Jamaica: Coconut Market Overview 2020

Coconut Market Size in Jamaica

The revenue of the coconut market in Jamaica amounted to $X in 2018, falling by -X% against the previous year. In general, coconut consumption continues to indicate a measured contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, the coconut market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Coconut Production in Jamaica

In value terms, coconut production amounted to $X in 2018 estimated in export prices. Over the period under review, coconut production continues to indicate a drastic setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. In that year, coconut production reached its peak level of $X. From 2016 to 2018, coconut production growth remained at a somewhat lower figure.

Average yield of coconuts in Jamaica stood at X tonne per ha in 2018, leveling off at the previous year. Overall, the coconut yield continues to indicate a mild increase. The most prominent rate of growth was recorded in 2011 when yield increased by X% year-to-year. Over the period under review, the average coconut yield reached its maximum level in 2018 and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of coconuts in Jamaica totaled X ha, reducing by -X% against the previous year. Over the period under review, the coconut harvested area continues to indicate a temperate curtailment. The pace of growth appeared the most rapid in 2010 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to coconut production reached its maximum at X ha in 2008; however, from 2009 to 2018, harvested area failed to regain its momentum.

Coconut Exports

Exports from Jamaica

In 2018, approx. X tonnes of coconuts were exported from Jamaica; picking up by X% against the previous year. In general, coconut exports continue to indicate a temperate increase. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, coconut exports attained their peak figure at X tonnes in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, coconut exports totaled $X in 2018. In general, coconut exports continue to indicate a measured shrinkage. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Exports peaked at $X in 2010; however, from 2011 to 2018, exports remained at a lower figure.

Coconut Imports

Imports into Jamaica

In 2018, the amount of coconuts imported into Jamaica stood at X tonnes, reducing by -X% against the previous year. Over the period under review, coconut imports continue to indicate an abrupt reduction. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, coconut imports reached their maximum at X tonnes in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

In value terms, coconut imports totaled $X in 2018. In general, coconut imports continue to indicate a drastic decline. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, coconut imports attained their maximum at $X in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

Source: IndexBox Platform