Coconuts market in Jamaica

Earlier Report Observations

Jamaica's coconut market volume showed relative stability in the late 2010s, with figures hovering around 103 thousand tons. A notable contraction occurred in 2020, reducing the market to 90.6 thousand tons.

The market recovered in 2021, surpassing 101 thousand tons, and then entered a phase of substantial expansion. A major surge in 2022 drove the volume to 139 thousand tons, marking a significant increase for the period.

By 2023, the market stabilized at a high level of nearly 140 thousand tons, consolidating the gains from the previous year's growth.

Production coconuts in Jamaica

In kind, 2017-2020, K t

Jamaica was among the world's leading coconut producers from 2017 to 2020, ranking 26th globally by production volume.

Top producers of coconuts, 2017-2020

World map of production of coconuts, 2017-2020

Coconut production in Jamaica declined for the second consecutive year. In 2020, the country produced 90.6 thousand tons of coconuts, representing a 12.2% decrease compared to 2019. Between 2017 and 2020, production fell by 10.3%, which translates to an average annual decline of 3.6%. The highest production level was recorded in 2018 at 103.6 thousand tons, with the largest year-on-year increase of 2.5% also occurring that year.

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

Exports coconuts from Jamaica

Exports in kind, kg

The export market for coconuts from Jamaica showed significant volatility during this period. The lowest export volume was recorded in 2019 at 6 528 kg, while the highest was in 2018 at 37 570 kg, creating a 5.8-fold difference between these years. In 2020, Jamaica's coconut exports reached 15 317 kg, marking a substantial increase of 134.7% compared to 2019. The most significant decline occurred in 2019, with exports dropping by 82.6%.

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

From 2017 to 2020, the United States remained Jamaica's dominant export partner for coconuts, accounting for 86.2% of total export volumes, while other markets represented a much smaller share.

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

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

Exports in value, K $ US

The value of Jamaica's coconut exports experienced notable fluctuations between 2017 and 2020. The lowest value was recorded in 2019 at 22.2 thousand US dollars, while the highest was in 2017, creating a 6.3-fold difference between these years. In 2020, Jamaica exported 68.9 thousand US dollars worth of coconuts, representing a dramatic increase of 210.6% compared to 2019. The most significant decline occurred in 2019, with export values falling by 84.0%.

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

Between 2017 and 2020, the export market structure was highly concentrated, with the United States alone responsible for 91.6% of Jamaica's total coconut export value.

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

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

Imports coconuts to Jamaica

Imports in kind, kg

Jamaica's coconut import volumes showed irregular patterns, indicating a volatile market environment. The lowest import volume was recorded in 2017, while the highest was in 2019 at 55 550 kg, representing a 2.8-fold increase between these years. In 2020, Jamaica imported 19 727 kg of coconuts, marking a reduction of 64.5% compared to 2019. The most significant increase occurred in 2019, with imports rising by 100.3%.

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

From 2017 to 2020, the United States was Jamaica's primary source for coconut imports, accounting for 85.8% of total import volumes, with other markets representing only a small fraction.

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

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

Imports in value, K $ US

After two years of growth, Jamaica's coconut import values declined. Between 2017 and 2020, imports decreased by 42.6%, equating to an average annual decline of 16.9%. The highest import value was recorded in 2019 at 148.8 thousand US dollars, with the largest year-on-year increase of 40.1% also occurring that year. In 2020, imports were recorded at 57.2 thousand US dollars, representing a 61.6% drop compared to 2019.

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

Between 2017 and 2020, the United States remained the overwhelmingly dominant supplier of coconuts to Jamaica, accounting for 97.6% of total import value.

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

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