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Sweden - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Sweden: Areca Nut Market Overview 2021

Areca Nut Market Size in Sweden

After three years of growth, the Swedish areca nut market decreased by -X% to $X in 2020. In general, consumption, however, saw a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2019, and then dropped remarkably in the following year.

Areca Nut Exports

Exports from Sweden

In 2020, approx. X kg of areca nuts were exported from Sweden; therefore, remained relatively stable against the year before. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, exports hit record highs at X kg in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, areca nut exports stood at $X in 2020. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, exports hit record highs at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

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

From 2012 to 2015, the average annual growth rate of volume to Finland was relatively modest.

From 2012 to 2015, the average annual growth rate of value to Finland was relatively modest.

Export Prices by Country

The average areca nut export price stood at $X per tonne in 2015, almost unchanged from the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked in 2015 and is expected to retain growth in years to come.

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

From 2012 to 2015, the rate of growth in terms of prices for Finland amounted to X% per year.

Areca Nut Imports

Imports into Sweden

In 2020, purchases abroad of areca nuts decreased by -X% to X kg for the first time since 2016, thus ending a three-year rising trend. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2019, and then reduced sharply in the following year.

In value terms, areca nut imports fell sharply to $X in 2020. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked at $X in 2019, and then contracted dramatically in the following year.

Imports by Country

In 2020, the Netherlands (X kg) constituted the largest supplier of areca nut to Sweden, accounting for a X% share of total imports. Moreover, areca nut imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the UK (X kg), sixfold.

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

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

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

Import Prices by Country

The average areca nut import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per tonne), while the price for Thailand ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced a decline.

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. The third position in this ranking was occupied by China (106K tonnes), with a 6.2% share.
What are the largest producers of areca nuts in the world?
+
India (949K tonnes) constituted the country with the largest volume of areca nut production, comprising approx. 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 Sweden?
+
In value terms, the Netherlands ($3.8K) constituted the largest supplier of areca nut to Sweden, comprising 79% of total imports. The second position in the ranking was occupied by the UK ($944), with a 20% share of total imports.
What is the average export price for areca nuts in Sweden?
+
In 2015, the average areca nut export price amounted to $2,155 per tonne, almost unchanged from the previous year.
What is the average import price for areca nuts in Sweden?
+
In 2020, the average areca nut import price amounted to $6,744 per tonne, dropping by -3.4% against the previous year.

Product coverage:
• FCL 226 - Areca nuts

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Sweden
• 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  This Chapter is Available Only for the Professional Edition PRO
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 2007–2020
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

This Chapter is Available Only for the Professional Edition PRO
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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