World - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights

Global Kola Nut Market Overview 2019

Kola Nut Market Size

The global kola nut market revenue amounted to $X in 2017, flattening at the previous year. In general, kola nut consumption continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2014, when market value increased by X% year-to-year. Global kola nut consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Kola Nut Production

In 2017, approx. X tonnes of kola nuts were produced worldwide; standing approx. at the previous year. In general, kola nut production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. In that year, the global kola nut production attained their peak volume of X tonnes. From 2015 to 2017, growth of the global kola nut production stood at a somewhat lower level. The general negative trend in terms of kola nut output was largely conditioned by a relatively flat trend pattern of the harvested area and a slight shrinkage in yield figures.

Nigeria (X tonnes) constituted the country with the largest volume of kola nut production, comprising approx. X% of total production. Moreover, kola nut production in Nigeria exceeded the figures recorded by the world's second largest producer, Cote d'Ivoire (X tonnes), threefold. Cameroon (X tonnes) ranked third in terms of total production with a X% share.

In Nigeria, kola nut production remained relatively stable over the period from 2012-2017. The remaining producing countries recorded the following average annual rates of production growth: Cote d'Ivoire (-X% per year) and Cameroon (-X% per year).

In 2017, the global average yield of kola nuts stood at X kg per ha, stabilizing at the previous year. In general, kola nut yield continues to indicate a slight deduction. The pace of growth appeared the most rapid in 2014, with an increase of X% against the previous year. In that year, the average kola nut yield reached their peak level of X kg per ha. From 2015 to 2017, growth of the average kola nut yield stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, the global harvested area of kola nuts stood at X ha, approximately mirroring the previous year. Overall, kola nut harvested area continues to indicate a slight increase. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to kola nut production reached its peak figure in 2017, and is likely to continue its growth in the immediate term.

Kola Nut Exports

Exports 2007-2017

In 2017, the amount of kola nuts exported worldwide totaled X tonnes, surging by X% against the previous year. Overall, the total exports indicated a temperate increase from 2012 to 2017: its volume increased at an average annual rate of +X% over the last five years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the kola nut exports decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2015, when exports increased by X% year-to-year. In that year, the global kola nut exports attained their peak volume of X tonnes. From 2016 to 2017, growth of the global kola nut exports failed to regain its momentum.

In value terms, kola nut exports totaled $X in 2017. In general, the total exports indicated a strong increase from 2012 to 2017: its value increased at an average annual rate of +X% over the last five year period. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the kola nut exports decreased by -X% against 2015 indices. In that year, the global kola nut exports attained their peak level of $X. From 2016 to 2017, growth of the global kola nut exports failed to regain its momentum.

Exports by Country

In 2017, the Netherlands (X tonnes), Jamaica (X tonnes) and Ghana (X tonnes) were the main exporters of kola nuts in the world, creating X% of total export. It was distantly followed by Australia (X tonnes) and Belgium (X tonnes), together generating X% share of total exports. The United Arab Emirates (X tonnes) and the U.S. (X tonnes) took the minor share of total exports.

From 2012 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Ghana (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Jamaica ($X) and Ghana ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of global exports.

Among the main exporting countries, Ghana (+X% per year) experienced the highest rates of growth with regard to exports, over the last five years, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average kola nut export price stood at $X per tonne in 2017, surging by X% against the previous year. Over the period from 2012 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016, when the average export prices increased by X% year-to-year. Global export price peaked in 2017, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the Netherlands ($X per tonne), while Australia ($X per tonne) was amongst the lowest.

From 2012 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other global leaders experienced more modest paces of growth.

Kola Nut Imports

Imports 2007-2017

In 2017, approx. X tonnes of kola nuts were imported worldwide; reducing by -X% against the previous year. Overall, kola nut imports continue to indicate a modest increase. The pace of growth appeared the most rapid in 2013, when imports increased by X% y-o-y. In that year, the global kola nut imports reached their peak volume of X tonnes. From 2014 to 2017, growth of the global kola nut imports failed to regain its momentum.

In value terms, kola nut imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2012 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. In that year, the global kola nut imports attained their peak level of $X. From 2015 to 2017, growth of the global kola nut imports stood at a somewhat lower level.

Imports by Country

Burkina Faso (X tonnes) and the U.S. (X tonnes) represented roughly X% of total imports of kola nuts in 2017. Nigeria (X tonnes) occupied the second position in the ranking, followed by France (X tonnes), Mali (X tonnes), Niger (X tonnes) and Qatar (X tonnes). All these countries together took approx. X% share of total imports. Belgium (X tonnes) occupied the slight share of total imports.

From 2012 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Qatar (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported kola nuts worldwide, making up X% of global imports. The second position in the ranking was occupied by Burkina Faso ($X), with a X% share of global imports. It was followed by Nigeria, with a X% share.

In the U.S., kola nut imports increased at an average annual rate of +X% over the period from 2012-2017. In the other countries, the average annual rates were as follows: Burkina Faso (+X% per year) and Nigeria (+X% per year).

Import Prices by Country

In 2017, the average kola nut import price amounted to $X per tonne, rising by X% against the previous year. In general, kola nut import price continues to indicate a pronounced growth. The pace of growth was the most pronounced in 2016, an increase of X% year-to-year. Global import price peaked in 2017, and is likely to see steady growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the U.S. ($X per tonne), while Qatar ($X per tonne) was amongst the lowest.

From 2012 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform