India - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAreca Nut Price in India - 2023
Contents:
- Areca Nut Price in India (CIF) - 2023
- Areca Nut Price in India (FOB) - 2023
- Areca Nut Imports in India
- Areca Nut Exports in India
Areca Nut Price in India (CIF) - 2023
The average areca nut import price stood at $3,981 per ton in October 2023, picking up by 4.2% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 19% against the previous month. Over the period under review, average import prices hit record highs at $4,127 per ton in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the highest price was recorded for prices from Bangladesh ($4,547 per ton) and the United Arab Emirates ($4,437 per ton), while the price for Indonesia ($3,324 per ton) and Myanmar ($4,361 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Areca Nut Price in India (FOB) - 2023
The average areca nut export price stood at $3,715 per ton in October 2023, shrinking by -20.2% against the previous month. Overall, the export price showed a noticeable decrease. The pace of growth appeared the most rapid in July 2023 an increase of 27% month-to-month. Over the period under review, the average export prices hit record highs at $6,014 per ton in October 2022; however, from November 2022 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Maldives ($5,186 per ton), while the average price for exports to the United Arab Emirates ($3,239 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Areca Nut Imports in India
In 2022, areca nut imports into India surged to 79K tons, jumping by 274% against 2021. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, areca nut imports surged to $274M in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Areca Nut in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 28.4 | 46.0 | 48.8 | 128 | 65.2% |
| Sri Lanka | 6.1 | 22.3 | 14.1 | 67.7 | 123.1% |
| Indonesia | 3.9 | 6.9 | 4.4 | 54.4 | 140.7% |
| United Arab Emirates | N/A | 0.3 | N/A | 15.3 | 614.1% |
| Nepal | N/A | N/A | N/A | 7.3 | 0% |
| Others | 0.1 | N/A | 0.4 | 1.6 | 152.0% |
| Total | 38.4 | 75.5 | 67.7 | 274 | 92.5% |
Top Suppliers of Areca Nut to India in 2022:
- Myanmar (36.9K tons)
- Sri Lanka (18.1K tons)
- Indonesia (15.8K tons)
- United Arab Emirates (5.0K tons)
- Nepal (2.2K tons)
Areca Nut Exports in India
Areca nut exports from India soared to 30K tons in 2022, surging by 429% against 2021. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, areca nut exports surged to $51M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Areca Nut in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | N/A | 0.7 | 11.5 | 1542.9% |
| Myanmar | N/A | N/A | N/A | 11.5 | 0% |
| United Arab Emirates | 0.8 | 0.6 | N/A | 9.1 | 124.9% |
| Vietnam | N/A | N/A | N/A | 8.0 | 0% |
| Maldives | 3.4 | 3.2 | 4.9 | 3.2 | -2.0% |
| Thailand | N/A | 0.8 | 2.1 | 1.3 | 27.5% |
| Sri Lanka | 2.0 | 2.3 | 2.5 | 1.0 | -20.6% |
| Others | 2.7 | 3.4 | 8.7 | 5.5 | 26.8% |
| Total | 9.0 | 10.3 | 18.9 | 51.1 | 78.4% |
Top Export Markets for Areca Nut from India in 2022:
- Bangladesh (23.0K tons)
- Myanmar (2.0K tons)
- United Arab Emirates (1.9K tons)
- Vietnam (1.7K tons)
- Maldives (0.5K tons)
- Thailand (0.4K tons)
- Sri Lanka (0.2K tons)
This report provides an in-depth analysis of the areca nut market in India. 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 2030.
Product coverage:
- FCL 226 - Areca nuts
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
1727
This report provides an in-depth analysis of the areca nut market in India.
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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.
202
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.
232
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.
393
The price of Areca Nut in June 2023 reached $4,127 per ton (CIF, India), showing a 13% increase compared to the previous month.
589
In February 2023, the almond price stood at $3,433 per ton (CIF, India), dropping by -5.6% against the previous month.
166
In August 2023, the growth rate of Shelled Hazelnut reached its highest point, with a remarkable month-to-month increase of 350%. However, the value of imported Shelled Hazelnuts experienced a significant decline in October 2023, dropping to $234K.
281
The imports of Walnuts hit a staggering value of $14M in July 2023.
229
The import growth of Pistachio remained at a lower figure from October 2022 to July 2023. In terms of value, Pistachio imports fell to $15M in July 2023.
6934
Global areca nut consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
16345
In 2015, the country with the largest volume of the areca nut output was India (X thousand tons), accounting for X% of global production.
