American Samoa: Coconut Market Overview 2020

Coconut Market Size in American Samoa

The revenue of the coconut market in American Samoa amounted to $X in 2018, jumping by X% against the previous year. In general, coconut consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2015 when the market value increased by X% year-to-year. American Samoa coconut consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Coconut Production in American Samoa

In value terms, coconut production amounted to $X in 2018 estimated in export prices. Overall, coconut production continues to indicate an outstanding increase. The growth pace was the most rapid in 2015 when production volume increased by X% y-o-y. Over the period under review, coconut production attained its maximum level in 2018 and is likely to see steady growth in the immediate term.

Average yield of coconuts in American Samoa amounted to X tonne per ha in 2018, rising by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, the coconut yield reached its maximum level in 2018 and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of coconuts production in American Samoa totaled X ha, remaining stable against the previous year. Over the period under review, the coconut harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. The global coconut harvested area peaked at X ha in 2013; however, from 2014 to 2018, harvested area stood at a somewhat lower figure.

Coconut Exports

Exports from American Samoa

In 2018, approx. X tonnes of coconuts were exported from American Samoa; therefore, remained relatively stable against the previous year. In general, coconut exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, coconut exports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, coconut exports amounted to $X in 2018. Overall, coconut exports continue to indicate outstanding growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. American Samoa exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Indonesia represented the largest exporter of coconuts in the world, with the volume of exports reaching X tonnes, which was near X% of total exports in 2018. Thailand (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by India (X%) and Viet Nam (X%). The following exporters - Cote d'Ivoire (X tonnes), Malaysia (X tonnes) and Guyana (X tonnes) - each recorded a X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to coconut exports from Indonesia stood at +X%. At the same time, Viet Nam (+X%), Malaysia (+X%), India (+X%), Guyana (+X%), Thailand (+X%) and Cote d'Ivoire (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Indonesia (+X p.p.), Thailand (+X p.p.), India (+X p.p.), Viet Nam (+X p.p.), Malaysia (+X p.p.) and Guyana (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), Indonesia ($X) and India ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. Viet Nam, Cote d'Ivoire, Guyana, Malaysia and American Samoa lagged somewhat behind, together comprising a further X terms of the main exporting countries, Viet Nam experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the coconut export price in American Samoa amounted to $X per tonne, picking up by X% against the previous year. Overall, the coconut export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when the export price increased by X% year-to-year. Over the period under review, the export prices for coconuts reached their peak figure in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Thailand ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Guyana, while the other leaders experienced more modest paces of growth.

Coconut Imports

Imports into American Samoa

In 2018, the imports of coconuts into American Samoa amounted to X kg, surging by X% against the previous year. Overall, coconut imports, however, continue to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. In that year, coconut imports reached their peak of X tonnes. From 2010 to 2018, the growth of coconut imports failed to regain its momentum.

In value terms, coconut imports totaled $X in 2018. Over the period under review, coconut imports, however, continue to indicate measured growth. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. American Samoa imports peaked at $X in 2012; however, from 2013 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Thailand (X tonnes) and Malaysia (X tonnes) were the major importers of coconutsaround the world, together achieving X% of total imports. China (X tonnes) took the next position in the ranking, followed by the U.S. (X tonnes). All these countries together held approx. X% share of total imports. The following importers - the United Arab Emirates (X tonnes), the Netherlands (X tonnes) and Singapore (X tonnes) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), the U.S. ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2018, together accounting for X% of total imports.

Thailand recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the coconut import price in American Samoa amounted to $X per tonne, increasing by X% against the previous year. In general, the coconut import price continues to indicate strong growth. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. Over the period under review, the import prices for coconuts attained their peak figure in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform