Report Update Apr 1, 2024

Malaysia - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Kola Nut Market 2024

Kola Nut Market Size in Malaysia

After two years of decline, the Malaysian kola nut market decreased by X% to less than $X in 2022. Over the period under review, consumption, however, posted a significant increase. Kola nut consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Kola Nut Production in Malaysia

In value terms, kola nut production reduced notably to $X in 2022 estimated in export price. Overall, production saw a significant decline. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

The average yield of kola nuts in Malaysia was estimated at less than X kg per ha in 2022, approximately equating 2021. In general, the yield recorded 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 2022, approx. less than X ha of kola nuts were harvested in Malaysia; remaining constant against the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.

Kola Nut Exports

Exports from Malaysia

In 2019, after two years of decline, there was significant growth in overseas shipments of kola nuts, when their volume increased by X% to X tons. Over the period under review, exports, however, showed a deep downturn. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2017 to 2019, the growth of the exports remained at a lower figure.

In value terms, kola nut exports skyrocketed to $X in 2019. Overall, exports showed a modest expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2019, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Singapore (X tons) and Thailand (X tons) were the main destinations of kola nut exports from Malaysia, together accounting for X% of total exports.

From 2013 to 2019, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for kola nut exported from Malaysia were Cameroon ($X), Thailand ($X) and the Netherlands ($X), with a combined X% share of total exports.

The Netherlands, with a CAGR of X%, 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 2019, the average kola nut export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cameroon ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (X%), while the prices for the other major destinations experienced mixed trend patterns.

Kola Nut Imports

Imports into Malaysia

For the third year in a row, Malaysia recorded growth in overseas purchases of kola nuts, which increased by X% to X kg in 2019. In general, imports, however, recorded a precipitous decline. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2019, imports failed to regain momentum.

In value terms, kola nut imports skyrocketed to $X in 2019. Overall, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Australia (X kg) and India (X kg) were the main suppliers of kola nut imports to Malaysia.

From 2013 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of X%).

In value terms, the largest kola nut suppliers to Malaysia were India ($X) and Australia ($X).

Among the main suppliers, Australia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2019, the average kola nut import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price showed significant growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked in 2019 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was India ($X per ton), while the price for Australia totaled $X per ton.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of kola nut consumption was Nigeria, accounting for 53% of total volume. Moreover, kola nut consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Cote d'Ivoire, threefold. The third position in this ranking was held by Cameroon, with a 15% share.

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

The country with the largest volume of kola nut production was Nigeria, accounting for 54% of total volume. Moreover, kola nut production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire, threefold. The third position in this ranking was held by Cameroon, with a 16% share.

What are the leading suppliers of kola nuts to Malaysia?

In value terms, India $979) and Australia $877) appeared to be the largest kola nut suppliers to Malaysia.

What are the leading importers of kola nuts from Malaysia?

In value terms, the largest markets for kola nut exported from Malaysia were Cameroon, Thailand and the Netherlands, with a combined 77% share of total exports.

What is the average export price for kola nuts in Malaysia?

In 2019, the average kola nut export price amounted to $6,460 per ton, dropping by -6.9% against the previous year.

What is the average import price for kola nuts in Malaysia?

The average kola nut import price stood at $10,606 per ton in 2019, with an increase of 46% against the previous year.

This report provides an in-depth analysis of the kola nut market in Malaysia. 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 2030.

Product coverage:

FCL 224 - Kolanuts

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023