India - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKola Nut Price in India - 2023
Contents:
- Kola Nut Price in India (CIF) - 2022
- Kola Nut Price in India (FOB) - 2022
- Kola Nut Imports in India
- Kola Nut Exports in India
Kola Nut Price in India (CIF) - 2022
In 2022, the average kola nut import price amounted to $13,650 per ton, picking up by 20% against the previous year. In general, the import price recorded strong growth. The most prominent rate of growth was recorded in 2014 an increase of 64% against the previous year. As a result, import price reached the peak level of $15,549 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.4% per year.
Kola Nut Price in India (FOB) - 2022
In 2022, the average kola nut export price amounted to $396 per ton, falling by -65.8% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 a decrease of -32.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,164 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($797 per ton), while the average price for exports to the United Arab Emirates stood at $283 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-0.4%).
Kola Nut Imports in India
In 2022, the amount of kola nuts imported into India surged to 9.6 tons, picking up by 443% on the previous year. Overall, imports continue to indicate a remarkable increase.
In value terms, kola nut imports surged to $131K in 2022. In general, imports enjoyed a significant expansion.
Import of Kola Nut in India (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 73.6 | 209 | 20.1 | 131 | 21.2% |
Others | 1.3 | 0.8 | N/A | N/A | -38.5% |
Total | 74.9 | 210 | 20.2 | 131 | 20.5% |
Top Suppliers of Kola Nut to India in 2022:
- United States (9.6 tons)
Kola Nut Exports in India
In 2022, approx. 9.5 tons of kola nuts were exported from India; rising by 218% against 2021. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,271% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, kola nut exports reached $3.8K in 2022. Overall, exports, however, showed a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 1,738% against the previous year.
Export of Kola Nut in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | N/A | 2.1 | 0% |
Saudi Arabia | N/A | N/A | N/A | 1.5 | 0% |
France | 7.5 | 0.2 | 3.3 | N/A | -33.7% |
Others | 0.3 | N/A | 0.1 | 0.1 | -30.7% |
Total | 7.8 | 0.2 | 3.5 | 3.8 | -21.3% |
Top Export Markets for Kola Nut from India in 2022:
- United Arab Emirates (7.5 tons)
- Saudi Arabia (1.9 tons)
This report provides an in-depth analysis of the kola nut market in India. 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 2030.
Product coverage:
- FCL 224 - Kolanuts
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the almond price stood at $3,433 per ton (CIF, India), dropping by -5.6% against the previous month.
In August 2023, the growth rate of Shelled Hazelnut reached its highest point, with a remarkable month-to-month increase of 350%. However, the value of imported Shelled Hazelnuts experienced a significant decline in October 2023, dropping to $234K.
The imports of Walnuts hit a staggering value of $14M in July 2023.
The import growth of Pistachio remained at a lower figure from October 2022 to July 2023. In terms of value, Pistachio imports fell to $15M in July 2023.
The growth rate for Areca Nut was highest in May 2023, jumping by 174% compared to the previous month. However, the value of Areca Nut imports plummeted to $13M in November 2023.
The rate of expansion showed the highest acceleration in May 2023 with a 174% month-to-month increase in imports. In terms of value, imports of Areca Nut surged to $22M in October 2023.
In May 2023, the pace of growth for Areca Nut imports was staggering, with a month-on-month increase of 174%. Furthermore, the value of these imports reached an impressive $22M in October 2023.
The price of Areca Nut in June 2023 reached $4,127 per ton (CIF, India), showing a 13% increase compared to the previous month.
Global kola nut consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.
In 2015, the country with the largest volume of the kola nut output was Nigeria (X thousand tons), accounting for X% of global production. Moreover, kola nut output in Nigeria exceeded the figures recorded by the world's second largest producer, C