Kola Nut Market

Kola nut market: discover recently published statistics powered by an Ai-driven BI platform. Datasets contain production, market prices, exports, market size, consumption, companies, imports, and trade. There is a split by region, including China, the U.S., EU, the Middle East, Latin America, Africa, Russia, and the U.K. Market dynamics and outlook to 2030 are also provided in the snapshots.


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Kola Nut - World's Largest Markets

RatingCountry
1Cote d'Ivoire
2Nigeria
3Cameroon
4Ghana
5Sierra Leone

In value terms, Cote d'Ivoire, Nigeria and Cameroon were the countries with the highest levels of market value in 2020, with a combined 83% share of the global market. Ghana, Sierra Leone and Burkina Faso lagged somewhat behind, together accounting for a further 15%.

Burkina Faso recorded the highest growth rate of market size, among the main consuming countries over the period under review, while kola nut market for the other global leaders experienced more modest paces of growth.

Kola Nut Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Niger5685705730.4%
Guinea193416841473-12.7%
Nigeria17672073227513.5%
United States272620622414-5.9%
India483469333986-9.2%
Jamaica4080411845005.0%
Cote d'Ivoire747065066506-6.7%
Average424442434207-0.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Cote d'Ivoire ($6,506 per tonne), while Niger ($573 per tonne) was amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
United States818779227547-4.0%
France14422158287341.2%
Mali347135512826-9.8%
Niger463421378-9.6%
Burkina Faso25726831811.2%
Average196717421038-27.4%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($7,547 per tonne), while Burkina Faso ($318 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced mixed trends in the import price figures.

Kola Nut - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
United States7.29.15.5-12.3%
Burkina Faso1.31.32.537.6%
France0.20.21.2130.1%
Niger0.70.20.6-6.8%
Mali0.30.30.520.5%

In value terms, the United States ($5.5M) constitutes the largest market for imported kola nuts worldwide, comprising 47% of global imports. The second position in the ranking was occupied by Burkina Faso ($2.5M), with a 21% share of global imports. It was followed by France, with a 10% share.

From 2018 to 2020, the average annual growth rate of value in the United States stood at -12.3%. The remaining importing countries recorded the following average annual rates of imports growth: Burkina Faso (+37.6% per year) and France (+130.1% per year).

Kola Nut - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Cote d'Ivoire1.82.5799.3%
Jamaica1.71.41.5-4.8%
Nigeria0.10.20.7142.9%
India0.40.50.516.2%
United States0.20.20.573.6%

In value terms, Cote d'Ivoire ($7M) remains the largest kola nut supplier worldwide, comprising 60% of global exports. The second position in the ranking was occupied by Jamaica ($1.5M), with a 13% share of global exports. It was followed by Nigeria, with a 6.3% share.

In Cote d'Ivoire, kola nut exports increased at an average annual rate of +99.3% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Jamaica (-4.8% per year) and Nigeria (+142.9% per year).

Kola Nut - Market Forecast

Driven by increasing demand for kola nut worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, 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.

Kola 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.

Kola Nut - Product Coverage

  • HS 080270 - Nuts, edible; kola nuts (Cola spp.), fresh or dried, whether or not shelled or peeled
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World - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global kola nut market.

Africa - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the kola nut market in Africa.

Latin America and the Caribbean - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the kola nut market in Latin America and the Caribbean.

Australia and Oceania - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the kola nut market in Australia and Oceania.

Northern America - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the kola nut market in Northern America.

Southern Asia - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the kola nut market in Southern Asia.

Central Asia - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the kola nut market in Central Asia.

South-Eastern Asia - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the kola nut market in South-Eastern Asia.

Middle East - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the kola nut market in the Middle East.

Eastern Asia - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the kola nut market in Eastern Asia.

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