Latest Report Update: May 29, 2021

World - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Global Kola Nut Market Overview 2021

Webinar: Global Beef Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global beef market.

Thursday, September 16th, 2021 @ 10:00 am ET

Register Now

Kola Nut Market Size

The global kola nut market soared to $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Kola Nut Production

In value terms, kola nut production surged to $X in 2020 estimated in export prices. Over the period under review, production enjoyed a prominent increase. The growth pace was the most rapid in 2014 when the production volume increased by X% year-to-year. Over the period under review, global production reached the maximum level in 2020 and is likely to see steady growth in the near future.

The country with the largest volume of kola nut production was Nigeria (X tonnes), accounting for X% of total volume. Moreover, kola nut production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire (X tonnes), threefold. Cameroon (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 Nigeria amounted to +X%. In the other countries, the average annual rates were as follows: Cote d'Ivoire (-X% per year) and Cameroon (+X% per year).

The global average kola nut yield contracted slightly to X kg per ha in 2020, leveling off at 2019 figures. In general, the yield continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, the average kola nut yield hit record highs at X kg per ha in 2015; however, from 2016 to 2020, the yield remained at a lower figure. 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 kola nuts production worldwide rose to X ha, with an increase of X% compared with 2019. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X% against the previous year. The global harvested area peaked in 2020 and is expected to retain growth in the immediate term.

Production By Country

The country with the largest volume of kola nut production was Nigeria (X tonnes), accounting for X% of total volume. Moreover, kola nut production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire (X tonnes), threefold. The third position in this ranking was occupied by Cameroon (X tonnes), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume in Nigeria totaled +X%. In the other countries, the average annual rates were as follows: Cote d'Ivoire (-X% per year) and Cameroon (+X% per year).

Kola Nut Exports

Exports

In 2020, shipments abroad of kola nuts decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. From 2016 to 2020, the growth of global exports remained at a lower figure.

In value terms, kola nut exports soared to $X in 2020. In general, total exports indicated measured growth from 2012 to 2020: its value decreased 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 growth pace was the most rapid in 2014 with an increase of X% y-o-y. Global exports peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Cote d'Ivoire (X tonnes) and Jamaica (X tonnes) were the main exporters of kola nuts in 2020, resulting at approx. X% and X% of total exports, respectively. The U.S. (X tonnes) occupied the next position in the ranking, followed by Nigeria (X tonnes), Belgium (X tonnes) and France (X tonnes). All these countries together held approx. X% share of total exports. Guinea (X tonnes) took a relatively small share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by France, while exports for the other global leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) remains the largest kola nut supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Jamaica ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

From 2012 to 2020, the average annual growth rate of value in Cote d'Ivoire totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Jamaica (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

The average kola nut export price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, the export price saw a noticeable increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2015 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Cote d'Ivoire ($X per tonne), while Guinea ($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 U.S., while the other global leaders experienced more modest paces of growth.

Kola Nut Imports

Imports

After three years of decline, supplies from abroad of kola nuts increased by X% to X tonnes in 2020. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2017 to 2020, the growth of global imports remained at a somewhat lower figure.

In value terms, kola nut imports fell to $X in 2020. Overall, total imports indicated a strong expansion from 2012 to 2020: its value 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, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2017 to 2020, the growth of global imports failed to regain the momentum.

Imports by Country

Burkina Faso represented the main importing country with an import of about X tonnes, which accounted for X% of total imports. Mali (X tonnes) occupied the second position in the ranking, distantly followed by Bahrain (X tonnes) and the U.S. (X tonnes). All these countries together occupied near X% share of total imports. France (X tonnes) followed a long way behind the leaders.

Imports into Burkina Faso increased at an average annual rate of +X% from 2012 to 2020. At the same time, Bahrain (+X%), Mali (+X%), the U.S. (+X%) and France (+X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2020. From 2012 to 2020, the share of Mali and Bahrain increased by +X% and +X% percentage points, while France (-X p.p.), the U.S. (-X p.p.) and Burkina Faso (-X p.p.) saw their share reduced.

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

In the U.S., kola nut imports expanded at an average annual rate of +X% over the period from 2012-2020. The remaining importing countries recorded the following average annual rates of imports growth: Bahrain (+X% per year) and Burkina Faso (+X% per year).

Import Prices by Country

The average kola nut import price stood at $X per tonne in 2020, dropping by -X% against the previous year. Overall, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while Mali ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Bahrain, while the other global leaders 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 (165K tonnes) constituted the country with the largest volume of kola nut consumption, accounting for 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. 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?
+
Nigeria (165K 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. Cameroon (51K tonnes) ranked third in terms of total production with a 16% share.
What are the leading suppliers of kola nuts in the world?
+
In value terms, Cote d'Ivoire ($4M) remains the largest kola nut supplier worldwide, comprising 53% of global exports. The second position in the ranking was occupied by Jamaica ($1.7M), with a 22% share of global exports. It was followed by the U.S., with a 6.3% share.
What are the leading importers of kola nuts in the world?
+
In value terms, the U.S. ($5.6M) constitutes the largest market for imported kola nuts worldwide, comprising 42% of global imports. The second position in the ranking was occupied by Bahrain ($2.4M), with a 18% share of global imports. It was followed by Burkina Faso, with a 13% share.
What is the average export price for kola nuts in the world?
+
In 2020, the average kola nut export price amounted to $6,034 per tonne, jumping by 52% against the previous year.
What is the average import price for kola nuts in the world?
+
The average kola nut import price stood at $1,121 per tonne in 2020, falling by -30.2% against the previous year.

Product coverage:
• FCL 224 - Kolanuts

This report provides an in-depth analysis of the global kola 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

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
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 2025
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

Webinar: Global Beef Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global beef market.



Thursday, September 16th, 2021 @ 10:00 am ET


Register

Webinar: Global Soybean Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global soybean market.



Tuesday, September 21st, 2021 @ 10:00 am ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Thursday, July 15th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data