Report Update Feb 1, 2025

Eastern Asia - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Kola Nut Market 2025

Kola Nut Market Size in Eastern Asia

The East Asian kola nut market soared to $X in 2022, growing by 331% against the previous year. Overall, consumption showed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Kola Nut Production in Eastern Asia

In value terms, kola nut production declined to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 22% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The country with the largest volume of kola nut production was China (X tons), comprising approx. 99% of total volume.

In China, kola nut production remained relatively stable over the period from 2012-2022.

Kola Nut Exports

Exports in Eastern Asia

In 2019, after three years of decline, there was significant growth in shipments abroad of kola nuts, when their volume increased by 209% to X tons. Overall, exports, however, faced a deep downturn. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

In value terms, kola nut exports soared to $X in 2019. In general, exports, however, saw a significant decline. The level of export peaked at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

China (X tons) represented roughly 100% of total exports in 2019.

China was also the fastest-growing in terms of the kola nuts exports, with a CAGR of -19.8% from 2012 to 2019. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest kola nut supplier in Eastern Asia.

From 2012 to 2019, the average annual growth rate of value in China amounted to -20.6%.

Export Prices by Country

In 2019, the export price in Eastern Asia amounted to $X per ton, almost unchanged from the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by 147%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2019, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2019, the rate of growth in terms of prices for China amounted to -0.9% per year.

Kola Nut Imports

Imports in Eastern Asia

Kola nut imports surged to X tons in 2022, growing by 714% on 2021 figures. In general, imports recorded a strong increase. The growth pace was the most rapid in 2015 with an increase of 850%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, kola nut imports soared to $X in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2016 when imports increased by 2,562%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Japan (X tons) represented the main importer of kola nuts, generating 69% of total imports. Hong Kong SAR (X kg) held a 22% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (7%). South Korea (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 Japan stood at +53.0%. At the same time, South Korea (+89.8%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +89.8% from 2012-2022. By contrast, Hong Kong SAR (-7.6%) and Taiwan (Chinese) (-29.3%) illustrated a downward trend over the same period. Japan (+69 p.p.), Taiwan (Chinese) (+7 p.p.) and South Korea (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR saw its share reduced by -78.3% from 2012 to 2022, respectively.

In value terms, Japan ($X) constitutes the largest market for imported kola nuts in Eastern Asia, comprising 84% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 12% share of total imports. It was followed by Taiwan (Chinese), with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value in Japan stood at +48.0%. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (+12.5% per year) and Taiwan (Chinese) (-29.3% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, with an increase of 84% against the previous year. In general, the import price showed a significant increase. The growth pace was the most rapid in 2016 an increase of 852% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, 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

Frequently Asked Questions (FAQ) :

What are the largest markets for kola nuts in Eastern Asia?

The country with the largest volume of kola nut consumption was China, comprising approx. 72% of total volume. Moreover, kola nut consumption in China exceeded the figures recorded by the second-largest consumer, Hong Kong SAR, threefold. The third position in this ranking was occupied by Taiwan Chinese), with a 1.9% share.

What are the largest producers of kola nuts in Eastern Asia?

The country with the largest volume of kola nut production was South Korea, comprising approx. 100% of total volume.

What are the leading exporters of kola nuts in Eastern Asia?

In value terms, China remains the largest kola nut supplier in Eastern Asia.

What are the leading importers of kola nuts in Eastern Asia?

In value terms, China constitutes the largest market for imported kola nuts in Eastern Asia, comprising 61% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 24% share of total imports.

What is the average export price for kola nuts in Eastern Asia?

In 2020, the kola nut export price in Eastern Asia amounted to $6,642 per ton, waning by -55.3% against the previous year.

What is the average import price for kola nuts in Eastern Asia?

The kola nut import price in Eastern Asia stood at $1,348 per ton in 2020, rising by 10% against the previous year.

This report provides an in-depth analysis of the kola nut market in Eastern Asia. 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:

China
Hong Kong SAR
Macao SAR
Japan
South Korea
Taiwan (Chinese)
Democratic People's Republic of Korea

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Eastern Asia, split by region and country
Trade (exports and imports) in Eastern Asia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Harvested Area, By Country, 2012-2024
7. Yield, By Country, 2012-2024
8. Imports, In Physical Terms, By Country, 2012–2024
9. Imports, In Value Terms, By Country, 2012–2024
10. Import Prices, By Country Of Destination, 2012–2024
11. Exports, In Physical Terms, By Country, 2012–2024
12. Exports, In Value Terms, By Country, 2012–2024
13. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2024
19. Production, In Value Terms, 2012–2024
20. Area Harvested, 2012–2024
21. Yield, 2012–2024
22. Production, By Country, 2024
23. Production, In Physical Terms, By Country, 2012–2024
24. Harvested Area, By Country, 2024
25. Harvested Area, By Country, 2012-2024
26. Yield, By Country, 2012-2024
27. Imports, In Physical Terms, 2012–2024
28. Imports, In Value Terms, 2012–2024
29. Imports, In Physical Terms, By Country, 2024
30. Imports, In Physical Terms, By Country, 2012–2024
31. Imports, In Value Terms, By Country, 2012–2024
32. Import Prices, By Country, 2012–2024
33. Exports, In Physical Terms, 2012–2024
34. Exports, In Value Terms, 2012–2024
35. Exports, In Physical Terms, By Country, 2024
36. Exports, In Physical Terms, By Country, 2012–2024
37. Exports, In Value Terms, By Country, 2012–2024
38. Export Prices, 2012–2024