Report Belgium - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 9, 2022

Belgium - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Areca Nut Market 2022

Areca Nut Market Size in Belgium

In 2020, the Belgian areca nut market increased by X% to $X, rising for the second year in a row after four years of decline. Overall, consumption showed a abrupt descent. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Areca nut consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Areca Nut Production in Belgium

In value terms, areca nut production stood at $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. Areca nut production peaked in 2020 and is expected to retain growth in the immediate term.

In 2020, the average areca nut yield in Belgium amounted to X kg per ha, approximately equating the year before. Overall, the yield continues to indicate 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 2020, approx. X ha of areca nuts were harvested in Belgium; leveling off at the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern.

Areca Nut Exports

Exports from Belgium

In 2020, the amount of areca nuts exported from Belgium amounted to X kg, leveling off at 2019. In general, exports posted significant growth. Over the period under review, exports attained the peak figure at X kg in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, areca nut exports totaled $X in 2020. Overall, exports posted a significant expansion. Exports peaked at $X in 2018; however, from 2019 to 2020, 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 approx. X% share of total exports.

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

From 2012 to 2018, the average annual rate of growth in terms 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, stabilizing at the previous year. Overall, the export price recorded a abrupt setback. Over the period under review, average export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2018, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to X% per year.

Areca Nut Imports

Imports into Belgium

In 2020, approx. X kg of areca nuts were imported into Belgium; with a decrease of -X% compared with the year before. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. from 2019 to 2020, the growth imports failed to regain the momentum.

In value terms, areca nut imports shrank remarkably to $X in 2020. Over the period under review, imports, however, faced a deep setback. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

France (X tonnes), the Netherlands (X kg) and India (X kg) were the main suppliers of areca nut imports to Belgium. Moreover, areca nut imports in France exceeded the figures recorded by the second-largest supplier, the Netherlands, sevenfold.

From 2012 to 2020, the biggest increases were in France (+X% per year), while purchases for the other leaders experienced a decline.

In value terms, the largest areca nut suppliers to Belgium were France ($X), the Netherlands ($X) and India ($X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average areca nut import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the import price showed a precipitous slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for areca nuts in the world?
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India constituted the country with the largest volume of areca nut consumption, accounting for 54% of total volume. Moreover, areca nut consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh, threefold. The third position in this ranking was occupied by Myanmar, with a 7.8% share.
What are the largest producers of areca nuts in the world?
+
India constituted the country with the largest volume of areca nut production, accounting for 45% of total volume. Moreover, areca nut production in India exceeded the figures recorded by the second-largest producer, Bangladesh, threefold. Indonesia ranked third in terms of total production with a 10% share.
What are the leading suppliers of areca nuts to Belgium?
+
In value terms, the largest areca nut suppliers to Belgium were France, the Netherlands and India $412).
What is the average export price for areca nuts in Belgium?
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The average areca nut export price stood at $5,891 per tonne in 2018, remaining relatively unchanged against the previous year.
What is the average import price for areca nuts in Belgium?
+
In 2020, the average areca nut import price amounted to $0 per tonne, reducing by -100% against the previous year.

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.


Product coverage:
• FCL 226 - Areca nuts
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

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 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
Figure 8:
Market Forecast To 2030
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, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Area Harvested, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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