Market research

Coconuts market in Americas

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Americas" region includes following countries:

Bermuda

Canada

Greenland

Saint Pierre and Miquelon

the United States

Argentina

Bolivia

Bouvet Island

Brazil

Chile

Colombia

Ecuador

Falkland Islands (Malvinas)

South Georgia and the South Sandwich Islands

French Guiana

Guyana

Paraguay

Peru

Suriname

Uruguay

Venezuela

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

The coconut market in the Americas showed stable volumes from 2018 to 2021, with market size hovering around 4 700–4 760 thousand tons. A significant expansion occurred in 2022, when the market grew by 8.5% to 5 126 thousand tons, followed by a further 4.6% increase to 5 363 thousand tons in 2023.

By 2024, several factors were shaping the market. Demand for coconut products rose due to health-conscious consumers seeking plant-based alternatives, leading major companies like Vita Coco, Danone, and Nestlé to launch new coconut-based beverages and yogurts. Thai Coconut Public Company Limited expanded production facilities to meet growing needs for coconut milk and cream. At the same time, supply chain vulnerabilities emerged from environmental challenges like unpredictable weather and diseases affecting coconut plantations. E-commerce also became a key sales channel, supporting market access.

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 Americas
  1. 5.1.1. Annual dynamics of production in Americas in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K 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, K 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. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, M $ 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 coconuts in Americas

In kind, 2017-2020, K t

Top producers of coconuts, 2017-2020

Source: SHEV.io

World map of production of coconuts, 2017-2020

Source: SHEV.io

In the Americas, coconut production reached 4 692 thousand tonnes in 2020, marking a slight increase of 0.8% compared to the previous year. Over the period from 2017 to 2020, production grew by 2.6%, with an average annual growth rate of 0.9%. The highest production level was recorded in 2018 at 4 724 thousand tonnes, which represented a 3.3% increase from the prior year. In contrast, 2019 saw the largest decline, with production dropping by 1.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.3%	(1.4%)	0.8%	0.9%

Source: SHEV.io

Exports coconuts from Americas

Exports in kind, t

Cross-border shipments of coconuts from the Americas increased for the second consecutive year in 2020, reaching 23 145 tonnes, a gain of 16.8% compared to 2019. However, over the period from 2017 to 2020, exports decreased by 12%, with an average annual decline of 4.2%. The lowest export volume was recorded in 2018 at 14 290 tonnes, which represented a sharp decline of 45.7% from the previous year. In 2019, exports rebounded with the largest increase of 38.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(45.7%)	38.6%	16.8%	(4.2%)

Source: SHEV.io

From 2017 to 2020, the portfolio of buyers for coconuts from the Americas was broad, with many countries holding small but notable shares. The Netherlands accounted for 1.5% of exports in kind, Italy for 1.4%, and Belgium for 1.1%, together contributing only 3.9% of total exports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

After a two-year decrease, coconut exports from the Americas increased in 2020, reaching 41.0 million US dollars, up by 20.9% from the previous year. Between 2017 and 2020, exports decreased by 7.1%, equating to an average annual decline of 2.4%. The lowest value was recorded in 2019 at 33.9 million US dollars, which saw the largest decline of 14.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.1%)	(14.6%)	20.9%	(2.4%)

Source: SHEV.io

Over the period from 2017 to 2020, the Netherlands, Italy, and Belgium were the main destinations for coconut exports from the Americas in value terms. The Netherlands accounted for 1.0% of exports, Italy for 0.9%, and Belgium for 0.7%, together absorbing 2.7% of total exports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coconuts to Americas

Imports in kind, t

Imported coconut volumes in the Americas increased for the third consecutive year in 2020, amounting to 51 047 tonnes, which is 0.8% above the 2019 level. Between 2017 and 2020, imports grew by 7.5%, equating to an average annual increase of 2.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.3%	1.3%	0.8%	2.4%

Source: SHEV.io

Throughout 2017 to 2020, the Philippines, Indonesia, and Sri Lanka remained the main sources for coconut imports in kind to the Americas. The Philippines accounted for 28.1% of imports, Indonesia for 20.4%, and Sri Lanka for 4.5%, jointly taking 53.0% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

In 2020, coconut deliveries to the Americas stood at 94.1 million US dollars, indicating a moderate rise of 6.3% year-over-year. Over the period from 2017 to 2020, imports decreased by 16.4%, with an average annual decline of 5.8%. The minimum value was recorded in 2019 at 88.5 million US dollars, which saw the largest decline of 24.0%. In contrast, the maximum value was recorded in 2018 at 116.5 million US dollars.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.4%	(24.0%)	6.3%	(5.8%)

Source: SHEV.io

From 2017 to 2020, the Philippines, Indonesia, and Sri Lanka were the main suppliers of coconuts to the Americas in value terms. The Philippines accounted for 40.1% of imports, Indonesia for 21.0%, and Sri Lanka for 10.8%, together comprising 71.9% 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 Americas in value, 2017-2020

Source: SHEV.io