Poland: Areca Nut Market 2022

Areca Nut Market Size in Poland

In 2020, the Polish areca nut market increased by X% to $X for the first time since 2016, thus ending a three-year declining trend. In general, consumption saw a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Areca Nut Production in Poland

In value terms, areca nut production soared to $X in 2020 estimated in export prices. In general, production continues to indicate a abrupt decline. Areca nut production peaked at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

In 2020, the average areca nut yield in Poland totaled X kg per ha, almost unchanged from the year before. Over the period under review, 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.

The areca nut harvested area in Poland stood at X ha in 2020, remaining stable against the year before. Overall, the harvested area saw a relatively flat trend pattern.

Areca Nut Exports

Exports from Poland

In 2020, after eight years of growth, there was significant decline in shipments abroad of areca nuts, when their volume decreased by -X% to X kg. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Exports peaked at X tonnes in 2019, and then reduced rapidly in the following year.

In value terms, areca nut exports dropped remarkably to $X in 2020. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Exports peaked at $X in 2019, and then declined notably in the following year.

Exports by Country

Singapore (X tonnes) was the main destination for areca nut exports from Poland, with a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Singapore was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to Singapore was relatively modest.

Export Prices by Country

In 2020, the average areca nut export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for Singapore amounted to X% per year.

Areca Nut Imports

Imports by Country

In 2020, Germany (X kg) was the main areca nut supplier to Poland, with a approx. X% share of total imports.

From 2012 to 2020, the average annual growth rate of volume from Germany was relatively modest.

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

From 2012 to 2020, the average annual growth rate of value from Germany was relatively modest.

Import Prices by Country

In 2020, the average areca nut import price amounted to $X per tonne, therefore, remained relatively stable against the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

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

From 2012 to 2020, the rate of growth in terms of prices for Germany amounted to X% per year.

Source: IndexBox Platform