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Italy - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Italy: Areca Nut Market Overview 2021

Areca Nut Market Size in Italy

In 2020, the Italian areca nut market decreased by -X% to $X, falling for the third consecutive year after three years of growth. In general, consumption continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2014 to 2020, the growth of the market failed to regain the momentum.

Areca Nut Exports

Exports from Italy

In 2020, the amount of areca nuts exported from Italy soared to X tonnes, growing by X% compared with 2019 figures. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to see gradual growth in the near future.

In value terms, areca nut exports soared to $X in 2020. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in years to come.

Exports by Country

Romania (X kg) and Singapore (X kg) were the main destinations of areca nut exports from Italy.

From 2012 to 2020, the biggest increases were in Romania.

In value terms, the largest markets for areca nut exported from Italy were Singapore ($X) and Romania ($X saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average areca nut export price amounted to $X per tonne, approximately reflecting the previous year. Over the period under review, the export price recorded a mild descent. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2014 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied somewhat for the major external markets. In 2020, the country with the highest price was Singapore ($X per tonne), while the average price for exports to Romania amounted to $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Singapore.

Areca Nut Imports

Imports into Italy

In 2020, purchases abroad of areca nuts decreased by -X% to X tonnes, falling for the third year in a row after three years of growth. Overall, imports showed a deep reduction. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. from 2014 to 2020, the growth imports failed to regain the momentum.

In value terms, areca nut imports dropped to $X in 2020. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Romania (X tonnes) constituted the largest supplier of areca nut to Italy, accounting for a X% share of total imports. Moreover, areca nut imports from Romania exceeded the figures recorded by the second-largest supplier, France (X tonnes), twofold.

From 2012 to 2020, the average annual growth rate of volume from Romania amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Myanmar (X% per year).

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

From 2012 to 2020, the average annual growth rate of value from Romania amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Myanmar (X% per year).

Import Prices by Country

The average areca nut import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Overall, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average 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 Romania ($X per tonne), while the price for Myanmar ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for areca nuts in the world?
+
The country with the largest volume of areca nut consumption was India (972K tonnes), accounting for 57% of total volume. Moreover, areca nut consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh (353K tonnes), threefold. China (106K tonnes) ranked third in terms of total consumption with a 6.2% share.
What are the largest producers of areca nuts in the world?
+
India (949K tonnes) constituted the country with the largest volume of areca nut production, accounting for 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 Italy?
+
In value terms, Romania ($45K) constituted the largest supplier of areca nut to Italy, comprising 67% of total imports. The second position in the ranking was occupied by France ($21K), with a 31% share of total imports.
What are the leading importers of areca nuts from Italy?
+
In value terms, the largest markets for areca nut exported from Italy were Singapore ($2.3K) and Romania ($2.2K).
What is the average export price for areca nuts in Italy?
+
In 2020, the average areca nut export price amounted to $3,308 per tonne, approximately reflecting the previous year.
What is the average import price for areca nuts in Italy?
+
The average areca nut import price stood at $3,020 per tonne in 2020, dropping by -1.8% against the previous year.

Product coverage:
• FCL 226 - Areca nuts

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Italy
• 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  This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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