Report Central Asia - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Central Asia - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Areca Nut Market 2024

Areca Nut Market Size in Central Asia

The Central Asian areca nut market soared to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption saw a notable increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Areca Nut Production in Central Asia

In value terms, areca nut production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Tajikistan (X tons) constituted the country with the largest volume of areca nut production, accounting for X% of total volume. Moreover, areca nut production in Tajikistan exceeded the figures recorded by the second-largest producer, Kyrgyzstan (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume in Tajikistan amounted to X%. In the other countries, the average annual rates were as follows: Kyrgyzstan (X% per year) and Uzbekistan (X% per year).

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Areca Nut Exports

Exports in Central Asia

Areca nut exports was estimated at X kg in 2021, stabilizing at 2020 figures. Overall, exports continue to indicate prominent growth. The smallest decline of X% was in 2020. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, areca nut exports amounted to $X in 2021. Over the period under review, exports continue to indicate a strong increase. The smallest decline of X% was in 2020. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, jumping by X% against the previous year. Overall, the export price saw resilient growth. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2021.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2014 to 2021, the rate of growth in terms of prices for Kyrgyzstan amounted to X% per year.

Areca Nut Imports

Imports in Central Asia

In 2022, after five years of growth, there was significant decline in overseas purchases of areca nuts, when their volume decreased by X% to X kg. In general, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X kg, and then contracted in the following year.

In value terms, areca nut imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Mongolia dominates imports structure, amounting to X kg, which was approx. X% of total imports in 2022. It was distantly followed by Kazakhstan (X kg), achieving a X% share of total imports.

Mongolia was also the fastest-growing in terms of the areca nuts imports, with a CAGR of X% from 2012 to 2022. Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mongolia increased by X percentage points.

In value terms, Mongolia ($X) constitutes the largest market for imported areca nuts in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Mongolia stood at X%.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price saw a significant increase. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Mongolia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Tajikistan constituted the country with the largest volume of areca nut consumption, accounting for 87% of total volume. Moreover, areca nut consumption in Tajikistan exceeded the figures recorded by the second-largest consumer, Kyrgyzstan, more than tenfold. Uzbekistan ranked third in terms of total consumption with a 3.7% share.
Tajikistan constituted the country with the largest volume of areca nut production, accounting for 91% of total volume. Moreover, areca nut production in Tajikistan exceeded the figures recorded by the second-largest producer, Kyrgyzstan, more than tenfold.
In value terms, Mongolia constitutes the largest market for imported areca nuts in Central Asia, comprising 77% of total imports. The second position in the ranking was taken by Kazakhstan $709), with a 23% share of total imports.
The export price in Central Asia stood at $3,719 per ton in 2021, jumping by 147% against the previous year.
In 2022, the import price in Central Asia amounted to $22,478 per ton, with an increase of 504% against the previous year.

This report provides an in-depth analysis of the areca nut market in Central Asia. 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 226 - Areca nuts

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Central Asia, split by region and country
  • Trade (exports and imports) in Central Asia
  • 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. CONSUMPTION BY COUNTRY
    3. 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 VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

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

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

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

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