France - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

France - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Kola Nut Price in France - 2023

Contents:

  1. Kola Nut Price in France (CIF) - 2023
  2. Kola Nut Price in France (FOB) - 2022
  3. Kola Nut Imports in France
  4. Kola Nut Exports in France

Kola Nut Price in France (CIF) - 2023

In October 2023, the average kola nut import price amounted to $3,919 per ton, jumping by 26% against the previous month. Overall, import price indicated a measured expansion from October 2022 to October 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, kola nut import price increased by +60.4% against August 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 61% m-o-m. The import price peaked in October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Brazil ($12,132 per ton), while the price for Cameroon ($1,404 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Brazil (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Kola Nut Price in France (FOB) - 2022

In 2022, the average kola nut export price amounted to $3,456 per ton, with an increase of 24% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, kola nut export price increased by +11.1% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 85%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,305 per ton), while the average price for exports to Belgium ($1,972 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 Poland (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.

Kola Nut Imports in France

After three years of growth, purchases abroad of kola nuts decreased by -3.2% to 454 tons in 2022. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 13% against the previous year. As a result, imports attained the peak of 469 tons, and then reduced slightly in the following year.

In value terms, kola nut imports contracted to $1.3M in 2022. The total import value increased at an average annual rate of +9.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of $1.5M, and then reduced in the following year.

Import of Kola Nut in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire19747577667650.8%
India609522616540-3.9%
Cameroon43.931.623.032.1-9.9%
Nigeria8.516.1N/A29.050.5%
Others14614077.154.1-28.2%
Total1,0041,1851,4921,3319.9%

Top Suppliers of Kola Nut to France in 2022:

  1. Cote d'Ivoire (288.4 tons)
  2. India (123.0 tons)
  3. Cameroon (19.2 tons)
  4. Nigeria (9.3 tons)

Kola Nut Exports in France

In 2022, kola nut exports from France surged to 21 tons, increasing by 138% compared with the year before. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 192%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, kola nut exports skyrocketed to $72K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Kola Nut in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A0.134.134000.0%
Italy0.95.14.615.4157.7%
PolandN/AN/A0.112.212100.0%
Belgium2.01.52.07.051.8%
LuxembourgN/A0.91.21.841.4%
Spain8.70.36.61.4-45.6%
United StatesN/AN/A9.7N/A0%
Others0.60.50.10.3-20.6%
Total12.28.324.472.280.9%

Top Export Markets for Kola Nut from France in 2022:

  1. Germany (7.9 tons)
  2. Italy (4.2 tons)
  3. Poland (4.0 tons)
  4. Belgium (3.6 tons)
  5. Spain (0.7 tons)
  6. Luxembourg (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the kola nut market in France. 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:

  • France

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in France
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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