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

Areca Nut Market Size in South Africa

The South African areca nut market skyrocketed to $X in 2020, jumping by X% against 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). In general, consumption saw a remarkable increase. The growth pace was the most rapid in 2013 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Areca Nut Exports

Exports from South Africa

In 2020, after two years of decline, there was significant growth in shipments abroad of areca nuts, when their volume increased by X% to X tonnes. In general, exports, however, continue to indicate a abrupt slump. Over the period under review, exports reached the maximum at X tonnes in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, areca nut exports skyrocketed to $X in 2020. Over the period under review, exports, however, recorded a precipitous curtailment. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

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

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

From 2012 to 2020, the average annual growth rate of value to Mozambique was relatively modest.

Export Prices by Country

In 2020, the average areca nut export price amounted to $X per tonne, declining by -X% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

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

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

Areca Nut Imports

Imports into South Africa

In 2020, supplies from abroad of areca nuts increased by X% to X tonnes for the first time since 2013, thus ending a six-year declining trend. Over the period under review, total imports indicated prominent growth from 2012 to 2020: its volume increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. from 2014 to 2020, the growth imports failed to regain the momentum.

In value terms, areca nut imports soared to $X in 2020. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Malaysia (X tonnes) constituted the largest areca nut supplier to South Africa, with a X% share of total imports. Moreover, areca nut imports from Malaysia exceeded the figures recorded by the second-largest supplier, India (X tonnes), twofold. The third position in this ranking was occupied by Pakistan (X tonnes), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from Malaysia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Pakistan (+X% per year).

In value terms, Malaysia ($X), India ($X) and Pakistan ($X) were the largest areca nut suppliers to South Africa, together accounting for X% of total imports. China and Indonesia lagged somewhat behind, together comprising a further X terms of the main suppliers, China recorded the highest rates of growth with regard to 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

In 2020, the average areca nut import price amounted to $X per tonne, rising by X% against the previous year. Over the last eight-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

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, accounting for 57% of total volume. Moreover, areca nut consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh (353K tonnes), threefold. China (106K tonnes) ranked third in terms of total consumption with a 6.2% share.
What are the largest producers of areca nuts in the world?
+
The country with the largest volume of areca nut production was India (949K tonnes), 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. The third position in this ranking was occupied by Indonesia (205K tonnes), with a 10% share.
What are the leading suppliers of areca nuts to South Africa?
+
In value terms, Malaysia ($427K), India ($242K) and Pakistan ($39K) were the largest areca nut suppliers to South Africa, together comprising 94% of total imports. These countries were followed by China and Indonesia, which together accounted for a further 5.8%.
What is the average export price for areca nuts in South Africa?
+
In 2020, the average areca nut export price amounted to $1,056 per tonne, declining by -86.6% against the previous year.
What is the average import price for areca nuts in South Africa?
+
In 2020, the average areca nut import price amounted to $5,893 per tonne, surging by 9.7% against the previous year.

Product coverage:
• FCL 226 - Areca nuts

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

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

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

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

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

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

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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