Germany - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKola Nut Price in Germany - 2023
Contents:
- Kola Nut Price in Germany (CIF) - 2022
- Kola Nut Price in Germany (FOB) - 2022
- Kola Nut Imports in Germany
- Kola Nut Exports in Germany
Kola Nut Price in Germany (CIF) - 2022
In 2022, the average kola nut import price amounted to $3,345 per ton, rising by 45% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, kola nut import price increased by +104.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ghana ($8,043 per ton), while the price for Guinea ($1,459 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Kola Nut Price in Germany (FOB) - 2022
In 2022, the average kola nut export price amounted to $5,981 per ton, picking up by 1.8% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 +33.3% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 54%. As a result, the export price attained the peak level of $6,229 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($10,546 per ton), while the average price for exports to Mexico ($1,513 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 Jamaica (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Kola Nut Imports in Germany
In 2022, after three years of growth, there was significant decline in overseas purchases of kola nuts, when their volume decreased by -34.9% to 91 tons. Over the period under review, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 84% against the previous year. As a result, imports attained the peak of 140 tons, and then reduced notably in the following year.
In value terms, kola nut imports shrank to $306K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 160%. As a result, imports attained the peak of $325K, and then dropped in the following year.
| Import of Kola Nut in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jamaica | N/A | N/A | 92.2 | 173 | 87.6% |
| France | 10.1 | 72.7 | 45.7 | 50.1 | 70.5% |
| Cameroon | N/A | 1.8 | 71.1 | 38.9 | 364.9% |
| Guinea | N/A | 20.2 | 41.2 | 25.0 | 11.2% |
| Ghana | 5.6 | 4.3 | N/A | 11.1 | 25.6% |
| Nigeria | 76.9 | 0.5 | 36.0 | 1.6 | -72.5% |
| Morocco | N/A | 10.0 | 10.6 | N/A | 6.0% |
| United States | 23.3 | 10.0 | N/A | N/A | -57.1% |
| Others | 5.7 | 5.5 | 28.1 | 6.3 | 3.4% |
| Total | 122 | 125 | 325 | 306 | 35.9% |
Top Suppliers of Kola Nut to Germany in 2022:
- Jamaica (35.3 tons)
- France (24.5 tons)
- Guinea (17.1 tons)
- Cameroon (11.0 tons)
- Ghana (1.4 tons)
- Nigeria (0.6 tons)
Kola Nut Exports in Germany
In 2022, overseas shipments of kola nuts decreased by -40.7% to 8.8 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 44%.
In value terms, kola nut exports declined dramatically to $53K in 2022. Overall, exports, however, recorded a tangible increase. The pace of growth was the most pronounced in 2021 when exports increased by 48% against the previous year. As a result, the exports attained the peak of $87K, and then shrank markedly in the following year.
| Export of Kola Nut in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.4 | 27.9 | 9.0 | 14.2 | 4.6% |
| Poland | 7.9 | 2.0 | 10.1 | 14.1 | 21.3% |
| Italy | 6.4 | 7.7 | 15.6 | 6.7 | 1.5% |
| Jamaica | N/A | N/A | N/A | 4.6 | 0% |
| Argentina | 0.2 | 0.6 | 2.2 | 2.9 | 143.8% |
| Mexico | N/A | N/A | N/A | 2.0 | 0% |
| Japan | 3.5 | N/A | 7.0 | 1.4 | -26.3% |
| Austria | 5.9 | 3.9 | 0.9 | 1.2 | -41.2% |
| Netherlands | 3.1 | 0.9 | 0.3 | 0.8 | -36.3% |
| United Kingdom | 3.7 | 4.2 | 38.7 | N/A | 223.4% |
| Denmark | N/A | 11.1 | N/A | N/A | 0% |
| Others | 4.2 | 0.7 | 3.6 | 4.7 | 3.8% |
| Total | 47.3 | 59.0 | 87.4 | 52.8 | 3.7% |
Top Export Markets for Kola Nut from Germany in 2022:
- Poland (2249.0 kg)
- United States (1350.0 kg)
- Mexico (1346.0 kg)
- Argentina (1250.0 kg)
- Italy (900.0 kg)
- Jamaica (700.0 kg)
- Austria (265.0 kg)
- Netherlands (254.0 kg)
- Japan (100.0 kg)
This report provides an in-depth analysis of the kola nut market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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