Latest Report Update: Mar 22, 2021

Belgium - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Belgium: Areca Nut Market Overview 2021

Webinar: Global Sugar Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global sugar market.

Tuesday, April 13th, 2021 @ 10:00 am ET

Register Now

Areca Nut Market Size in Belgium

The Belgian areca nut market skyrocketed to $X in 2019, jumping by X% against the previous year. Over the period under review, consumption recorded significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Areca Nut Production in Belgium

In value terms, areca nut production skyrocketed to $X in 2019 estimated in export prices. In general, production posted a significant increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

The average yield of areca nuts in Belgium totaled X kg per ha in 2019, therefore, remained relatively stable against 2018. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of areca nuts were harvested in Belgium; approximately equating the year before. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Areca Nut Exports

Exports from Belgium

In 2019, after two years of decline, there was significant decline in overseas shipments of areca nuts, when their volume decreased by -X% to X kg. Over the period under review, exports, however, showed a relatively flat trend pattern. Exports peaked at X kg in 2018, and then fell sharply in the following year.

In value terms, areca nut exports shrank remarkably to $X in 2019. In general, exports, however, continue to indicate a noticeable curtailment. Exports peaked at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

Democratic Republic of the Congo (X kg) was the main destination for areca nut exports from Belgium, accounting for a X% share of total exports. Moreover, areca nut exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, France (X kg), threefold.

From 2012 to 2018, the average annual growth rate of volume to Democratic Republic of the Congo was relatively modest.

From 2012 to 2018, the average annual growth rate of value to Democratic Republic of the Congo was relatively modest.

Export Prices by Country

In 2018, the average areca nut export price amounted to $X per tonne, remaining constant against the previous year. Overall, the export price recorded a perceptible descent. Over the period under review, average export prices hit record highs at $X per tonne in 2016; however, from 2017 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Democratic Republic of the Congo ($X per tonne), while the average price for exports to France totaled $X per tonne.

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to France.

Areca Nut Imports

Imports into Belgium

In 2019, the amount of areca nuts imported into Belgium skyrocketed to X tonnes, increasing by X% compared with 2018 figures. In general, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, areca nut imports expanded slightly to $X in 2019. Overall, total imports indicated a strong expansion from 2012 to 2019: its value increased at an average annual rate of +X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum in 2019 and are likely to continue growth in years to come.

Imports by Country

In 2019, France (X kg) constituted the largest supplier of areca nut to Belgium, accounting for a X% share of total imports. Moreover, areca nut imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), ninefold. The third position in this ranking was occupied by Rwanda (X kg), with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of volume from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Rwanda (X% per year).

In value terms, the largest areca nut suppliers to Belgium were France ($X), the Netherlands ($X) and India ($X), with a combined X% share of total imports.

In terms of the main suppliers, France saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average areca nut import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2014 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while the price for Rwanda ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for areca nuts in the world?
+
India (912K tonnes) remains the largest areca nut consuming country worldwide, comprising approx. 58% of total volume. Moreover, areca nut consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh (322K tonnes), threefold. Taiwan (Chinese) (104K tonnes) ranked third in terms of total consumption with a 6.6% share.
What are the largest producers of areca nuts in the world?
+
The country with the largest volume of areca nut production was India (901K tonnes), accounting for 49% of total volume. Moreover, areca nut production in India exceeded the figures recorded by the second-largest producer, Bangladesh (317K tonnes), threefold. Indonesia (253K tonnes) ranked third in terms of total production with a 14% share.
What are the leading suppliers of areca nuts to Belgium?
+
In value terms, France ($1.4K), the Netherlands ($823) and India ($335) were the largest areca nut suppliers to Belgium, with a combined 96% share of total imports.
What is the average export price for areca nuts in Belgium?
+
In 2018, the average areca nut export price amounted to $6,859 per tonne, remaining constant against the previous year.
What is the average import price for areca nuts in Belgium?
+
The average areca nut import price stood at $2,579 per tonne in 2019, waning by -46.3% against the previous year.

Product coverage:
• FCL 226 - Areca nuts

This report provides an in-depth analysis of the areca 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 2025.


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:
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Sugar Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global sugar market.



Tuesday, April 13th, 2021 @ 10:00 am ET


Register

Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global palm oil market.



Thursday, May 6th, 2021 @ 10:00 am ET


Register

Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global fertilizer market.



Thursday, May 13th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data