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.

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Karite Nuts - World's Largest Markets

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

Karite (Shea) Nuts - Top Importers

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

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