World - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
Which Country Produces the Most Areca Nuts in the World?
In 2015, the country with the largest volume of the areca nut output was India (X thousand tonnes), accounting for X% of global production. Moreover, areca nut output in India exceeded the figures recorded by the world's second largest producer, China (X thousand tonnes), fivefold. The third position in this ranking was occupied by Myanmar with a share of X%.
From 2007 to 2015, an average annual growth rate of areca nut producton in India stood at +X%. The remaining producing countries recorded the following average annual growth rates: China (-X% per year) and Myanmar (+X% per year).
Top X Areca Nut Producing Countries in the World
X. India (X Tonnes)
X. China (X Tonnes)
X. Myanmar (X Tonnes)
X. Indonesia (X Tonnes)
X. Bangladesh (X Tonnes)
X. Sri Lanka (X Tonnes)
X. Thailand (X Tonnes)
X. Bhutan (X Tonnes)
X. Nepal (X Tonnes)
X. Malaysia (X Tonnes)
Global Areca Nut Production
Global areca nut production amounted to X thousand tonnes in 2015, declining by -X% against the previous year level. Overall, the global areca nut output pursued a moderate growth from 2007 to 2015. The trend pattern was relatively stable, with only minor fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +X%. The growth pace was the most rapid in 2012, when the output figure increased by +X% from the previous year level. In that year, the global areca nut production attained its maximum volume of X thousand tonnes. From 2014 to 2015, the total areca nut output growth failed to regain its strength.
Over the analyzed period, an increase in global areca nut production was primarily driven by disposable income growth and diversification of diet. Furthermore, these key drivers are expected to continue promoting the areca nut output in the immediate term. This general positive trend was largely conditioned by a measured expansion of the harvested area and a slight contraction of the yield figures.
The world areca nut harvested area amounted to X thousand ha in 2015, which was -X% less than the previous year figure. The areca nut harvested area indicated a slight increase over the period under review, representing a compound annual growth rate of +X% from 2007 to 2015. This trend pattern was relatively stable throughout the analyzed period. Over the period under review, the total areca nut harvested area peaked in 2012, falling back in the following year. From 2013 to 2015, the total areca nut harvested area fluctuated at lower levels.
Do you want to know more about global areca nut market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- areca nut market share
- areca nut prices
- areca nut industry
- areca nut sales
- areca nut market forecast
- areca nut price forecast
- key areca nut producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global areca nut market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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