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

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

Areca Nut Market Size in Chile

The Chilean areca nut market amounted to $X in 2020, surging by X% against the previous year. Overall, consumption, however, showed noticeable growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2019 to 2020, the growth of the market failed to regain the momentum.

Areca Nut Production in Chile

In value terms, areca nut production amounted to $X in 2020 estimated in export prices. Overall, the total production indicated a resilient increase from 2012 to 2020: its value increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X% y-o-y. Areca nut production peaked at $X in 2017; however, from 2018 to 2020, production remained at a lower figure.

In 2020, the average areca nut yield in Chile was estimated at X kg per ha, approximately reflecting the previous year. In general, the yield saw 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.

The areca nut harvested area in Chile was estimated at X ha in 2020, leveling off at the year before. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Areca Nut Exports

Exports from Chile

In 2020, areca nut exports from Chile reached X tonnes, flattening at the previous year's figure. In general, total exports indicated a tangible expansion from 2012 to 2020: its volume increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2019 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, areca nut exports reached $X in 2020. Overall, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

Kuwait (X tonnes) was the main destination for areca nut exports from Chile, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Kuwait totaled -X%.

In value terms, Kuwait ($X) also remains the key foreign market for areca nut exports from Chile.

From 2012 to 2018, the average annual rate of growth in terms of value to Kuwait amounted to -X%.

Export Prices by Country

In 2018, the average areca nut export price amounted to $X per tonne, waning by -X% against the previous year. Overall, the export price, however, posted buoyant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2017, and then dropped sharply in the following year.

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

From 2012 to 2018, the rate of growth in terms of prices for Kuwait amounted to -X% per year.

Areca Nut Imports

Imports into Chile

In 2020, purchases abroad of areca nuts was finally on the rise to reach X kg for the first time since 2016, thus ending a three-year declining trend. Overall, imports continue to indicate a tangible increase. Over the period under review, imports attained the maximum at X kg in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, areca nut imports skyrocketed to $X in 2020. Over the period under review, imports saw a resilient increase. Imports peaked at $X in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

Imports by Country

In 2019, Russia (X kg) was the main areca nut supplier to Chile, with a approx. X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from Russia was relatively modest.

In value terms, Russia ($X) constituted the largest supplier of areca nut to Chile.

From 2012 to 2019, the average annual rate of growth in terms of value from Russia was relatively modest.

Import Prices by Country

The average areca nut import price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2019: its price 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, areca nut import price increased by +X% against 2014 indices. The growth pace was the most rapid in 2015 when the average import price increased by X% year-to-year. The import price peaked in 2019 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2019, the rate of growth in terms of prices for Russia amounted to X% per year.

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?
+
India remains the largest areca nut consuming country worldwide, 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 Chile?
+
In value terms, Russia $106) constituted the largest supplier of areca nut to Chile.
What are the leading importers of areca nuts from Chile?
+
In value terms, Kuwait remains the key foreign market for areca nut exports from Chile.
What is the average export price for areca nuts in Chile?
+
In 2018, the average areca nut export price amounted to $8,436 per tonne, which is down by -23.6% against the previous year.
What is the average import price for areca nuts in Chile?
+
The average areca nut import price stood at $7,571 per tonne in 2019, rising by 14% against the previous year.

This report provides an in-depth analysis of the areca nut market in Chile. 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:
• Chile

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Chile
• 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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