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

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Areca Nut Market Size in Saudi Arabia

In 2019, the Saudi areca nut market was finally on the rise to reach $X for the first time since 2015, thus ending a three-year declining trend. Over the period under review, consumption, however, saw a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2016 to 2019, the growth of the market remained at a somewhat lower figure.

Areca Nut Exports

Exports from Saudi Arabia

After two years of decline, overseas shipments of areca nuts decreased by X% to X kg in 2019. In general, exports recorded a significant increase. Over the period under review, exports reached the peak figure at X kg in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, areca nut exports amounted to $X in 2019. Over the period under review, exports saw a significant increase. Over the period under review, exports reached the maximum at $X in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

Exports by Country

Malaysia (X kg) was the main destination for areca nut exports from Saudi Arabia, with a approx. X% share of total exports.

From 2012 to 2016, the average annual growth rate of volume to Malaysia was relatively modest.

From 2012 to 2016, the average annual growth rate of value to Malaysia was relatively modest.

Export Prices by Country

The average areca nut export price stood at $X per tonne in 2016, almost unchanged from the previous year. In general, the export price enjoyed a resilient expansion. The export price peaked in 2016 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 Malaysia.

From 2012 to 2016, the rate of growth in terms of prices for Malaysia amounted to X% per year.

Areca Nut Imports

Imports into Saudi Arabia

After three years of decline, overseas purchases of areca nuts increased by X% to X tonnes in 2019. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-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, areca nut imports fell to $X in 2019. Over the period under review, imports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 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

In 2019, Thailand (X tonnes) constituted the largest areca nut supplier to Saudi Arabia, accounting for a X% share of total imports. Moreover, areca nut imports from Thailand exceeded the figures recorded by the second-largest supplier, Myanmar (X tonnes), threefold.

From 2012 to 2019, the average annual rate of growth in terms of volume from Thailand stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (+X% per year) and Indonesia (+X% per year).

In value terms, Thailand ($X) constituted the largest supplier of areca nut to Saudi Arabia, comprising X% of total imports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of value from Thailand stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (+X% per year) and Indonesia (+X% per year).

Import Prices by Country

In 2019, the average areca nut import price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2019: its price increased at an average annual rate of +X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, areca nut import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne, and then dropped markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Thailand ($X per tonne), while the price for Myanmar ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for areca nuts in the world?
+
The country with the largest volume of areca nut consumption was India (912K tonnes), comprising approx. 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. Indonesia (253K tonnes) ranked third in terms of total production with a 14% share.
What are the leading suppliers of areca nuts to Saudi Arabia?
+
In value terms, Thailand ($558K) constituted the largest supplier of areca nut to Saudi Arabia, comprising 80% of total imports. The second position in the ranking was occupied by Myanmar ($78K), with a 11% share of total imports.
What is the average export price for areca nuts in Saudi Arabia?
+
In 2016, the average areca nut export price amounted to $4,569 per tonne, approximately mirroring the previous year.
What is the average import price for areca nuts in Saudi Arabia?
+
In 2019, the average areca nut import price amounted to $6,170 per tonne, falling by -19.3% against the previous year.

Product coverage:
• FCL 226 - Areca nuts

This report provides an in-depth analysis of the areca nut market in Saudi Arabia. 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:
• Saudi Arabia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Saudi Arabia
• 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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