Netherlands: Areca Nut Market 2024

Areca Nut Market Size in the Netherlands

In 2022, the Dutch areca nut market decreased by X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption, however, saw a tangible expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Areca Nut Production in the Netherlands

In value terms, areca nut production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average areca nut yield in the Netherlands totaled less than X kg per ha, approximately mirroring 2021. Overall, 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, the areca nut harvested area in the Netherlands was estimated at less than X ha, approximately reflecting the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern.

Areca Nut Exports

Exports from the Netherlands

In 2022, shipments abroad of areca nuts increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, areca nut exports surged to $X in 2022. In general, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X tons) was the main destination for areca nut exports from the Netherlands, accounting for a X% share of total exports. Moreover, areca nut exports to Switzerland exceeded the volume sent to the second major destination, Germany (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland totaled X.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Portugal (X% per year).

In value terms, Switzerland ($X) emerged as the key foreign market for areca nuts exports from the Netherlands, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland totaled X.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Portugal (X% per year).

Export Prices by Country

The average areca nut export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Areca Nut Imports

Imports into the Netherlands

Areca nut imports into the Netherlands dropped to X tons in 2022, which is down by X% against the previous year's figure. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, areca nut imports reduced notably to $X in 2022. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest areca nut supplier to the Netherlands, accounting for a X% share of total imports. Moreover, areca nut imports from India exceeded the figures recorded by the second-largest supplier, the Philippines (X kg), eightfold. Thailand (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Thailand (X% per year).

In value terms, India ($X) constituted the largest supplier of areca nuts to the Netherlands, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2022, the average areca nut import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price, however, posted buoyant growth. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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