SADC: Kola Nut Market 2024

Kola Nut Market Size in SADC

The SADC kola nut market reduced rapidly to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Kola Nut Production in SADC

In value terms, kola nut production contracted to $X in 2022 estimated in export price. The total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

The country with the largest volume of kola nut production was South Africa (X tons), accounting for X% of total volume. Moreover, kola nut production in South Africa exceeded the figures recorded by the second-largest producer, Namibia (X kg), sixfold. The third position in this ranking was taken by Comoros (X kg), with a X% share.

In South Africa, kola nut production increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (X% per year) and Comoros (X% per year).

Kola Nut Exports

Exports in SADC

In 2022, overseas shipments of kola nuts decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then fell in the following year.

In value terms, kola nut exports shrank dramatically to $X in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then fell markedly in the following year.

Exports by Country

South Africa prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Madagascar (X kg), mixing up a X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Madagascar (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. While the share of Madagascar (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest kola nut supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Madagascar ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Madagascar totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Kola Nut Imports

Imports in SADC

In 2022, the amount of kola nuts imported in SADC fell sharply to X kg, with a decrease of X% on the previous year's figure. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, kola nut imports shrank dramatically to $X in 2022. Over the period under review, imports, however, continue to indicate a modest expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X kg) and Botswana (X kg) represented the major importers of kola nuts in 2022, resulting at approx. X% and X% of total imports, respectively. It was distantly followed by Mozambique (X kg) and Malawi (X kg), together achieving a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest kola nut importing markets in SADC were Mozambique ($X), South Africa ($X) and Botswana ($X), together comprising X% of total imports.

Among the main importing countries, Mozambique, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price posted a strong increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mozambique ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :