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China - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
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China: Areca Nut Market Overview 2021

Areca Nut Market Size in China

In 2020, the Chinese areca nut market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. Areca nut consumption peaked at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Areca Nut Production in China

In value terms, areca nut production fell modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2012 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

In 2020, the average areca nut yield in China fell slightly to X tonnes per ha, approximately mirroring 2019. Overall, the yield continues to indicate a slight slump. The pace of growth appeared the most rapid in 2017 when the yield increased by X% year-to-year. Over the period under review, the average areca nut yield reached the peak level at X tonnes per ha in 2013; however, from 2014 to 2020, the yield failed to regain the momentum. 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 China; waning by -X% against 2019 figures. Over the period under review, the harvested area recorded a slight descent. The pace of growth was the most pronounced in 2013 with a decrease of -X% y-o-y. The areca nut harvested area peaked at X ha in 2012; however, from 2013 to 2020, the harvested area stood at a somewhat lower figure.

Areca Nut Exports

Exports from China

In 2020, areca nut exports from China soared to X tonnes, picking up by X% against the year before. Overall, exports posted notable growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, areca nut exports skyrocketed to $X in 2020. Over the period under review, exports continue to indicate a buoyant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X tonnes) was the main destination for areca nut exports from China, with a X% share of total exports. Moreover, areca nut exports to Singapore exceeded the volume sent to the second major destination, Hong Kong SAR (X tonnes), fourfold. Malaysia (X tonnes) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual growth rate of volume to Singapore totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and Malaysia (-X% per year).

In value terms, the largest markets for areca nut exported from China were Singapore ($X), Hong Kong SAR ($X) and Japan ($X), together comprising X% of total exports.

Singapore (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average areca nut export price amounted to $X per tonne, shrinking by -X% against the previous year. in general, the export price, however, enjoyed noticeable growth. The pace of growth was the most pronounced in 2013 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while the average price for exports to Singapore ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Areca Nut Imports

Imports into China

In 2020, overseas purchases of areca nuts increased by X% to X tonnes, rising for the second consecutive year after three years of decline. in general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, areca nut imports surged to $X in 2020. Overall, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Indonesia (X tonnes) was the main supplier of areca nut to China, with a X% share of total imports. Moreover, areca nut imports from Indonesia exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tonnes), more than tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume from Indonesia amounted to +X%.

In value terms, Indonesia ($X) constituted the largest supplier of areca nut to China, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from Indonesia totaled +X%.

Import Prices by Country

In 2020, the average areca nut import price amounted to $X per tonne, with a decrease of -X% against the previous year. in general, the import price saw a sharp setback. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. in 2020, the country with the highest price was Taiwan (Chinese) ($X per tonne), while the price for Indonesia totaled $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for areca nuts in the world?
+
India (972K tonnes) constituted the country with the largest volume of areca nut consumption, comprising approx. 57% of total volume. Moreover, areca nut consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh (353K tonnes), threefold. The third position in this ranking was occupied by China (106K tonnes), with a 6.2% share.
What are the largest producers of areca nuts in the world?
+
The country with the largest volume of areca nut production was India (949K tonnes), comprising approx. 48% of total volume. Moreover, areca nut production in India exceeded the figures recorded by the second-largest producer, Bangladesh (348K tonnes), threefold. Indonesia (205K tonnes) ranked third in terms of total production with a 10% share.
What are the leading suppliers of areca nuts to China?
+
In value terms, Indonesia ($4M) constituted the largest supplier of areca nut to China, comprising 91% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($403K), with a 9.1% share of total imports.
What are the leading importers of areca nuts from China?
+
In value terms, Singapore ($89K), Hong Kong SAR ($45K) and Japan ($26K) were the largest markets for areca nut exported from China worldwide, with a combined 71% share of total exports.
What is the average export price for areca nuts in China?
+
The average areca nut export price stood at $2,756 per tonne in 2020, shrinking by -40.2% against the previous year.
What is the average import price for areca nuts in China?
+
In 2020, the average areca nut import price amounted to $1,089 per tonne, which is down by -19.6% against the previous year.

Product coverage:
• FCL 226 - Areca nuts

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption in 2007–2020
Table 5:
Imports, in Physical Terms, by Country, 2007–2020
Table 6:
Imports, in Value Terms, by Country, 2007–2020
Table 7:
Import Prices, by Country of Origin, 2007–2020
Table 8:
Exports, in Physical Terms, by Country, 2007–2020
Table 9:
Exports, in Value Terms, by Country, 2007–2020
Table 10:
Export Prices, by Country of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, in Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, in Value Terms, 2007–2020
Figure 5:
Trade Balance, in Physical Terms, 2007–2020
Figure 6:
Trade Balance, in Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 22:
Production, in Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, in Physical Terms, 2007–2020
Figure 26:
Imports, in Value Terms, 2007–2020
Figure 27:
Imports, in Physical Terms, by Country, 2020
Figure 28:
Imports, in Physical Terms, by Country, 2007–2020
Figure 29:
Imports, in Value Terms, by Country, 2007–2020
Figure 30:
Import Prices, by Country of Origin, 2007–2020
Figure 31:
Exports, in Physical Terms, 2007–2020
Figure 32:
Exports, in Value Terms, 2007–2020
Figure 33:
Exports, in Physical Terms, by Country, 2020
Figure 34:
Exports, in Physical Terms, by Country, 2007–2020
Figure 35:
Exports, in Value Terms, by Country, 2007–2020
Figure 36:
Export Prices, by Country of Destination, 2007–2020
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