Qatar: Kola Nut Market Overview 2021

Kola Nut Market Size in Qatar

The Qatari kola nut market amounted to $X in 2018, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a relatively flat trend pattern. Kola nut consumption peaked at $X in 2015; afterwards, it flattened through to 2018.

Kola Nut Exports

Exports from Qatar

Kola nut exports from Qatar totaled X kg in 2019, therefore, remained relatively stable against the year before. In general, exports recorded a relatively flat trend pattern. Over the period under review, exports reached the maximum at X tonnes in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, kola nut exports amounted to $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. Exports peaked at $X in 2015; however, from 2016 to 2019, exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tonnes) was the main destination for kola nut exports from Qatar, with a approx. X% share of total exports.

From 2012 to 2015, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest.

From 2012 to 2015, the average annual growth rate of value to Saudi Arabia was relatively modest.

Export Prices by Country

In 2015, the average kola nut export price amounted to $X per tonne, stabilizing at the previous year. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, average export prices attained the maximum in 2015 and is likely to see gradual growth in the near future.

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

From 2012 to 2015, the rate of growth in terms of prices for Saudi Arabia amounted to X% per year.

Kola Nut Imports

Imports into Qatar

After three years of decline, purchases abroad of kola nuts decreased by X% to X kg in 2019. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2016 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, kola nut imports amounted to $X in 2019. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2019, the growth imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tonnes), Sudan (X tonnes) and the U.S. (X tonnes) were the main suppliers of kola nut imports to Qatar.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S. (+X% per year), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest kola nut suppliers to Qatar were the United Arab Emirates ($X), Sudan ($X) and the U.S. ($X), together accounting for X% of total imports.

Sudan saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average kola nut import price stood at $X per tonne in 2016, declining by -X% against the previous year. In general, the import price continues to indicate a dramatic curtailment. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2016, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2016, the country with the highest price was Sudan ($X per tonne), while the price for the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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Nigeria (162K tonnes) constituted the country with the largest volume of kola nut consumption, accounting for 51% of total volume. Moreover, kola nut consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Cote d'Ivoire (60K tonnes), threefold. Cameroon (51K tonnes) ranked third in terms of total consumption with a 16% share.

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

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The country with the largest volume of kola nut production was Nigeria (161K tonnes), accounting for 52% of total volume. Moreover, kola nut production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire (60K tonnes), threefold. Cameroon (51K tonnes) ranked third in terms of total production with a 16% share.

What are the leading suppliers of kola nuts to Qatar?

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In value terms, the largest kola nut suppliers to Qatar were the United Arab Emirates ($70K), Sudan ($54K) and the U.S. ($8.3K), together accounting for 100% of total imports.

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

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The average kola nut export price stood at $2,343 per tonne in 2015, remaining stable against the previous year.

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

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In 2016, the average kola nut import price amounted to $907 per tonne, declining by -37.7% against the previous year.