Asia-Pacific: Kola Nut Market 2025

Kola Nut Market Size in Asia-Pacific

In 2022, the Asia-Pacific kola nut market increased by 251% to $X, rising for the third consecutive year after three years of decline. Over the period under review, consumption recorded a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Kola Nut Production in Asia-Pacific

In value terms, kola nut production soared to $X in 2022 estimated in export price. Overall, production recorded a resilient increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

India (X tons) constituted the country with the largest volume of kola nut production, comprising approx. 64% of total volume. Moreover, kola nut production in India exceeded the figures recorded by the second-largest producer, Singapore (X tons), threefold. The third position in this ranking was held by Australia (X tons), with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume in India amounted to +26,652,600.0%. In the other countries, the average annual rates were as follows: Singapore (+0.8% per year) and Australia (-8.1% per year).

Kola Nut Exports

Exports in Asia-Pacific

In 2022, shipments abroad of kola nuts was finally on the rise to reach X tons after two years of decline. In general, exports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2019 when exports increased by 121% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, kola nut exports surged to $X in 2022. Over the period under review, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by 314% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, India (X tons) represented the key exporter of kola nuts, generating 48% of total exports. Pakistan (X tons) ranks second in terms of the total exports with a 22% share, followed by Sri Lanka (19%) and Vietnam (8.1%). Australia (X kg) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to kola nut exports from India stood at +43.9%. At the same time, Pakistan (+45.8%) and Sri Lanka (+16.4%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +45.8% from 2012-2022. By contrast, Vietnam (-3.7%) and Australia (-33.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Pakistan, Sri Lanka and Vietnam increased by +48, +22, +17 and +1.8 percentage points, respectively.

In value terms, Pakistan ($X), Sri Lanka ($X) and Australia ($X) were the countries with the highest levels of exports in 2022, with a combined 80% share of total exports.

In terms of the main exporting countries, Pakistan, with a CAGR of +44.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, shrinking by -38.1% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 459%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+11.6%), while the other leaders experienced more modest paces of growth.

Kola Nut Imports

Imports in Asia-Pacific

In 2022, supplies from abroad of kola nuts decreased by -51.8% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2015 when imports increased by 485%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, kola nut imports fell dramatically to $X in 2022. Overall, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2014 when imports increased by 3,332%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) represented the major importer of kola nuts, creating 68% of total imports. Japan (X tons) took a 21% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (6.7%). Taiwan (Chinese) (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to kola nut imports into India stood at +34.6%. At the same time, Japan (+53.0%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +53.0% from 2012-2022. By contrast, Hong Kong SAR (-7.6%) and Taiwan (Chinese) (-29.3%) illustrated a downward trend over the same period. India (+63 p.p.), Japan (+21 p.p.) and Taiwan (Chinese) (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR saw its share reduced by -15.5% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported kola nuts in Asia-Pacific, comprising 69% of total imports. The second position in the ranking was held by Japan ($X), with a 25% share of total imports. It was followed by Hong Kong SAR, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to +32.7%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+48.0% per year) and Hong Kong SAR (+12.5% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, surging by 26% against the previous year. Over the period under review, the import price showed a buoyant expansion. The growth pace was the most rapid in 2014 an increase of 4,608% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+21.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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