Forecast: Import of Coconuts, Brazil Nuts and Cashew Nuts to Brunei

The import of coconuts, Brazil nuts, and cashew nuts to Brunei was valued at approximately 2.05 million US dollars in 2023. Starting from 2024, the forecast reveals a steady annual growth, with values projected to rise from 2.1 million to 2.2143 million US dollars by 2028. This suggests a compound annual growth rate (CAGR) of around 1.33% over the five-year period.

Key trends to watch for in the future include:

  • Shifts in consumer preferences towards healthier snacks and increased demand for plant-based diets boosting nut imports.
  • Potential trade agreements or tariffs impacting import volumes and prices.
  • Environmental sustainability and supply chain factors influencing global nut production and supply.

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