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The growth rate for Areca Nut was highest in May 2023, jumping by 174% compared to the previous month. However, the value of Areca Nut imports plummeted to $13M in November 2023.
The rate of expansion showed the highest acceleration in May 2023 with a 174% month-to-month increase in imports. In terms of value, imports of Areca Nut surged to $22M in October 2023.
In May 2023, the pace of growth for Areca Nut imports was staggering, with a month-on-month increase of 174%. Furthermore, the value of these imports reached an impressive $22M in October 2023.
The price of Areca Nut in June 2023 reached $4,127 per ton (CIF, India), showing a 13% increase compared to the previous month.
In terms of value, imports of Areca Nut decreased to $162K in June 2023.
In April 2023, the areca nut price stood at $1,114 per ton (FOB, Thailand), waning by -10.8% against the previous month.
The average import areca nut price per ton stood at $9,633 in Apr 2022, which is down by -25% against the previous month.
Global areca nut consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
In 2015, the country with the largest volume of the areca nut output was India (X thousand tons), accounting for X% of global production.
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