U.S. - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKola Nut Prices in the United States
U.S. Kola Nut Import Price per Ton in August 2022
In August 2022, the kola nut price per ton stood at $4.8K (CIF, US), surging by 38% against the previous month. Overall, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 120% month-to-month. The import price peaked at $12.9K per ton in January 2022; however, from February 2022 to August 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Brazil ($6.3K per ton), while the price for Nigeria ($2.7K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Jamaica (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
U.S. Kola Nut Imports
Kola nut imports into the United States soared to 48 tons in August 2022, jumping by 873% compared with the previous month. Overall, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in May 2022 with an increase of 1,489% month-to-month.
In value terms, kola nut imports skyrocketed to $230K (IndexBox estimates) in August 2022. In general, imports, however, saw a dramatic decrease.
U.S. Kola Nut Imports by Country
In August 2022, Jamaica (39 tons) constituted the largest kola nut supplier to the United States, accounting for a 82% share of total imports. Moreover, kola nut imports from Jamaica exceeded the figures recorded by the second-largest supplier, Nigeria (6.7 tons), sixfold. The third position in this ranking was taken by Brazil (1 tons), with a 2.1% share.
From January 2022 to August 2022, the average monthly growth rate of volume from Jamaica stood at -6.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Nigeria (+57.5% per month) and Brazil (0.0% per month).
In value terms, Jamaica ($202K) constituted the largest supplier of kola nut to the United States, comprising 88% of total imports. The second position in the ranking was held by Nigeria ($18K), with a 7.9% share of total imports. It was followed by Brazil, with a 2.7% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of value from Jamaica stood at -5.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Nigeria (+23.3% per month) and Brazil (0.0% per month).
This report provides an in-depth analysis of the kola nut market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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In August 2022, the kola nut price per ton amounted to $4.8K, surging by 38% against the previous month.
763
In May 2022, the kola nut price per ton amounted to $2,407 (CIF, US), waning by -80.4% against the previous month.
338
In August 2022, the almond price per ton amounted to $4,103, declining by -6.3% against the previous month.
2145
In May 2022, the almond price per ton amounted to $4,036 (FOB, US), surging by 4.7% against the previous month.
854
U.S. almond exports hit a record high of approx. $1.1B in 2020, which was equal to 296K tons. An increase in harvested area, especially in California, led to a higher almond output that enabled to propel exports. India became the main importer of American almonds, accounting for 74% of the total export volume.
919
In December 2022, the pistachio price stood at $7,586 per ton (FOB, US), increasing by 2.2% against the previous month.
513
In August 2022, the pistachio price per ton stood at $7.5K (FOB, US), increasing by 6.9% against the previous month.
1255
The pistachio price per ton stood at $7,352 (FOB, US) in May 2022, falling by -3.1% against the previous month.
814
In 2021 production of pistachios in the U.S. will break previous years’ records thanks to large yields and an increase in the bearing average. This will enable an expansion of exports, primarily to the EU and China, and retaining stable prices on the domestic market. Heading into 2022, the U.S. will strengthen its position in the global market as its closest competitor, Iran, faces a lower yield that will cause it to deplete its pistachio reserves.
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The average import areca nut price per ton stood at $9,633 in Apr 2022, which is down by -25% against the previous month.
