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U.S. - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Kola Nut Market Overview 2021

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Kola Nut Market Size in the U.S.

The U.S. kola nut market soared to $X in 2019, with an increase of 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 posted strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the market reached the peak level in 2019 and is likely to continue growth in the near future.

Kola Nut Exports

Exports from the U.S.

In 2019, approx. X tonnes of kola nuts were exported from the U.S.; shrinking by -X% compared with the previous year. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. From 2016 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, kola nut exports dropped to $X in 2019. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Exports peaked at $X in 2018, and then contracted in the following year.

Exports by Country

India (X tonnes), Germany (X tonnes) and Spain (X tonnes) were the main destinations of kola nut exports from the U.S., with a combined X% share of total exports. Saudi Arabia and the Czech Republic lagged somewhat behind, together accounting for a further X 2012 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) emerged as the key foreign market for kola nut exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of value to India amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Spain (+X% per year).

Export Prices by Country

In 2019, the average kola nut export price amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic, while the prices for the other major destinations experienced mixed trend patterns.

Kola Nut Imports

Imports into the U.S.

For the fourth year in a row, the U.S. recorded growth in supplies from abroad of kola nuts, which increased by X% to X tonnes in 2019. Over the period under review, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Imports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, kola nut imports skyrocketed to $X in 2019. Overall, imports saw a strong increase. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Imports peaked in 2019 and are likely to see steady growth in the near future.

Imports by Country

Cote d'Ivoire (X tonnes), Jamaica (X tonnes) and Guinea (X tonnes) were the main suppliers of kola nut imports to the U.S., 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 Cote d'Ivoire, while imports for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) constituted the largest supplier of kola nut to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Jamaica ($X), with a X% share of total imports.

From 2012 to 2019, the average annual growth rate of value from Cote d'Ivoire stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jamaica (+X% per year) and Guinea (+X% per year).

Import Prices by Country

In 2019, the average kola nut import price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Cote d'Ivoire ($X per tonne), while the price for Guinea ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Guinea, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for kola nuts in the world?
+
Nigeria (162K tonnes) remains the largest kola nut consuming country worldwide, comprising approx. 51% of total volume. Moreover, kola nut consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Cote d'Ivoire (60K tonnes), threefold. Cameroon (51K tonnes) ranked third in terms of total consumption with a 16% share.
What are the largest producers of kola nuts in the world?
+
The country with the largest volume of kola nut production was Nigeria (161K tonnes), accounting for 52% of total volume. Moreover, kola nut production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire (60K tonnes), threefold. Cameroon (51K tonnes) ranked third in terms of total production with a 16% share.
What are the leading suppliers of kola nuts to the U.S.?
+
In value terms, Cote d'Ivoire ($7.3M) constituted the largest supplier of kola nut to the U.S., comprising 80% of total imports. The second position in the ranking was occupied by Jamaica ($1.7M), with a 19% share of total imports.
What are the leading importers of kola nuts from the U.S.?
+
In value terms, India ($189K) emerged as the key foreign market for kola nut exports from the U.S., comprising 58% of total exports. The second position in the ranking was occupied by Saudi Arabia ($60K), with a 19% share of total exports. It was followed by Spain, with a 9.9% share.
What is the average export price for kola nuts in the U.S.?
+
The average kola nut export price stood at $6,476 per tonne in 2019, picking up by 78% against the previous year.
What is the average import price for kola nuts in the U.S.?
+
In 2019, the average kola nut import price amounted to $7,922 per tonne, approximately mirroring the previous year.

Product coverage:
• FCL 224 - Kolanuts

This report provides an in-depth analysis of the kola nut market in the U.S.. 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:
• USA

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