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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

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Areca Nut Market Size in South Africa

After two years of growth, the South African areca nut market decreased by -X% to $X in 2019. Over the period under review, consumption, however, saw a strong expansion. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2014 to 2019, the growth of the market remained at a somewhat lower figure.

Areca Nut Exports

Exports from South Africa

In 2019, overseas shipments of areca nuts decreased by -X% to X kg, falling for the second consecutive year after three years of growth. Over the period under review, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Exports peaked at X tonnes in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, areca nut exports dropped notably to $X in 2019. Overall, exports showed a sharp decrease. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

Zambia (X kg) was the main destination for areca nut exports from South Africa, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Zambia amounted to -X%.

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

From 2012 to 2019, the average annual growth rate of value to Zambia totaled -X%.

Export Prices by Country

In 2019, the average areca nut export price amounted to $X per tonne, standing approx. at the previous year. Over the period under review, the export price saw strong growth. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average export prices remained at a lower figure.

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

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

Areca Nut Imports

Imports into South Africa

In 2019, purchases abroad of areca nuts decreased by -X% to X tonnes, falling for the sixth year in a row after two years of growth. Over the period under review, imports, however, saw modest 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 tonnes. From 2014 to 2019, the growth imports failed to regain the momentum.

In value terms, areca nut imports contracted markedly to $X in 2019. Overall, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2014 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

India (X tonnes), Malaysia (X tonnes) and Pakistan (X tonnes) were the main suppliers of areca nut imports to South Africa, together accounting for X% of total imports.

From 2012 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan, while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Malaysia ($X) and Pakistan ($X) appeared to be the largest areca nut suppliers to South Africa, together comprising X% of total imports.

Among the main suppliers, India saw 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

The average areca nut import price stood at $X per tonne in 2019, dropping by -X% against the previous year. Over the period from 2012 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2018, and then shrank 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 India ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced a decline.

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?
+
India (901K tonnes) remains the largest areca nut producing country worldwide, comprising approx. 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 South Africa?
+
In value terms, India ($237K), Malaysia ($163K) and Pakistan ($33K) appeared to be the largest areca nut suppliers to South Africa, together accounting for 97% of total imports.
What are the leading importers of areca nuts from South Africa?
+
In value terms, Zambia ($827) remains the key foreign market for areca nut exports from South Africa.
What is the average export price for areca nuts in South Africa?
+
The average areca nut export price stood at $3,838 per tonne in 2019, approximately reflecting the previous year.
What is the average import price for areca nuts in South Africa?
+
In 2019, the average areca nut import price amounted to $5,374 per tonne, which is down by -11.9% 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

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

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 2007–2019
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

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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