Palmwood beads will be ideal for you! Palmwood is a totally unusual and exotic looking wood that is grown on coconut palm plantations. With a variety of Palmwood bead shapes and sizes available at Dream Of Stones, we are confident that we have options for you and your next jewelry design. Palmwood is derived from coconut palm trees, which can be found in many parts of the South Pacific. Throughout the South Pacific throughout the first part of the twentieth century, a huge number of coconut trees were planted in order to harvest the coconut fruit produced by the palms. Coconut palms may yield coconut fruit for up to 70 years, after which the trees are chopped down and harvested for their palmwood.