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United Kingdom - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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United Kingdom: Kola Nut Market Overview 2021

Kola Nut Market Size in the UK

The UK kola nut market soared to $X in 2020, growing by X% against the previous year. Overall, consumption continues to indicate a slight increase. Kola nut consumption peaked at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Kola Nut Production in the UK

In value terms, kola nut production surged to $X in 2020 estimated in export prices. Over the period under review, production posted a resilient expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2017 to 2020, production growth remained at a somewhat lower figure.

In 2020, the average kola nut yield in the UK stood at X kg per ha, approximately equating 2019. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the harvested area of kola nuts in the UK totaled X ha, almost unchanged from the previous year's figure. Over the period under review, the harvested area saw a relatively flat trend pattern.

Kola Nut Exports

Exports from the UK

In 2020, overseas shipments of kola nuts decreased by -X% to X kg, falling for the fourth consecutive year after two years of growth. In general, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, kola nut exports dropped notably to $X in 2020. Over the period under review, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

Slovakia (X kg) was the main destination for kola nut exports from the UK, with a X% share of total exports. Moreover, kola nut exports to Slovakia exceeded the volume sent to the second major destination, France (X kg), sevenfold. The third position in this ranking was occupied by Spain (X kg), with a X% share.

From 2012 to 2020, the average annual growth rate of volume to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Spain (+X% per year).

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

From 2012 to 2020, the average annual rate of growth in terms of value to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Spain (+X% per year).

Export Prices by Country

The average kola nut export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Over the last eight years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 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 2019 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Slovakia ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Kola Nut Imports

Imports into the UK

After two years of decline, overseas purchases of kola nuts increased by X% to X tonnes in 2020. Overall, imports, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

In value terms, kola nut imports rose markedly to $X in 2020. In general, imports, however, saw a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2018 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Gambia (X tonnes) constituted the largest supplier of kola nut to the UK, with a X% share of total imports. Moreover, kola nut imports from Gambia exceeded the figures recorded by the second-largest supplier, Cote d'Ivoire (X tonnes), threefold. Nigeria (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual growth rate of volume from Gambia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cote d'Ivoire (-X% per year) and Nigeria (+X% per year).

In value terms, the largest kola nut suppliers to the UK were Cote d'Ivoire ($X), Jamaica ($X) and India ($X), together comprising X% of total imports.

Jamaica (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average kola 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 showed a deep slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2017 to 2020, the growth in terms of the average import prices remained 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 India ($X per tonne), while the price for Gambia ($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 a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for kola nuts in the world?
+
The country with the largest volume of kola nut consumption was Nigeria (168K tonnes), comprising approx. 51% of total volume. Moreover, kola nut consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Cote d'Ivoire (59K tonnes), threefold. The third position in this ranking was occupied by Cameroon (52K tonnes), with a 16% share.
What are the largest producers of kola nuts in the world?
+
Nigeria (168K tonnes) constituted the country with the largest volume of kola nut production, comprising approx. 53% of total volume. Moreover, kola nut production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire (60K tonnes), threefold. The third position in this ranking was occupied by Cameroon (52K tonnes), with a 16% share.
What are the leading suppliers of kola nuts to the UK?
+
In value terms, the largest kola nut suppliers to the UK were Cote d'Ivoire ($3.2K), Jamaica ($3.1K) and India ($2K), together comprising 70% of total imports.
What are the leading importers of kola nuts from the UK?
+
In value terms, Slovakia ($1.1K) emerged as the key foreign market for kola nut exports from the UK, comprising 84% of total exports. The second position in the ranking was occupied by France ($115), with a 8.8% share of total exports. It was followed by Spain, with a 5% share.
What is the average export price for kola nuts in the UK?
+
In 2020, the average kola nut export price amounted to $6,477 per tonne, with a decrease of -9% against the previous year.
What is the average import price for kola nuts in the UK?
+
The average kola nut import price stood at $525 per tonne in 2020, shrinking by -80.5% against the previous year.

Product coverage:
• FCL 224 - Kolanuts

This report provides an in-depth analysis of the kola nut market in the UK. 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:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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 2007–2020
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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