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Ireland - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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Ireland: Kola Nut Market Overview 2021

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Kola Nut Market Size in Ireland

In 2019, the Irish kola nut market was finally on the rise to reach $X for the first time since 2016, thus ending a two-year declining trend. In general, consumption recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2019, consumption stood at a somewhat lower figure.

Kola Nut Production in Ireland

In value terms, kola nut production contracted remarkably to $X in 2019 estimated in export prices. Over the period under review, production saw a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Kola nut production peaked at $X in 2012; however, from 2013 to 2019, production stood at a somewhat lower figure.

In 2019, the average kola nut yield in Ireland amounted to X kg per ha, stabilizing at 2018. 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.

In 2019, approx. X ha of kola nuts were harvested in Ireland; approximately equating the year before. Overall, the harvested area showed a relatively flat trend pattern.

Kola Nut Exports

Exports from Ireland

In 2019, shipments abroad of kola nuts decreased by -X% to X kg for the first time since 2016, thus ending a two-year rising trend. Overall, exports showed a deep setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, kola nut exports fell sharply to $X in 2019. In general, exports recorded a precipitous setback. Over the period under review, exports reached the maximum at $X in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

Exports by Country

The Netherlands (X tonnes) was the main destination for kola nut exports from Ireland, with a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to the Netherlands amounted to +X%.

In value terms, the Netherlands ($X) also remains the key foreign market for kola nut exports from Ireland.

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

Export Prices by Country

The average kola nut export price stood at $X per tonne in 2018, dropping by -X% against the previous year. Over the period under review, the export price recorded a abrupt downturn. Over the period under review, average export prices reached the peak figure at $X per tonne in 2015; however, from 2016 to 2018, export prices failed to regain the momentum.

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

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

Kola Nut Imports

Imports into Ireland

In 2019, the amount of kola nuts imported into Ireland dropped to X kg, declining by -X% on the previous year. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

In value terms, kola nut imports dropped notably to $X in 2019. In general, imports saw a deep contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, the UK (X kg) constituted the largest supplier of kola nut to Ireland, with a X% share of total imports. Moreover, kola nut imports from the UK exceeded the figures recorded by the second-largest supplier, the U.S. (X kg), ninefold.

From 2012 to 2019, the average annual rate of growth in terms of volume from the UK totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Nigeria (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of kola nut to Ireland, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of value from the UK stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Nigeria (+X% per year).

Import Prices by Country

The average kola nut import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Overall, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Nigeria (+X% per year), while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for kola nuts in the world?
+
Nigeria (162K tonnes) remains the largest kola nut consuming country worldwide, accounting for 51% of total volume. Moreover, kola nut consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Cote d'Ivoire (60K tonnes), threefold. The third position in this ranking was occupied by Cameroon (51K tonnes), with a 16% share.
What are the largest producers of kola nuts in the world?
+
The country with the largest volume of kola nut production was Nigeria (161K tonnes), comprising approx. 52% of total volume. Moreover, kola nut production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire (60K tonnes), threefold. The third position in this ranking was occupied by Cameroon (51K tonnes), with a 16% share.
What are the leading suppliers of kola nuts to Ireland?
+
In value terms, the UK ($3.3K) constituted the largest supplier of kola nut to Ireland, comprising 91% of total imports. The second position in the ranking was occupied by the U.S. ($298), with a 8.3% share of total imports.
What are the leading importers of kola nuts from Ireland?
+
In value terms, the Netherlands ($412K) remains the key foreign market for kola nut exports from Ireland.
What is the average export price for kola nuts in Ireland?
+
In 2018, the average kola nut export price amounted to $2,288 per tonne, shrinking by -27.7% against the previous year.
What is the average import price for kola nuts in Ireland?
+
In 2019, the average kola nut import price amounted to $11,481 per tonne, declining by -4.1% against the previous year.

Product coverage:
• FCL 224 - Kolanuts

This report provides an in-depth analysis of the kola nut market in Ireland. 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 Ireland
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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