Japan: Areca Nut Market Overview 2021

Areca Nut Market Size in Japan

In 2019, the Japanese areca nut market increased by X% to $X for the first time since 2016, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a mild decline. The pace of growth was the most pronounced in 2015 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2019, consumption failed to regain the momentum.

Areca Nut Exports

Exports from Japan

In 2019, exports of areca nuts from Japan was estimated at X kg, stabilizing at the year before. In general, exports recorded a relatively flat trend pattern. Exports peaked at X kg in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

In value terms, areca nut exports totaled $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. Exports peaked at $X in 2017; however, from 2018 to 2019, exports remained at a lower figure.

Exports by Country

Malaysia (X kg) was the main destination for areca nut exports from Japan, accounting for a approx. X% share of total exports.

From 2012 to 2017, the average annual rate of growth in terms of volume to Malaysia was relatively modest.

From 2012 to 2017, the average annual rate of growth in terms of value to Malaysia was relatively modest.

Export Prices by Country

In 2017, the average areca nut export price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, average export prices reached the maximum in 2017 and is likely to see steady growth in the near future.

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

From 2012 to 2017, the rate of growth in terms of prices for Malaysia amounted to X% per year.

Areca Nut Imports

Imports into Japan

In 2019, supplies from abroad of areca nuts was finally on the rise to reach X tonnes for the first time since 2016, thus ending a two-year declining trend. In general, imports, however, continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked at X tonnes in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

In value terms, areca nut imports soared to $X in 2019. Over the period under review, imports, however, showed a slight contraction. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, China (X tonnes) was the main supplier of areca nut to Japan, accounting for a approx. X% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from China totaled -X%.

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

From 2012 to 2019, the average annual growth rate of value from China amounted to -X%.

Import Prices by Country

In 2019, the average areca nut import price amounted to $X per tonne, falling by -X% against the previous year. Over the period from 2012 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

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

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for areca nuts in the world?

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India (912K tonnes) constituted the country with the largest volume of areca nut consumption, accounting for 58% of total volume. Moreover, areca nut consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh (322K tonnes), threefold. The third position in this ranking was occupied by Taiwan (Chinese) (104K tonnes), with a 6.6% share.

What are the largest producers of areca nuts in the world?

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India (901K tonnes) remains the largest areca nut producing country worldwide, comprising approx. 49% of total volume. Moreover, areca nut production in India exceeded the figures recorded by the second-largest producer, Bangladesh (317K tonnes), threefold. Indonesia (253K tonnes) ranked third in terms of total production with a 14% share.

What are the leading suppliers of areca nuts to Japan?

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In value terms, China ($39K) constituted the largest supplier of areca nut to Japan.

What is the average export price for areca nuts in Japan?

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The average areca nut export price stood at $3,450 per tonne in 2017, standing approx. at the previous year.

What is the average import price for areca nuts in Japan?

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The average areca nut import price stood at $8,246 per tonne in 2019, waning by -4.4% against the previous year.