022 and reached 6 103 t in 2023. This growth coincided with the 2023 cabinet endorsement of new regulations that repealed the 2019 restrictions, permitting processing, trade and export of unprocessed coco de mer kernel. The regulatory easing likely stimulated production, a trend supported by organized coco de mer sales and auctions conducted by the Seychelles Parks and Gardens Authority.

Production coconuts, Brazil nuts and cashews in Seychelles

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 Seychelles, production of coconuts, Brazil nuts, and cashews remained relatively stable in 2020, with 4 800 tonnes produced, showing little change from 2019. The largest decline occurred in 2018, at 0.0%, while the largest increase was also recorded in 2018, at 0.0%.

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

Exports coconuts, Brazil nuts and cashews from Seychelles

Exports in kind, kg

In 2020, exports of coconuts, Brazil nuts, and cashews from Seychelles reached 2 982 kg, marking a sharp increase of 405.8% compared to the previous year. From 2017 to 2020, exports grew by 976.4%, which translates to an annualized rate of 120.8%.

Annual dynamics of product's exports from Seychelles in kind, 2017-2020, kg

Between 2017 and 2020, the country structure of exports in kind was highly concentrated, with the United Arab Emirates and Hong Kong together accounting for 88.7% of total flows, while other partners made up the remainder.

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

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

Exports in value, K $ US

The market exhibited significant volatility during these years. Exports varied by a factor of 82, from a low in 2017 to a high in 2018. In 2020, cross-border shipments of coconuts, Brazil nuts, and cashews from Seychelles totaled 224.6 K $ US, an increase of 8 051.6% compared to the previous year.

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

From 2017 to 2020, the geographical pattern of exports in value terms was dominated by Hong Kong, which held a 71.3% share of total flows, with other partners contributing relatively minor shares.

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

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

Imports coconuts, Brazil nuts and cashews to Seychelles

Imports in kind, kg

In 2020, imports of coconuts, Brazil nuts, and cashews into Seychelles amounted to 27 777 kg, a decrease of 19.8% from the previous year. The minimum volume was recorded in 2018 at 27 040 kg, while the maximum was in 2019 at 34 655 kg. The largest increase occurred in 2019, at 28.2%.

Annual dynamics of product's imports to Seychelles in kind, 2017-2020, kg

During 2017–2020, the main sources for imports in kind of coconuts, Brazil nuts, and cashews to Seychelles were the United Arab Emirates (45.1% of imports in kind), Singapore (27.5% of imports in kind), and India (14.1% of imports in kind), collectively representing 86.6% of total flows.

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

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

Imports in value, K $ US

After a two-year increase, imports of coconuts, Brazil nuts, and cashews into Seychelles declined. In 2020, imports totaled 229.3 K $ US, down by 41.6% compared to the previous year. From 2017 to 2020, imports decreased by 18%, equivalent to an annualized rate of 6.4%. The maximum value was recorded in 2019 at 392.9 K $ US, and the largest increase occurred in 2018 at 28.8%.

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

In the period 2017–2020, the United Arab Emirates (50.9% of imports in value terms), Singapore (27.8% of imports in value terms), and India (11.3% of imports in value terms) were the primary destinations for imports in value terms of coconuts, Brazil nuts, and cashews to Seychelles, together accounting for 90.0% of total flows.

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

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