Brazil - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKola Nut Price in Brazil - 2024
Contents:
- Kola Nut Price in Brazil (CIF) - 2022
- Kola Nut Price in Brazil (FOB) - 2022
- Kola Nut Imports in Brazil
- Kola Nut Exports in Brazil
Kola Nut Price in Brazil (CIF) - 2022
The average kola nut import price stood at $4,133 per ton in 2022, increasing by 28% against the previous year. In general, import price indicated temperate growth from 2015 to 2022: its price increased at an average annual rate of +3.5% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, kola nut import price decreased by -5.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 35% against the previous year. Over the period under review, average import prices attained the maximum at $4,869 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Nigeria.
From 2015 to 2022, the rate of growth in terms of prices for Nigeria amounted to +3.5% per year.
Kola Nut Price in Brazil (FOB) - 2022
The average kola nut export price stood at $3,209 per ton in 2022, shrinking by -34.5% against the previous year. Over the period under review, the export price, however, showed a modest expansion. The growth pace was the most rapid in 2020 an increase of 11%. As a result, the export price reached the peak level of $6,742 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,700 per ton), while the average price for exports to Belgium amounted to $963 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.7%).
Kola Nut Imports in Brazil
In 2022, purchases abroad of kola nuts decreased by -22.1% to 6.5 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 -26.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 100%. As a result, imports attained the peak of 8.9 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, kola nut imports reached $27K in 2022. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 170%. As a result, imports attained the peak of $39K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Kola Nut in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 14.3 | 38.7 | 27.0 | 27.0 | 23.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.3 | 38.7 | 27.0 | 27.0 | 23.6% |
Top Suppliers of Kola Nut to Brazil in 2022:
- Nigeria (6.5 tons)
Kola Nut Exports in Brazil
Kola nut exports from Brazil contracted significantly to 3 tons in 2022, shrinking by -58.4% on the previous year's figure. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 712%. As a result, the exports reached the peak of 7.2 tons, and then shrank rapidly in the following year.
In value terms, kola nut exports fell significantly to $9.6K in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 490% against the previous year. As a result, the exports attained the peak of $35K, and then reduced remarkably in the following year.
| Export of Kola Nut in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.7 | N/A | N/A | 7.7 | 65.5% |
| Belgium | N/A | N/A | N/A | 1.9 | 0% |
| France | 7.8 | 6.0 | 35.3 | N/A | 112.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.5 | 6.0 | 35.3 | 9.6 | 0.3% |
Top Export Markets for Kola Nut from Brazil in 2022:
- Belgium (2.0 tons)
- United States (1.0 tons)
This report provides an in-depth analysis of the kola nut market in Brazil. 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:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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
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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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During the review period, there was a significant increase in imports, reaching a record high in October 2023. The value of imported shelled walnuts also experienced a surge, amounting to $4M in October 2023.
317
In July 2023, the price of Shelled Hazelnut reached $9,966 per ton (CIF, Brazil), representing a growth of 1.7% compared to the previous month.
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Walnut imports peaked at 1.2K tons in 2013 and then remained flat through to 2023. In terms of value, walnut imports skyrocketed to $3M in 2023.
440
In February 2023, the pistachio price amounted to $16,216 per ton (CIF, Brazil), rising by 8.4% against the previous month.
4182
Global kola nut consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.
5585
In 2015, the country with the largest volume of the kola nut output was Nigeria (X thousand tons), accounting for X% of global production. Moreover, kola nut output in Nigeria exceeded the figures recorded by the world's second largest producer, C
1737
Belgium was one of the leaders in the global kola nut trade. In 2014, Belgium exported X tons of kola nuts totaling X thousand USD, doubling its previous year's numbers. Its primary trading partner was France, where it supplied X% of its total ko
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The world nut market is expected to reach a value of USD 92.4 billion by 2030, up from USD 66.6 billion in 2022, growing at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030.
