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World - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
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Global Areca Nut Market Overview 2021

Areca Nut Market Size

The global areca nut market amounted to $X in 2020, approximately reflecting the previous year. Over the period under review, consumption continues to indicate strong growth. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Over the period under review, the global market hit record highs in 2020 and is expected to retain growth in years to come.

Areca Nut Production

In value terms, areca nut production dropped modestly to $X in 2020 estimated in export prices. Overall, production showed a resilient increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% y-o-y. Over the period under review, global production hit record highs at $X in 2019, and then declined modestly in the following year.

India (X tonnes) constituted the country with the largest volume of areca nut production, comprising approx. X% of total volume. Moreover, areca nut production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tonnes), threefold. Indonesia (X tonnes) ranked third in terms of total production with a X% share.

In India, areca nut production increased at an average annual rate of +X% over the period from 2012-2020. in the other countries, the average annual rates were as follows: Bangladesh (+X% per year) and Indonesia (+X% per year).

In 2020, the global average areca nut yield declined to X tonnes per ha, remaining stable against 2019 figures. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the average areca nut yield reached the maximum level at X tonnes per ha in 2019, and then declined slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of areca nuts production worldwide reached X ha, surging by X% against the previous year's figure. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2020; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. The global harvested area peaked in 2020 and is expected to retain growth in the near future.

Production by Country

The country with the largest volume of areca nut production was India (X tonnes), comprising approx. X% of total volume. Moreover, areca nut production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tonnes), threefold. Indonesia (X tonnes) ranked third in terms of total production with a X% share.

From 2012 to 2020, the average annual growth rate of volume in India totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Bangladesh (+X% per year) and Indonesia (+X% per year).

Areca Nut Exports

Exports

In 2020, global exports of areca nuts dropped modestly to X tonnes, waning by -X% on the year before. in general, total exports indicated a tangible increase 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. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. from 2019 to 2020, the growth of global exports remained at a lower figure.

In value terms, areca nut exports declined to $X in 2020. Over the period under review, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2019 to 2020, the growth of global exports remained at a lower figure.

Exports by Country

In 2020, Indonesia (X tonnes) was the main exporter of areca nuts, comprising X% of total exports. Myanmar (X tonnes) held the second position in the ranking, followed by Thailand (X tonnes). All these countries together took approx. X% share of total exports. The following exporters - Singapore (X tonnes) and Sri Lanka (X tonnes) - each amounted to an X% share of total exports.

Exports from Indonesia increased at an average annual rate of +X% from 2012 to 2020. at the same time, Myanmar (+X%), Thailand (+X%) and Sri Lanka (+X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2020. by contrast, Singapore (-X%) illustrated a downward trend over the same period. Myanmar (+X p.p.) and Thailand (+X p.p.) significantly strengthened its position in terms of the global exports, while Singapore and Indonesia saw its share reduced by -X% and -X% from 2012 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest areca nut supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value in Indonesia totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Myanmar (+X% per year) and Thailand (+X% per year).

Export Prices by Country

In 2020, the average areca nut export price amounted to $X per tonne, approximately mirroring the previous year. in general, export price indicated a prominent expansion from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, areca nut export price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. in 2020, the country with the highest price was Sri Lanka ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Sri Lanka, while the other global leaders experienced more modest paces of growth.

Areca Nut Imports

Imports

In 2020, purchases abroad of areca nuts increased by X% to X tonnes for the first time since 2016, thus ending a three-year declining trend. Over the period under review, imports recorded strong growth. Over the period under review, global imports hit record highs at X tonnes in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, areca nut imports skyrocketed to $X in 2020. Overall, imports saw a resilient expansion. Over the period under review, global imports attained the maximum at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, India (X tonnes) represented the key importer of areca nuts, making up X% of total imports. Iran (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Singapore (X%), Bangladesh (X%), Afghanistan (X%), China (X%) and Thailand (X%).

From 2012 to 2020, average annual rates of growth with regard to areca nut imports into India stood at +X%. at the same time, Thailand (+X%), China (+X%), Bangladesh (+X%), Singapore (+X%) and Iran (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2020. Afghanistan experienced a relatively flat trend pattern. While the share of Afghanistan (+X p.p.), China (+X p.p.), Bangladesh (+X p.p.), Thailand (+X p.p.), Singapore (+X p.p.), India (+X p.p.) and Iran (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iran ($X), India ($X) and Singapore ($X) were the countries with the highest levels of imports in 2020, together comprising X% of global imports. These countries were followed by Thailand, Bangladesh, Afghanistan and China, which together accounted for a further X (+X% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average areca nut import price stood at $X per tonne in 2020, reducing by -X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2018 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Iran ($X per tonne), while China ($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 other global leaders 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, comprising approx. 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?
+
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. Indonesia (205K tonnes) ranked third in terms of total production with a 10% share.
What are the leading exporters of areca nuts in the world?
+
In value terms, Indonesia ($257M) remains the largest areca nut supplier worldwide, comprising 48% of global exports. The second position in the ranking was occupied by Myanmar ($112M), with a 21% share of global exports. It was followed by Thailand, with a 14% share.
What are the leading importers of areca nuts in the world?
+
In value terms, Iran ($122M), India ($76M) and Singapore ($31M) appeared to be the countries with the highest levels of imports in 2020, with a combined 69% share of global imports. Thailand, Bangladesh, Afghanistan and China lagged somewhat behind, together comprising a further 22%.
What is the average export price for areca nuts in the world?
+
In 2020, the average areca nut export price amounted to $1,490 per tonne, standing approx. at the previous year.
What is the average import price for areca nuts in the world?
+
The average areca nut import price stood at $4,806 per tonne in 2020, which is down by -4.6% against the previous year.

Product coverage:
• FCL 226 - Areca nuts

This report provides an in-depth analysis of the global areca nut market. 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.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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