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

Areca Nut Market Size in the EU

For the third year in a row, the EU areca nut market recorded growth in sales value, which increased by X% to $X in 2020. The market value increased at an average annual rate of +X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the market value increased by X% year-to-year. The level of consumption peaked in 2020 and is expected to retain growth in the immediate term.

Areca Nut Production in the EU

In value terms, areca nut production declined to $X in 2020 estimated in export prices. Over the period under review, production saw a pronounced descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. from 2014 to 2020, production growth remained at a somewhat lower figure.

The countries with the highest volumes of areca nut production in 2020 were Romania (X tonnes), Poland (X tonnes) and Greece (X tonnes), with a combined X% share of total production.

From 2012 to 2020, the biggest increases were in Poland, while areca nut production for the other leaders experienced a decline in the production figures.

Production by Country in the EU

The countries with the highest volumes of areca nut production in 2020 were Romania (X tonnes), Poland (X tonnes) and Greece (X tonnes), together accounting for X% of total production.

From 2012 to 2020, the most notable rate of growth in terms of areca nut production, amongst the leading producing countries, was attained by Poland, while areca nut production for the other leaders experienced a decline in the production figures.

Areca Nut Exports

Exports in the EU

After two years of decline, shipments abroad of areca nuts increased by X% to X tonnes in 2020. Over the period under review, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. from 2016 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, areca nut exports skyrocketed to $X in 2020. Overall, exports continue to indicate tangible growth. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. from 2016 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Poland dominates areca nut exports structure, amounting to X tonnes, which was near X% of total exports in 2020. Romania (X tonnes), Greece (X tonnes), France (X tonnes) and the Czech Republic (X tonnes) took a minor share of total exports.

Poland was also the fastest-growing in terms of the areca nuts exports, with a CAGR of +X% from 2012 to 2020. at the same time, the Czech Republic (+X%) displayed positive paces of growth. by contrast, France (-X%), Romania (-X%) and Greece (-X%) illustrated a downward trend over the same period. From 2012 to 2020, the share of Poland and Greece increased by +X% and +X% percentage points, while France (-X p.p.) and Romania (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest areca nut supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by Greece ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

In Poland, areca nut exports expanded at an average annual rate of +X% over the period from 2012-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Greece (-X% per year) and the Czech Republic (+X% per year).

Export Prices by Country

The areca nut export price in the European Union stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, the export price, however, showed a abrupt slump. Over the period under review, export prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced mixed trends in the export price figures.

Areca Nut Imports

Imports in the EU

In 2020, after three years of decline, there was significant growth in supplies from abroad of areca nuts, when their volume increased by X% to X tonnes. Overall, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

Imports by Country

France represented the main importer of areca nuts in the European Union, with the volume of imports recording X tonnes, which was near X% of total imports in 2020. Latvia (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Italy (X%), the Netherlands (X%) and Bulgaria (X%). The following importers - Germany (X tonnes) and Belgium (X tonnes) - together made up X% of total imports.

From 2012 to 2020, average annual rates of growth with regard to areca nut imports into France stood at +X%. at the same time, the Netherlands (+X%), Latvia (+X%), Germany (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the European Union, with a CAGR of +X% from 2012-2020. Bulgaria experienced a relatively flat trend pattern. by contrast, Italy (-X%) illustrated a downward trend over the same period. From 2012 to 2020, the share of France, Latvia, the Netherlands and Germany increased by +X%, +X%, +X% and +X% percentage points, while Bulgaria (-X p.p.) and Italy (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported areca nuts in the European Union, comprising X% of total imports. The second position in the ranking was occupied by Latvia ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

In the Netherlands, areca nut imports expanded at an average annual rate of +X% over the period from 2012-2020. in the other countries, the average annual rates were as follows: Latvia (+X% per year) and Italy (-X% per year).

Import Prices by Country

The areca nut import price in the European Union stood at $X per tonne in 2020, flattening at the previous year. Over the last eight years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, import prices attained the maximum at $X per tonne in 2018; afterwards, it flattened through to 2020.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for areca nuts in the the EU?
+
Romania (131 tonnes) constituted the country with the largest volume of areca nut consumption, accounting for 41% of total volume. Moreover, areca nut consumption in Romania exceeded the figures recorded by the second-largest consumer, France (59 tonnes), twofold. The third position in this ranking was occupied by Greece (32 tonnes), with a 10% share.
What are the largest producers of areca nuts in the the EU?
+
The countries with the highest volumes of areca nut production in 2020 were Romania (133 tonnes), Poland (97 tonnes) and Greece (36 tonnes), together comprising 99% of total production.
What are the leading exporters of areca nuts in the the EU?
+
In value terms, Poland ($110K) remains the largest areca nut supplier in the European Union, comprising 57% of total exports. The second position in the ranking was occupied by Greece ($24K), with a 13% share of total exports. It was followed by the Czech Republic, with a 8.2% share.
What are the leading importers of areca nuts in the the EU?
+
In value terms, the Netherlands ($306K) constitutes the largest market for imported areca nuts in the European Union, comprising 43% of total imports. The second position in the ranking was occupied by Latvia ($140K), with a 20% share of total imports. It was followed by Italy, with a 9.4% share.
What is the average export price for areca nuts in the the EU?
+
In 2020, the areca nut export price in the European Union amounted to $1,746 per tonne, increasing by 17% against the previous year.
What is the average import price for areca nuts in the the EU?
+
In 2020, the areca nut import price in the European Union amounted to $4,385 per tonne, approximately equating the previous year.

Product coverage:
• FCL 226 - Areca nuts

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



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• 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
CONSUMPTION BY COUNTRY
3.3
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
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, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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