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Romania - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
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Romania: Areca Nut Market Overview 2021

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Areca Nut Market Size in Romania

The Romanian areca nut market shrank significantly to $X in 2019, waning by -X% against the previous year. Overall, consumption continues to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2019, consumption stood at a somewhat lower figure.

Areca Nut Production in Romania

In value terms, areca nut production fell to $X in 2019 estimated in export prices. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2018, and then dropped in the following year.

The average yield of areca nuts in Romania totaled X kg per ha in 2019, leveling off at 2018 figures. In general, the yield showed 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 2019, approx. X ha of areca nuts were harvested in Romania; approximately equating the year before. Over the period under review, the harvested area saw a relatively flat trend pattern.

Areca Nut Exports

Exports from Romania

In 2019, approx. X tonnes of areca nuts were exported from Romania; increasing by X% compared with 2018. Over the period under review, exports showed prominent growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, areca nut exports soared to $X in 2019. In general, exports posted a prominent increase. Exports peaked at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

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

From 2012 to 2019, the average annual growth rate 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 2019, the average annual rate of growth in terms of value to Italy amounted to +X%.

Export Prices by Country

The average areca nut export price stood at $X per tonne in 2019, dropping by -X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne, and then contracted in the following year.

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

From 2012 to 2019, the rate of growth in terms of prices for Italy amounted to +X% per year.

Areca Nut Imports

Imports into Romania

In 2019, overseas purchases of areca nuts increased by X% to X tonnes, rising for the fifth consecutive year after two years of decline. In general, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, areca nut imports contracted remarkably to $X in 2019. Overall, imports, however, faced a significant decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Italy (X tonnes) was the main supplier of areca nut to Romania, with a approx. X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from Italy was relatively modest.

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

From 2012 to 2019, the average annual growth rate of value from Italy was relatively modest.

Import Prices by Country

In 2019, the average areca nut import price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for Italy amounted to X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for areca nuts in the world?
+
India (912K tonnes) constituted the country with the largest volume of areca nut consumption, accounting for 58% of total volume. Moreover, areca nut consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh (322K tonnes), threefold. The third position in this ranking was occupied by Taiwan (Chinese) (104K tonnes), with a 6.6% share.
What are the largest producers of areca nuts in the world?
+
The country with the largest volume of areca nut production was India (901K tonnes), accounting for 49% of total volume. Moreover, areca nut production in India exceeded the figures recorded by the second-largest producer, Bangladesh (317K tonnes), threefold. The third position in this ranking was occupied by Indonesia (253K tonnes), with a 14% share.
What are the leading suppliers of areca nuts to Romania?
+
In value terms, Italy ($9.6K) constituted the largest supplier of areca nut to Romania.
What are the leading importers of areca nuts from Romania?
+
In value terms, Italy ($146K) remains the key foreign market for areca nut exports from Romania.
What is the average export price for areca nuts in Romania?
+
In 2019, the average areca nut export price amounted to $3,079 per tonne, waning by -7.1% against the previous year.
What is the average import price for areca nuts in Romania?
+
In 2019, the average areca nut import price amounted to $3,053 per tonne, declining by -42.5% 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
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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