Belgium - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKola Nut Price in Belgium - 2023
Contents:
- Kola Nut Price in Belgium (CIF) - 2022
- Kola Nut Price in Belgium (FOB) - 2022
- Kola Nut Imports in Belgium
- Kola Nut Exports in Belgium
Kola Nut Price in Belgium (CIF) - 2022
In 2022, the average kola nut import price amounted to $2,951 per ton, which is down by -3.6% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of 70% against the previous year. As a result, import price attained the peak level of $14,368 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($9,045 per ton), while the price for Ghana ($666 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Kola Nut Price in Belgium (FOB) - 2022
The average kola nut export price stood at $2,001 per ton in 2022, dropping by -35.6% against the previous year. In general, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 346%. The export price peaked at $20,972 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4,707 per ton), while the average price for exports to Italy ($1,209 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Kola Nut Imports in Belgium
In 2022, supplies from abroad of kola nuts decreased by -10.3% to 32 tons, falling for the second consecutive year after two years of growth. In general, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 148%. As a result, imports attained the peak of 46 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, kola nut imports fell to $93K in 2022. Overall, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 53%. As a result, imports reached the peak of $136K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Kola Nut in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | 18.3 | 37.9 | 48.3 | 47.3 | 37.2% |
| Cote d'Ivoire | 2.8 | 54.5 | 11.5 | 22.7 | 100.9% |
| Cameroon | 32.0 | 25.9 | 39.2 | 14.7 | -22.8% |
| Nigeria | 0.6 | 11.1 | 2.5 | 3.1 | 72.9% |
| Ghana | 0.8 | 4.2 | 3.4 | 2.5 | 46.2% |
| France | 31.3 | 1.7 | 1.9 | 1.6 | -62.9% |
| Others | 3.4 | 0.8 | 1.2 | 1.4 | -25.6% |
| Total | 89.2 | 136 | 108 | 93.3 | 1.5% |
Top Suppliers of Kola Nut to Belgium in 2022:
- Cote d'Ivoire (9.8 tons)
- Togo (8.6 tons)
- Cameroon (6.2 tons)
- Ghana (3.8 tons)
- Nigeria (2.3 tons)
- France (0.2 tons)
Kola Nut Exports in Belgium
In 2022, shipments abroad of kola nuts decreased by -26.3% to 17 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,249% against the previous year. As a result, the exports reached the peak of 45 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, kola nut exports reduced notably to $34K in 2022. In general, exports faced a deep downturn. The growth pace was the most rapid in 2020 with an increase of 228% against the previous year. As a result, the exports reached the peak of $172K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Kola Nut in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 75.8 | 21.7 | 10.9 | -62.1% |
| Germany | N/A | 14.7 | 27.3 | 10.5 | -15.5% |
| Italy | N/A | 2.7 | 10.0 | 8.0 | 72.1% |
| Netherlands | N/A | 8.0 | 4.8 | 4.0 | -29.3% |
| United Kingdom | N/A | 11.5 | N/A | N/A | 0% |
| Luxembourg | 10.8 | 13.1 | 1.2 | N/A | -66.7% |
| Romania | 41.6 | 45.8 | 5.8 | N/A | -62.7% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 52.4 | 172 | 70.8 | 33.6 | -13.8% |
Top Export Markets for Kola Nut from Belgium in 2022:
- Italy (6.7 tons)
- France (5.5 tons)
- Netherlands (2.3 tons)
- Germany (2.2 tons)
This report provides an in-depth analysis of the kola nut market in Belgium. 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 224 - Kolanuts
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
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