The yield of coconuts in Singapore has seen various fluctuations from 2013 to 2023. After a high of 88.89 thousand hectograms per hectare in 2013, there was a significant drop in 2014 with a year-on-year decline of 26.88%. The yield demonstrated some recovery in subsequent years but experienced moderate variations, trending downward slightly over time. By 2023, the yield stood at 77.59 thousand hectograms per hectare, indicating a decline of 0.33% from 2022. The Compound Annual Growth Rate (CAGR) over the last five years is -0.3%, reflecting a minor average annual reduction in yield. Forecasts suggest a continued, albeit slight, decline in the coming years, reaching 76.24 thousand hectograms per hectare by 2028, with a forecasted five-year CAGR of -0.28%.
Key future trends to watch for include:
- Climate change impacts that could exacerbate variations in yield.
- Technological advancements in agricultural practices and their effect on yield stabilization.
- Government policy changes related to agricultural support and funding.
- Market demand shifts affecting coconut production incentives.
