World - Karite (Shea) Nuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

World - Karite (Shea) Nuts - Market Analysis, Forecast, Size, Trends And Insights

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Karite Nuts Market

Karite nuts market: get newly released data featured by an Ai-driven market research platform. Statistics contain imports, market size, exports, trade, consumption, companies, market prices, and production. There is a breakdown by country, including the Middle East, the U.S., Latin America, China, the U.K., EU, Russia, and Africa. Market trends and outlook to 2030 are also featured in the snapshots.


Get FREE access to the latest REPORT on the Karite Nuts Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Karite Nuts - World's Largest Markets

RatingCountry
1Nigeria
2Mali
3Burkina Faso
4Denmark
5Ghana

In value terms, Nigeria led the market, alone. The second position in the ranking was occupied by Mali. It was followed by Burkina Faso.

In Nigeria, the karite (shea) nuts market contracted by an average annual rate of -10.1% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Mali (+39.7% per year) and Burkina Faso (+17.1% per year).

Karite (Shea) Nuts Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Mali132131131-0.4%
Nigeria360809302-8.4%
Burkina Faso428362395-3.9%
Ghana4854995405.5%
Benin12961272769-23.0%
Average389384361-3.7%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Benin ($769 per ton), while Mali ($131 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Ghana, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United Statesn/a5155170.0%
Ghana3704183710.1%
Denmark2483162826.6%
Togo1772332057.6%
Burkina Faso14161813.4%
Average2603252712.1%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($517 per ton), while Burkina Faso ($18 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Burkina Faso, while the other global leaders experienced more modest paces of growth.

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Karite (Shea) Nuts - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
Ghana16291911.0%
Denmark303617-25.7%
Togo2.85.416137.6%
United Statesn/a8.8100.0%
Burkina Faso0.30.40.526.5%

In value terms, the largest karite (shea) nuts importing markets worldwide were Ghana ($19M), Denmark ($17M) and Togo ($16M), together comprising 79% of global imports.

In terms of the main importing countries, Togo (+137.6% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Karite (Shea) Nuts - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Burkina Faso424440-2.4%
Ghana14301813.6%
Nigeria0.52.29.7339.3%
Mali6.46.56.4-0.1%
Benin9106-18.3%

In value terms, Burkina Faso ($40M) remains the largest karite (shea) nuts supplier worldwide, comprising 49% of global exports. The second position in the ranking was occupied by Ghana ($18M), with a 23% share of global exports. It was followed by Nigeria, with a 12% share.

In Burkina Faso, karite (shea) nuts exports plunged by an average annual rate of -2.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Ghana (+13.6% per year) and Nigeria (+339.3% per year).

Karite (Shea) Nuts - Market Forecast

Depressed by shrinking demand for karite (shea) nuts worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Karite (Shea) Nuts - Top Companies

Guangxi Nanning Lvhan Agriculture Co.,Ltd., Zhongxian Fengfu Agriculture Development Co., Ltd., Mengjin County Golden Tianye Family Farm, Shandong Binzhou Yanlaihong High Tech. Park Co.,Ltd., Yucheng County Zhongken Agriculture Development Co., Ltd., Zunyi Yumiao Eco-agriculture Co., Ltd., Changyang Yansongping Penggan Production & Marketing Specialty Cooperative, Wm. Bolthouse Farms, Inc., Nanle County Ruifang Plantation Specialty Cooperative, Hubei Lingshang Renjia Ecological Food Co.,Ltd., Yushan County Chuangyuan Family Farm, Yichang Hannongyuan Ecology Agricultural Development Co., Ltd., Guinan County Shuanghua Pollution Free Vegetables Plantation Specialty Cooperati ve, Guangzhou Conghua Suifeng Vegetables & Fruits Specialty Cooperative, Changyang En'shi Huinong Vegetables Farmer Cooperative, Xiangyang Xiangcheng District Chenshun Lotus Root Plantation Specialty Cooperati ve, Yuncheng Yanhu District Suhe Fengwang Fruits & Vegetables Plantation Specialty C ooperative, Huangyuan Xiaolin Vegetables Plantation Specialty Cooperative, Tanimura & Antle Fresh Foods, Inc., Jinjiang Feifei Gardening Crop Plantation Co.,Ltd.

Karite Nuts - Product Coverage

  • HS 120792 - Oleaginous fruits; shea nuts (karite nuts)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global karite (shea) nuts 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 2030.

Product coverage:

    Country coverage:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. COUNTRIES WITH TOP YIELDS
      4. TOP EXPORTING COUNTRIES
      5. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. GLOBAL PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY
      3. HARVESTED AREA AND YIELD BY COUNTRY
    8. 8. GLOBAL IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. GLOBAL EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam
    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Harvested Area, By Country, 2012-2023
      7. Yield, By Country, 2012-2023
      8. Imports, In Physical Terms, By Country, 2012–2023
      9. Imports, In Value Terms, By Country, 2012–2023
      10. Import Prices, By Country Of Destination, 2012–2023
      11. Exports, In Physical Terms, By Country, 2012–2023
      12. Exports, In Value Terms, By Country, 2012–2023
      13. Export Prices, By Country Of Origin, 2012–2023
    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Yield And Growth
      12. Exports And Growth
      13. Export Prices And Growth
      14. Market Size And Growth
      15. Per Capita Consumption
      16. Imports And Growth
      17. Import Prices
      18. Production, In Physical Terms, 2012–2023
      19. Production, In Value Terms, 2012–2023
      20. Area Harvested, 2012–2023
      21. Yield, 2012–2023
      22. Production, By Country, 2023
      23. Production, In Physical Terms, By Country, 2012–2023
      24. Harvested Area, By Country, 2023
      25. Harvested Area, By Country, 2012-2023
      26. Yield, By Country, 2012-2023
      27. Imports, In Physical Terms, 2012–2023
      28. Imports, In Value Terms, 2012–2023
      29. Imports, In Physical Terms, By Country, 2023
      30. Imports, In Physical Terms, By Country, 2012–2023
      31. Imports, In Value Terms, By Country, 2012–2023
      32. Import Prices, By Country, 2012–2023
      33. Exports, In Physical Terms, 2012–2023
      34. Exports, In Value Terms, 2012–2023
      35. Exports, In Physical Terms, By Country, 2023
      36. Exports, In Physical Terms, By Country, 2012–2023
      37. Exports, In Value Terms, By Country, 2012–2023
      38. Export Prices, 2012–2023
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    Which Country Consumes the Most Karite Nuts in the World?
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    Eye 1488

    Global karite nut consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.

    Which Country Produces the Most Karite Nuts in the World?
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    Free Data: Karite (Shea) Nuts - World