Paraguay: Coconut Market 2025

Coconut Market Size in Paraguay

The Paraguayan coconut market soared to $X in 2022, increasing by 400% against the previous year. In general, consumption saw a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Coconut Production in Paraguay

In value terms, coconut production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 66%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of coconuts in Paraguay amounted to less than X kg per ha in 2022, remaining stable against 2021 figures. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The coconut harvested area in Paraguay was estimated at less than X ha in 2022, remaining constant against 2021 figures. In general, the harvested area saw a relatively flat trend pattern.

Coconut Exports

Exports from Paraguay

In 2022, approx. X tons of coconuts were exported from Paraguay; remaining relatively unchanged against 2021. In general, exports recorded resilient growth. The growth pace was the most rapid in 2013 when exports increased by 122% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, coconut exports totaled $X in 2022. Overall, exports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of 45% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for coconut exports from Paraguay, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +10.2%.

In value terms, Germany ($X) also remains the key foreign market for coconuts exports from Paraguay.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +20.9%.

Export Prices by Country

In 2022, the average coconut export price amounted to $X per ton, flattening at the previous year. Overall, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 57%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +9.7% per year.

Coconut Imports

Imports into Paraguay

In 2022, approx. X tons of coconuts were imported into Paraguay; picking up by 323% against 2021. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 4,662%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, coconut imports surged to $X in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2013 with an increase of 4,361%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Brazil (X tons) constituted the largest coconut supplier to Paraguay, with a 83% share of total imports. Moreover, coconut imports from Brazil exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at +216.0%.

In value terms, the largest coconut suppliers to Paraguay were Brazil ($X) and Vietnam ($X).

Brazil, with a CAGR of +207.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average coconut import price stood at $X per ton in 2022, with an increase of 83% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 92%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Brazil totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform