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Romania - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Romania: Areca Nut Market Overview 2021

Areca Nut Market Size in Romania

For the fifth year in a row, the Romanian areca nut market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption enjoyed perceptible growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2020 and is likely to see gradual growth in the near future.

Areca Nut Production in Romania

In value terms, areca nut production amounted to $X in 2020 estimated in export prices. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level in 2020 and is likely to continue growth in years to come.

The average yield of areca nuts in Romania totaled X kg per ha in 2020, approximately mirroring the year before. In general, the yield saw 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 Romania totaled X ha in 2020, approximately equating 2019. Over the period under review, the harvested area saw a relatively flat trend pattern.

Areca Nut Exports

Exports from Romania

For the fifth year in a row, Romania recorded decline in shipments abroad of areca nuts, which decreased by -X% to X tonnes in 2020. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. from 2016 to 2020, the growth exports failed to regain the momentum.

In value terms, areca nut exports shrank markedly to $X in 2020. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2016 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Italy (X tonnes) was the main destination for areca nut exports from Romania, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Italy totaled -X%.

In value terms, Italy ($X) also remains the key foreign market for areca nut exports from Romania.

From 2012 to 2020, the average annual rate of growth in terms of value to Italy stood at -X%.

Export Prices by Country

In 2020, the average areca nut export price amounted to $X per tonne, leveling off at the previous year. Over the last eight-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the near future.

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

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

Areca Nut Imports

Imports into Romania

In 2020, approx. X tonnes of areca nuts were imported into Romania; which is down by -X% on 2019 figures. Overall, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, areca nut imports dropped sharply to $X in 2020. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Bulgaria (X tonnes) constituted the largest supplier of areca nut to Romania, with a X% share of total imports. Moreover, areca nut imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Italy (X kg), threefold.

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

In value terms, the largest areca nut suppliers to Romania were Bulgaria ($X) and Italy ($X the main suppliers, Bulgaria recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2020, the average areca nut import price amounted to $X per tonne, declining by -X% against the previous year. In general, the import price saw a abrupt downturn. The growth pace was the most rapid in 2018 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2019 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for Bulgaria stood at $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Bulgaria.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for areca nuts in the world?
+
India (972K tonnes) remains the largest areca nut consuming country worldwide, comprising approx. 57% of total volume. Moreover, areca nut consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh (353K tonnes), threefold. The third position in this ranking was occupied by China (106K tonnes), with a 6.2% share.
What are the largest producers of areca nuts in the world?
+
India (949K tonnes) remains the largest areca nut producing country worldwide, accounting for 48% of total volume. Moreover, areca nut production in India exceeded the figures recorded by the second-largest producer, Bangladesh (348K tonnes), threefold. Indonesia (205K tonnes) ranked third in terms of total production with a 10% share.
What are the leading suppliers of areca nuts to Romania?
+
In value terms, Bulgaria ($3.7K) and Italy ($2.2K) constituted the largest areca nut suppliers to Romania.
What are the leading importers of areca nuts from Romania?
+
In value terms, Italy ($16K) remains the key foreign market for areca nut exports from Romania.
What is the average export price for areca nuts in Romania?
+
The average areca nut export price stood at $3,367 per tonne in 2020, flattening at the previous year.
What is the average import price for areca nuts in Romania?
+
The average areca nut import price stood at $1,905 per tonne in 2020, declining by -34.1% against the previous year.

Product coverage:
• FCL 226 - Areca nuts

This report provides an in-depth analysis of the areca nut market in Romania. 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 2025.


Country coverage:
• Romania

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Romania
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
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

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
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
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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