Coconuts market in Brazil

Earlier Report Observations

Between 2018 and 2020, Brazil's coconut market volume grew from 2 359 thousand tonnes to 2 447 thousand tonnes. This increase was primarily driven by rising domestic demand for coconut-based products, particularly coconut water and coconut milk, as health-conscious consumers expanded their purchases. Regulatory measures, such as the 2020 rule setting a maximum sugar content for reconstituted coconut water, also influenced product formulations and market offerings during this period.

Market growth accelerated from 2021 onward, with volume reaching 2 910 thousand tonnes by 2023. This stronger expansion was fueled by new industrial investments, notably Dikoko's processing plant in Ceará, which increased production capacity. The approval of the National Quality Coconut Farming Incentive Policy in 2022 provided tax benefits and rural credit, boosting farm productivity. Additionally, packaging innovations like a biodegradable film developed by Embrapa helped Brazilian coconuts gain access to premium export markets, supporting overall market growth.

Production coconuts in Brazil

In kind, 2018-2021, K t

From 2018 to 2021, Brazil ranked as the world's fourth-largest producer of coconuts.

Top producers of coconuts, 2018-2021

World map of production of coconuts, 2018-2021

Brazil's coconut production grew for the third year in a row. In 2021, the country produced 2 465 thousand tonnes of coconuts, showing a modest year-over-year increase of 1.3%. Over the 2018-2021 period, production rose by 5.1%, with an average annual growth rate of 1.7%.

Annual dynamics of production in Brazil in kind, 2018-2021, K t

Exports coconuts from Brazil

Exports in kind, t

Brazil's coconut exports expanded for the second consecutive year. In 2021, exports reached 1 121 tonnes, up 1.6% from the previous year. Between 2018 and 2021, exports fell by 2.3%, with an average annual decline of 0.8%. The lowest export volume was recorded in 2019 at 975 tonnes, which marked the largest decrease of 15.0% that year. In contrast, exports saw their biggest rise in 2020, increasing by 13.1%.

Annual dynamics of product's exports from Brazil in kind, 2018-2021, t

Between 2018 and 2021, three key markets—Argentina, Egypt, and Spain—collectively accounted for 62.1% of Brazil's total coconut exports by volume.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Brazil in kind, 2018-2021

Exports in value, K $ US

Brazil's coconut export value grew for the third straight year. In 2021, exports totaled 1 252 thousand US dollars, a 25.7% increase compared to 2020. From 2018 to 2021, export value surged by 59.4%, translating to an average annual growth rate of 16.8%.

Annual dynamics of product's exports from Brazil in value, 2018-2021, K $ US

From 2018 to 2021, no single market dominated Brazil's coconut exports in value terms. Argentina accounted for 19.4% of export value, the United States for 17.1%, and Egypt for 10.1%, together making up 46.6% of the total. Many smaller partners each held relatively modest shares.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Brazil in value, 2018-2021

Imports coconuts to Brazil

Imports in kind, t

Brazil's coconut import volume declined for the second year in a row. In 2021, imports stood at 8 541 tonnes, a sharp 38.7% drop year-over-year. Between 2018 and 2021, import volume fell by 43.7%, with an average annual decrease of 17.4%. The peak import volume was in 2019 at 15 755 tonnes, which also saw the largest increase of 3.8% that year.

Annual dynamics of product's imports to Brazil in kind, 2018-2021, t

From 2018 to 2021, Brazil's coconut imports by volume were highly concentrated, with Indonesia and the Philippines together representing 90.5% of total flows, while other countries contributed minimal amounts.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Brazil in kind, 2018-2021

Imports in value, K $ US

Brazil's coconut import value decreased for the third consecutive year. In 2021, imports amounted to 15 256 thousand US dollars, down 17.9% from the previous year. Over the 2018-2021 period, import value dropped by 47.3%, equating to an average annual decline of 19.2%.

Annual dynamics of product's imports to Brazil in value, 2018-2021, K $ US

Throughout 2018-2021, Indonesia and the Philippines were the main suppliers of coconuts to Brazil in value terms, together accounting for 89.6% of total imports, with other countries making up the balance.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Brazil in value, 2018-2021