Areca Nut Market

Areca nut market: get new facts and figures powered by an Ai-driven market intelligence tool. Info provide imports, exports, consumption, trade, companies, market prices, production, and market size. There is a breakdown by country, including the U.K., Africa, Latin America, the Middle East, the U.S., EU, China, and Russia. Market dynamics and outlook to 2030 are also featured in the snapshots.

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Areca Nut - World's Largest Markets

In value terms, India led the market, alone. The second position in the ranking was occupied by Bangladesh. It was followed by China.

From 2018 to 2020, the average annual growth rate of value in India stood at +6.1%. In the other countries, the average annual rates were as follows: Bangladesh (+28.9% per year) and China (-1.0% per year).

Areca Nut Prices

Areca Nut - Top Importers

In value terms, Iran ($123M), India ($76M) and Singapore ($31M) appeared to be the countries with the highest levels of imports in 2020, with a combined 76% share of global imports. Bangladesh, Afghanistan and the United Arab Emirates lagged somewhat behind, together accounting for a further 16%.

The United Arab Emirates (+86.6% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Areca Nut - Top Exporters

In value terms, Indonesia ($257M) remains the largest areca nut supplier worldwide, comprising 48% of global exports. The second position in the ranking was occupied by Myanmar ($112M), with a 21% share of global exports. It was followed by Thailand, with a 14% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Indonesia totaled -9.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Myanmar (-3.4% per year) and Thailand (+4.4% per year).

Areca Nut - Market Forecast

Driven by increasing demand for areca nut worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Areca Nut - Top Companies

Changyang Yansongping Penggan Production & Marketing Specialty Cooperative, Henan Hua'an Dushi Agriculture Co.,Ltd., KYNDALYN PARK PTY LTD, Wonderful Orchards LLC, SELECT HARVESTS LIMITED, WEBSTER LIMITED, AROFA SL, LA PIEDRA REDONDA SL, Mariani Nut Company, Inc., MACADAMIA PROCESSING CO LTD, Candor-Ags, Inc., ALMENDRAS Y FRUTOS SECOS BONANY SL, COOPERATIVA AGRICOLA I SECCIO DE CREDIT DE LA SELVA DEL CAMP SOCIEDAD COOPERATIVA CATALANA, Monte de Oro SA, Jiaocheng County Nongyichang Agriculture & Animal Husbandry Specialty Cooperativ e, Yichang Xiaoxihong Orange Specialty Cooperative, Hawaiian Orchards Royal L P, FRUTAS BORJA SL, Evans Farms GP, C.M.V. FARMS PTY. LTD.

Areca Nut - Product Coverage

• HS 080280 - Nuts, edible; areca nuts, fresh or dried, whether or not shelled or peeled